How much does a Vendor Managed Inventory Director make in the United States? The average Vendor Managed Inventory Director salary in the United States is $140,558 as of December 26, 2019, but the range typically falls between $127,771 and $203,270. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Vendor Managed Inventory Director directs operations to manage and maintain the customer's inventory replenishment levels and stock models based on approved schedule and agreed-upon targets. Monitors and analyzes utilization, product availability, pricing, and lead times to prepare VMI models. Being a Vendor Managed Inventory Director understands all VMI parameters, calculations and data feeds to accurately generate replenishment orders. Develops reports to track all metrics and identify trends or issues that impact inventory levels. Additionally, Vendor Managed Inventory Director expedites and resolves any shipping, delivery, ordering or system issues that may impact expected inventory replenishment targets. Requires a bachelor's degree. Typically reports to senior management. The Vendor Managed Inventory Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Vendor Managed Inventory Director typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2020 Salary.com)
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brands. Its stores primarily offers apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department an... More
ROSS STORES INC
Fiscal Year Ended in 2018
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Vendor Managed Inventory Director in the United States. The base salary for Vendor Managed Inventory Director ranges from $127,771 to $203,270 with the average base salary of $140,558. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $133,108 to $203,382 with the average total cash compensation of $171,470.