Vendor Managed Inventory Director Salary in the United States

FAQ about Vendor Managed Inventory Director

1. Where can a Vendor Managed Inventory Director earn the most?

A Vendor Managed Inventory Director's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Vendor Managed Inventory Director earns the most in San Jose, CA, where the annual salary of a Vendor Managed Inventory Director is $193,632.

2. What is the highest pay for Vendor Managed Inventory Director?

The highest pay for Vendor Managed Inventory Director is $163,116.

3. What is the lowest pay for Vendor Managed Inventory Director?

The lowest pay for Vendor Managed Inventory Director is $138,395.

4. What are the responsibilities of 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. 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. 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. 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. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.

5. What industry pays the highest salary for Vendor Managed Inventory Director?

The Healthcare industry offers the highest average compensation for Vendor Managed Inventory Director roles, with salaries approximately 25% above the market median.