How much does a Vendor Managed Inventory Director make in Akeley, MN? The average Vendor Managed Inventory Director salary in Akeley, MN is $146,977 as of April 24, 2024, but the range typically falls between $130,998 and $173,832. 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 Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Vendor Managed Inventory Director Salary $116,450 Akeley,MN April 24, 2024
25th Percentile Vendor Managed Inventory Director Salary $130,998 Akeley,MN April 24, 2024
50th Percentile Vendor Managed Inventory Director Salary $146,977 Akeley,MN April 24, 2024
75th Percentile Vendor Managed Inventory Director Salary $173,832 Akeley,MN April 24, 2024
90th Percentile Vendor Managed Inventory Director Salary $198,282 Akeley,MN April 24, 2024
25% $130,998 10% $116,450 90% $198,282 75% $173,832 $146,977 50%(Median) Didn’t find job title? Click
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What skills does a Vendor Managed Inventory Director need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Negotiating: Applying negotiation concepts and techniques in a dialogue between two or more parties to reach a win-win solution.

2.

Business Administration: It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.

3.

Business Operations: The outcome of business operations is the harvesting of value from assets owned by a business. Assets can be either physical or intangible. An example of value derived from a physical asset, like a building, is rent. An example of value derived from an intangible asset, like an idea, is a royalty. The effort involved in "harvesting" this value is what constitutes business operations cycles.

Negotiating 4.49%
Business Administration 2.25%
Business Operations 1.12%
Others 92.14%

Job Description for Vendor Managed Inventory Director

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 2024 Salary.com)... View full job description

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Job Openings for Vendor Managed Inventory Director in Akeley, MN
  • Vendor Managed Inventory Specialist (Maple Grove, MN). Minneapolis. Maple Grove, MN, USA. Full Time. Vendor Managed Inventory Specialist. R.S. Hughes Compa...
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    - 2 Months Ago
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    - 5 Months Ago
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Those that have already made the climb...
Michael J. Hartshorn, Group President, Chief Operating Officer, Director
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 brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its ... More
Fiscal Year Ended in 2022
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Vendor Managed Inventory Director salary varies from city to city. Compared with national average salary of Vendor Managed Inventory Director, the highest Vendor Managed Inventory Director salary is in San Francisco, CA, where the Vendor Managed Inventory Director salary is 25.0% above. The lowest Vendor Managed Inventory Director salary is in Miami, FL, where the Vendor Managed Inventory Director salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Vendor Managed Inventory Director, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
130998
173832
146977

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
144449
200798
171942
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 Akeley, MN. The base salary for Vendor Managed Inventory Director ranges from $130,998 to $173,832 with the average base salary of $146,977. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $144,449 to $200,798 with the average total cash compensation of $171,942.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

130998
173832

 

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How much should you be paid?

About Akeley, Minnesota    Akeley is a city in Hubbard County, Minnesota, USA. The population was 432 at the 2010 census. According to the United States Census Bureau, the city ....More

Akeley, Minnesota  area prices were up 0.8% from a year ago    View the Cost of Living in Akeley, Minnesota

Vendor Managed Inventory Director Salary in popular cities: MinneapolisSaint PaulRochester

Skills associated with Vendor Managed Inventory Director: Strategic Planning, Inventory Management, Expediting, Available-To-Promise ...More

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