Vendor Managed Inventory Director Salary in Florence, South Carolina
Vendor Managed Inventory Director Salary in Florence, SC
How much does a Vendor Managed Inventory Director make in Florence, SC? The average Vendor Managed Inventory Director salary in Florence, SC is $137,801 as of April 24, 2024, but the range typically falls between $122,819 and $162,979. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Vendor Managed Inventory Director Salary | $109,179 | Florence,SC | April 24, 2024 |
| 25th Percentile Vendor Managed Inventory Director Salary | $122,819 | Florence,SC | April 24, 2024 |
| 50th Percentile Vendor Managed Inventory Director Salary | $137,801 | Florence,SC | April 24, 2024 |
| 75th Percentile Vendor Managed Inventory Director Salary | $162,979 | Florence,SC | April 24, 2024 |
| 90th Percentile Vendor Managed Inventory Director Salary | $185,903 | Florence,SC | April 24, 2024 |
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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.
Negotiating: Applying negotiation concepts and techniques in a dialogue between two or more parties to reach a win-win solution.
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.
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.
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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What does a Vendor Managed Inventory Director do?
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Vendor Managed Inventory Director Pay Difference by Location
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.
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About Florence, South Carolina
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Level of Education for Vendor Managed Inventory Director
Jobs with different levels of education may pay very differently. Check the Vendor Managed Inventory Director salary of your education level.
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- Vendor Managed Inventory Director Salaries with a Master's Degree or MBA
- Vendor Managed Inventory Director Salaries with a JD, MD, PhD or Equivalent
Vendor Managed Inventory Director Salary by Global Country
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About Florence, South Carolina Florence /ˈflɒrəns/ is a city in, and the county seat of, Florence County, South Carolina, United States. It is probably best known for being the inte....More
Florence, South Carolina area prices were up 1.5% from a year ago View the Cost of Living in Florence, South Carolina
Vendor Managed Inventory Director Salary in popular cities: Columbia, Charleston, North Charleston
Skills associated with Vendor Managed Inventory Director: Strategic Planning, Inventory Management, Expediting, Available-To-Promise ...More
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Salary estimation for Vendor Managed Inventory Director at companies like : St Louis City Dept of Health, Memorial Post 4539 Veterans of Foreign Wars of the United States, Armstrong Relocation Company San Antonio
