Hourly Wage for Vendor Managed Inventory Manager Salary in the United States

How much does a Vendor Managed Inventory Manager make hourly in the United States? The average hourly wage for a Vendor Managed Inventory Manager in the United States is $47 as of December 26, 2019, but the range typically falls between $40 and $57. Hourly rate 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. 

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25% $40 10% $33 90% $67 75% $57 $47 50%(Median)
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Job Description

Vendor Managed Inventory Manager manages and maintains 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 Manager 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 Manager 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 a director. The Vendor Managed Inventory Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Vendor Managed Inventory Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2020 Salary.com)

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Career Path for Vendor Managed Inventory Manager

Those that have already made the climb...
Cathal Walsh , Senior Vice President, Cooler Operations
Freshpet, Inc. manufactures and markets natural fresh products, refrigerated meals, and treats for dogs and cats in the United States, Canada, and the United Kingdom. The company sells its products under the Freshpet brand; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, clu... More
Fiscal Year Ended in 2018
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.3%
City, State Washington, DC Compared to national average
+ 10.7%
City, State Miami, FL Compared to national average
-2.7%
City, State Chicago, IL Compared to national average
+ 6.0%
City, State Boston, MA Compared to national average
+ 12.9%
City, State New York, NY Compared to national average
+ 21.0%
City, State Dallas, TX Compared to national average
-1.0%

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Understand the total hourly compensation opportunity for a Vendor Managed Inventory Manager, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
40
57
47

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
43
61
50
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Vendor Managed Inventory Manager in the United States. The average hourly rate for Vendor Managed Inventory Manager ranges from $40 to $57 with the average hourly pay of $47. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $43 to $61 with the average total hourly cash compensation of $50.
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40
57

 

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Skills associated with Vendor Managed Inventory Manager: Inventory Management, Inventory Control Software, Vendor Management, Expediting ...More

Salary estimation for Vendor Managed Inventory Manager at companies like : DOMO INC, EVERQUOTE INC, FRESHPET INC