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 $56 as of May 28, 2024, but the range typically falls between $49 and $66. 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. 

Vendor Managed Inventory Manager Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Vendor Managed Inventory Manager Salary $43 US May 28, 2024
25th Percentile Vendor Managed Inventory Manager Salary $49 US May 28, 2024
50th Percentile Vendor Managed Inventory Manager Salary $56 US May 28, 2024
75th Percentile Vendor Managed Inventory Manager Salary $66 US May 28, 2024
90th Percentile Vendor Managed Inventory Manager Salary $75 US May 28, 2024
25% $49 10% $43 90% $75 75% $66 $56 50%(Median) Didn’t find job title? Click
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What skills does a Vendor Managed Inventory Manager 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.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

Promotion: Developing and implementing promotional activities to attract and increase the awareness of customers in buying products.

3.

Staff Management: To manage employees or subordinates of an organization is termed staff management. This is a structure through which staff members or employees can achieve their full potential within the job duties assigned to them.

Leadership 5.36%
Promotion 1.79%
Staff Management 1.19%
Others 91.66%
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Job Description for Vendor Managed Inventory Manager

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

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Career Path for Vendor Managed Inventory Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Vendor Managed Inventory Manager, the first career path typically progresses to Vendor Managed Inventory Director.

Those that have already made the climb...
Scott Morris, President and Chief Operating Officer
Freshpet, Inc. manufactures and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. The company sells its products under the Freshpet brand; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural, as we... More
Fiscal Year Ended in 2022
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Vendor Managed Inventory Manager salary varies from city to city. Compared with national average salary of Vendor Managed Inventory Manager, the highest Vendor Managed Inventory Manager salary is in San Francisco, CA, where the Vendor Managed Inventory Manager salary is 25.0% above. The lowest Vendor Managed Inventory Manager salary is in Miami, FL, where the Vendor Managed Inventory Manager 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 hourly compensation opportunity for a Vendor Managed Inventory Manager, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
49
66
56

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
53
73
62
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 $49 to $66 with the average hourly pay of $56. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $53 to $73 with the average total hourly cash compensation of $62.
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49
66

 

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Skills associated with Vendor Managed Inventory Manager: Inventory Management, Expediting, Available-To-Promise, Inventory Control Software ...More

Recently searched related titles: Software Eng

Jobs with a similar salary range to Vendor Managed Inventory Manager : Associate Vendor Manager, Listing Manager, Manager, Vendor Management

Salary estimation for Vendor Managed Inventory Manager at companies like : Relis Lifts Ltd, Bbi Tbc Holdings LLC, Gilax Corp

Vendor Managed Inventory Manager Salary in United States
Vendor Managed Inventory Manager Salary Graph, Regional Distribution and Summary