Vendor Managed Inventory Manager Salary in the United States

FAQ about Vendor Managed Inventory Manager

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

A Vendor Managed Inventory Manager'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 Manager earns the most in San Jose, CA, where the annual salary of a Vendor Managed Inventory Manager is $140,948.

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

The highest pay for Vendor Managed Inventory Manager is $122,229.

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

The lowest pay for Vendor Managed Inventory Manager is $88,996.

4. What are the responsibilities of 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. 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 a director. 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. 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.