How much does a Vendor Managed Inventory Manager make in Florence, SC? The average Vendor Managed Inventory Manager salary in Florence, SC is $105,627 as of August 27, 2024, but the range typically falls between $92,784 and $124,404. 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 Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Vendor Managed Inventory Manager Salary $81,091 Florence,SC August 27, 2024
25th Percentile Vendor Managed Inventory Manager Salary $92,784 Florence,SC August 27, 2024
50th Percentile Vendor Managed Inventory Manager Salary $105,627 Florence,SC August 27, 2024
75th Percentile Vendor Managed Inventory Manager Salary $124,404 Florence,SC August 27, 2024
90th Percentile Vendor Managed Inventory Manager Salary $141,499 Florence,SC August 27, 2024
25% $92,784 10% $81,091 90% $141,499 75% $124,404 $105,627 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%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Vendor Managed Inventory Manager higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Vendor Relationships, you can get a 17% salary raise. If you are good at Collaboration, your salary will increase by 14%. If you are expert in Innovation, your salary will rise by 12%.
Skill Salary Demand
Vendor Relationships
$123,583
17%
Collaboration
$120,414
14%
Innovation
$118,302
12%
Vendor Management
$118,302
12%
Attention to Detail
$117,246
11%
Problem Solving
$114,077
8%
Last Updated on August 27, 2024
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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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Job Openings for Vendor Managed Inventory Manager in Florence, SC
  • McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and ser...
    - 3 Days Ago
  • Would you enjoy diving deep into, operating, and improving some of the largest software systems humanity has ever built. Do the challenges that come of dri...
    - 2 Days Ago
  • Do you love decomposing problems to develop products that impact millions of people around the world. Would you enjoy identifying, defining, and building s...
    - 4 Days Ago
  • Would you enjoy diving deep into operating systems and improving some of the largest software systems humanity has ever built. Do the challenges that come ...
    - 4 Days Ago
  • Orders, replenishes, and merchandises produce and participates in regional programs for purchasing and promotions. Monitors inventory control and replenish...
    - 5 Days Ago

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 compensation opportunity for a Vendor Managed Inventory Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
92784
124404
105627

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
100529
138520
116245
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Vendor Managed Inventory Manager in Florence, SC. The base salary for Vendor Managed Inventory Manager ranges from $92,784 to $124,404 with the average base salary of $105,627. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $100,529 to $138,520 with the average total cash compensation of $116,245.
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For a real-time salary target, tell us more about your role in the four categories below.

92784
124404

 

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How much should you be paid?

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 Manager Salary in popular cities: ColumbiaCharlestonNorth Charleston

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

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