How Much Does a Sourcing Merchandise Manager make?
Sourcing Merchandise Manager made a median salary around $120,298 in December, 2024.
The best-paid 25 percent made $137,858 probably that year, while the lowest-paid 25 percent made around $105,166.
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.
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Best-Paying Cities for Sourcing Merchandise Manager
The metropolitan areas that pay the highest salary in the Sourcing Merchandise Manager profession are Scottdale
, Smyrna, Tucker, Atlanta, Avondale Estates.
Best-Paying States for Sourcing Merchandise Manager
The states and districts that pay Sourcing Merchandise Manager the highest salary are District of Columbia (around $144,748)
, California (around $143,447), New Jersey (around $142,537), Alaska (around $141,627), and Massachusetts (around $141,497).
Frequently Asked Questions for Sourcing Merchandise Manager
Q:What is the salary range of Sourcing Merchandise Manager in Augusta, GA?
A:In 2024
, the lowest-paid Sourcing Merchandise Manager in Augusta, GA earned an average annual salary of $105,166
, while the highest-paid made $137,858.
Q:What is the salary for a Sourcing Merchandise Manager in California?
A:Sourcing Merchandise Manager employed in California earned an average salary of $143,447 in 2024.
Average Sourcing Merchandise Manager Pay vs. Other Jobs
Merchandise Allocator allocates merchandise to stores according to warehouse and store inventory levels. Will assist stores with merchandise transfers to fulfill stock needs. Being a Merchandise Allocator may require a bachelor's degree. Typically reports to a supervisor or manager. To be a Merchandise Allocator typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work.
Merchandise Buyer selects merchandise for order, places order, and stays involved in inventory distribution. Reviews success of previous orders to determine extent to which inventory should be replenished. Being a Merchandise Buyer researches new trends or advances in product lines to make appropriate buying decisions. May require a bachelor's degree in area of specialty. Additionally, Merchandise Buyer typically reports to a supervisor or manager. To be a Merchandise Buyer typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature.
Merchandise Allocation Manager oversees the allocation of merchandise to stores to ensure sufficient inventory levels. Establishes stock monitoring plans and processes to support daily store merchandise replenishment demand. Being a Merchandise Allocation Manager resolves merchandise delivery or transfer issues to ensure required stock levels are maintained. May require a bachelor's degree. Additionally, Merchandise Allocation Manager typically reports to a director. The Merchandise Allocation 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 Merchandise Allocation 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.
Merchandise Planning Manager manages the planning and forecasting for future merchandise buys based on historical buys, reoccurring buys, and current inventory levels. Establishes systematic methods and tools to monitor stock-to-sale ratios and sales trend data to develop forecasts by product category, line, brand, and locations. Being a Merchandise Planning Manager incorporates financial reporting and budget requirements into merchandise plans and recommendations. Typically requires a bachelor's degree. Additionally, Merchandise Planning Manager typically reports to a director. The Merchandise Planning 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 Merchandise Planning 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.