Vendor Managed Inventory Specialist Salary in the United States

Vendor Managed Inventory Manager - Average Salary $119,676

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.

Vendor Managed Inventory Director - Average Salary $154,979

Vendor Managed Inventory Director directs operations to manage and maintain 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 Director 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 Director 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 senior management. The Vendor Managed Inventory Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Vendor Managed Inventory Director typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.

Vendor Managed Inventory Supervisor - Average Salary $97,359

Vendor Managed Inventory Supervisor supervises teams and operations that manage and maintain 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 Supervisor 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 Supervisor expedites and resolves any shipping, delivery, ordering or system issues impacting expected inventory replenishment targets. Typically requires a bachelor's degree. Typically reports to a head of a unit/department. The Vendor Managed Inventory Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Vendor Managed Inventory Supervisor typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.

Vendor Managed Inventory Analyst I - Average Salary $61,840

Vendor Managed Inventory Analyst I 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 Analyst I 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 Analyst I 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 manager or head of a unit/department. The Vendor Managed Inventory Analyst I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Vendor Managed Inventory Analyst I typically requires 0-2 years of related experience.

Vendor Managed Inventory Analyst II - Average Salary $73,862

Vendor Managed Inventory Analyst II 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 Analyst II 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 Analyst II 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 manager or head of a unit/department. The Vendor Managed Inventory Analyst II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Vendor Managed Inventory Analyst II typically requires 2-4 years of related experience.