How much does a Supplier Inventory Manager make in Chicago, IL? The average Supplier Inventory Manager salary in Chicago, IL is $118,266 as of January 26, 2023, but the range typically falls between $101,498 and $138,640. 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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Manages coordination of the flow of products manufactured by third parties to customers and develop enhancements to the optimization of supply chain operations. Monitors and analyzes key metrics including inventories, delivery time, lead times, and order cycles. Evaluates product forecasts, sales force forecasts, competitive information, and market conditions. Identifies trends, issues and opportunities for process improvements and efficiencies. 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. (Copyright 2023 Salary.com)
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Includes base and annual incentives
4 - 7 years experience
5 + years experience
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