How much does a Vendor Managed Inventory Manager make in Chicago, IL? The average Vendor Managed Inventory Manager salary in Chicago, IL is $115,937 as of December 27, 2022, but the range typically falls between $101,731 and $138,006. 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.
About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More
Chicago, Illinois area prices were up 0.8% from a year ago View the Cost of Living in Chicago, Illinois
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. (Copyright 2023 Salary.com)
Take just three simple steps below to generate your own personalized salary report.
Includes base and annual incentives
3 - 5 years experience
5 + years experience
Salary.com's CompAnalyst platform offers: