How much does a Vice President Merchandise Planning & Allocation make in Illinois? The average Vice President Merchandise Planning & Allocation salary in Illinois is $294,820 as of March 26, 2024, but the range typically falls between $248,650 and $366,110. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Vice President Merchandise Planning & Allocation Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Vice President Merchandise Planning & Allocation Salary $206,615 IL March 26, 2024
25th Percentile Vice President Merchandise Planning & Allocation Salary $248,650 IL March 26, 2024
50th Percentile Vice President Merchandise Planning & Allocation Salary $294,820 IL March 26, 2024
75th Percentile Vice President Merchandise Planning & Allocation Salary $366,110 IL March 26, 2024
90th Percentile Vice President Merchandise Planning & Allocation Salary $431,016 IL March 26, 2024
25% $248,650 10% $206,615 90% $431,016 75% $366,110 $294,820 50%(Median) Didn’t find job title? Click
Change Search Criteria

Job Description

The Vice President Merchandise Planning & Allocation develops strategies and processes to maximize sales, turnover, and profitability. Oversees, plans, and directs all aspects of an organization's merchandise planning and inventory allocation policies, objectives, and initiatives. Being a Vice President Merchandise Planning & Allocation may advise buyers on optimizing purchase planning and stock ratios. Leads business review of the current season and adjusts future allocation and replenishment strategies accordingly. In addition, Vice President Merchandise Planning & Allocation requires a bachelor's degree. Typically reports to top management. The Vice President Merchandise Planning & Allocation manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. Working as a Vice President Merchandise Planning & Allocation typically requires 8+ years of managerial experience. (Copyright 2024 Salary.com)

Employers: Job Description Management Tool

Job Openings for Vice President Merchandise Planning & Allocation in Illinois

Career Path for this job

  1. Down a level:

    Merchandise Distribution and Allocation Manager

    5 + years experience
    Bachelor's Degree

  2. This Job:

    Vice President Merchandise Planning & Allocation


    Bachelor's Degree

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Select a city to view specific salary and bonus information for Vice President Merchandise Planning & Allocation

Loading results...
Location Avg. Salary Date Updated
Location Cicero, IL Avg. Salary $302,303 Date Updated March 26, 2024
Location Mount Prospect, IL Avg. Salary $301,151 Date Updated March 26, 2024
Location Abingdon, IL Avg. Salary $272,909 Date Updated March 26, 2024
Location Adair, IL Avg. Salary $275,502 Date Updated March 26, 2024
Location Addieville, IL Avg. Salary $279,825 Date Updated March 26, 2024
Location Addison, IL Avg. Salary $301,151 Date Updated March 26, 2024
Location Akin, IL Avg. Salary $271,468 Date Updated March 26, 2024
Location Albany, IL Avg. Salary $269,162 Date Updated March 26, 2024
Location Albers, IL Avg. Salary $279,825 Date Updated March 26, 2024
Location Albion, IL Avg. Salary $265,128 Date Updated March 26, 2024
lower level job