Merchandise Planning Manager Salary in the United States

How much does a Merchandise Planning Manager make in the United States? The average Merchandise Planning Manager salary in the United States is $120,981 as of May 01, 2023, but the range typically falls between $106,335 and $140,210. 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, helps you determine your exact pay target.  View the Cost of Living in Major Cities

Job Description

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. Incorporates financial reporting and budget requirements into merchandise plans and recommendations. Typically 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

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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Merchandise Planning Manager in the United States. The base salary for Merchandise Planning Manager ranges from $106,335 to $140,210 with the average base salary of $120,981. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $110,890 to $156,435 with the average total cash compensation of $127,620.
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Career Path for this job

  1. Down a level:

    Merchandise Planner, Sr.

    4 - 7 years experience
    Bachelor's Degree

  2. This Job:

    Merchandise Planning Manager

    5 + years experience
    Bachelor's Degree

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