Average Salary
$51,461
Average Salary
Job Growth Rate
-6%
Job Growth Rate
Job Openings
19,338
Job Openings

Inventory/Purchasing Manager Careers

There is more than meets the eye when it comes to being an inventory/purchasing manager. For example, did you know that they make an average of $24.74 an hour? That's $51,461 a year!

Between 2018 and 2028, the career is expected to grow -6% and produce -29,200 job opportunities across the U.S.

What Does an Inventory/Purchasing Manager Do

There are certain skills that many inventory/purchasing managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, decisionmaking skills and negotiating skills.

When it comes to the most important skills required to be an inventory/purchasing manager, we found that a lot of resumes listed 16.7% of inventory/purchasing managers included purchase orders, while 10.5% of resumes included vendor relationships, and 9.4% of resumes included procedures. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the inventory/purchasing manager job title. But what industry to start with? Most inventory/purchasing managers actually find jobs in the manufacturing and retail industries.

How To Become an Inventory/Purchasing Manager

If you're interested in becoming an inventory/purchasing manager, one of the first things to consider is how much education you need. We've determined that 56.2% of inventory/purchasing managers have a bachelor's degree. In terms of higher education levels, we found that 6.3% of inventory/purchasing managers have master's degrees. Even though most inventory/purchasing managers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become an inventory/purchasing manager. When we researched the most common majors for an inventory/purchasing manager, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on inventory/purchasing manager resumes include high school diploma degrees or master's degree degrees.

You may find that experience in other jobs will help you become an inventory/purchasing manager. In fact, many inventory/purchasing manager jobs require experience in a role such as purchasing manager. Meanwhile, many inventory/purchasing managers also have previous career experience in roles such as buyer or purchasing agent.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

Average Salary
$51,461
Average Salary
Job Growth Rate
-6%
Job Growth Rate
Job Openings
19,338
Job Openings

Inventory/Purchasing Manager Career Paths

Top Careers Before Inventory/Purchasing Manager

Buyer
10.9 %

Top Careers After Inventory/Purchasing Manager

Buyer
12.6 %

Inventory/Purchasing Manager Jobs You Might Like

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for an Inventory/Purchasing Manager

Inventory/Purchasing Managers in America make an average salary of $51,461 per year or $25 per hour. The top 10 percent makes over $80,000 per year, while the bottom 10 percent under $32,000 per year.
Average Salary
$51,461
Find Your Salary Estimate
How much should you be earning as an Architect? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.

Recently Added Salaries

CompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Inventory/Purchasing Manager
84 Lumber
07/02/2021
$52,00007/02/2021
Inventory, Fleet and Purchasing Manager
Aqueduct Services Plumbing
05/23/2021
$65,00005/23/2021
Inventory, Fleet and Purchasing Manager
Aqueduct Services Plumbing
01/16/2021
$65,00001/16/2021
Purchasing/Inventory Manager
Randstad
12/23/2020
$56,00012/23/2020
Warehouse Purchasing Inventory Manager
Randstad
12/15/2020
$50,00012/15/2020

Calculate your salary

Use Zippia's Salary Calculator to see how your pay matches up.

Inventory/Purchasing Manager Demographics

Gender

male

61.7 %

female

33.3 %

unknown

5.0 %

Ethnicity

White

71.7 %

Hispanic or Latino

10.5 %

Black or African American

8.8 %

Foreign Languages Spoken

Spanish

44.4 %

Chinese

11.1 %

French

8.9 %
Show More Inventory/Purchasing Manager Demographics

Inventory/Purchasing Manager Education

Majors

Business
47.3 %

Degrees

Bachelors

56.2 %

Associate

20.5 %

High School Diploma

10.6 %

Top Colleges for Inventory/Purchasing Managers

1. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Maine Maritime Academy

Castine, ME • Private

In-State Tuition
$13,478
Enrollment
979

5. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

6. California State University - Bakersfield

Bakersfield, CA • Private

In-State Tuition
$7,309
Enrollment
9,142

7. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

8. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

9. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

10. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177
Show More Inventory/Purchasing Manager Education Requirements

Online Courses For Inventory/Purchasing Manager That You May Like

SAP Materials Management (MM) Super User Training
udemy
4.2
(475)

Complete Beginner and Intermediate Purchasing & Inventory Management Training - Perform all the task in SAP in no time...

PHP for Beginners to Inventory POS Sales Project - AdminLTE
udemy
4.1
(285)

Create Inventory POS System Project With Billing by use of Bootstrap Responsive AdminLTE Dashboard With PHP PHP7 MYSQL...

RPG Inventory Systems Asset Pack: Behind The Scenes
udemy
4.3
(494)

Review and integrate an RPG-Style Inventory System. All Code Base Provided As A Flexible Asset Pack...

See more
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For an Inventory/Purchasing Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 16.7% of inventory/purchasing managers listed purchase orders on their resume, but soft skills such as analytical skills and decisionmaking skills are important as well.

How Do Inventory/Purchasing Manager Rate Their Jobs?

Working as an Inventory/Purchasing Manager? Share your experience anonymously.
Rate
Do you work as an Inventory/Purchasing Manager?
Rate how you like work as Inventory/Purchasing Manager. It's anonymous and will only take a minute.
Rate

Top Inventory/Purchasing Manager Employers

1. The Home Depot
4.8
Avg. Salary: 
$99,502
Inventory/Purchasing Managers Hired: 
6+
2. United Rentals
4.4
Avg. Salary: 
$44,726
Inventory/Purchasing Managers Hired: 
4+
3. Doernbecher Children's Hosp
4.5
Avg. Salary: 
$47,399
Inventory/Purchasing Managers Hired: 
4+
4. Advanced Systems Design
4.0
Avg. Salary: 
$75,754
Inventory/Purchasing Managers Hired: 
3+
5. MASTER SYSTEMS
3.9
Avg. Salary: 
$49,835
Inventory/Purchasing Managers Hired: 
3+
6. United States Navy
3.7
Avg. Salary: 
$45,972
Inventory/Purchasing Managers Hired: 
3+

Inventory/Purchasing Manager Videos

Updated August 18, 2021