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Purchasing and Inventory Average Salaries in Minnesota 2019

How much money does a person working in Purchasing and Inventory make in Minnesota?

6,894 USD per month
Average Monthly Salary
A person working in Purchasing and Inventory in Minnesota typically earns around 6,894 USD per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different Purchasing and Inventory jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Asset Management Associate5,768 USD
Asset Protection Associate5,790 USD
Asset Protection Specialist6,695 USD
Assistant Buyer5,328 USD
Buyer6,719 USD
Capacity Planner7,179 USD
Category Manager7,053 USD
Channel Services Representative6,309 USD
Contracts Manager7,477 USD
Contracts Specialist6,848 USD
Demand Planner5,865 USD
Demand Planning Manager7,468 USD
Distribution Assistant5,570 USD
Distribution Manager9,270 USD
Inventory Control Clerk4,589 USD
Inventory Control Manager7,318 USD
Inventory Management Associate6,479 USD
Inventory Specialist6,327 USD
Logistics Engineer5,468 USD
Master Planner6,012 USD
Material Handler4,378 USD
Material Planning Specialist5,183 USD
Merchandise Manager6,982 USD
Procurement Administrator7,514 USD
Procurement Agent6,813 USD
Procurement Analyst7,354 USD
Procurement Clerk5,393 USD
Procurement Engineer5,768 USD
Production Planner5,747 USD
Project Buyer5,948 USD
Purchaser6,128 USD
Purchasing Assistant4,944 USD
Purchasing Manager9,824 USD
Purchasing Supervisor7,629 USD
Shipping and Receiving Clerk4,496 USD
Shipping Coordinator5,662 USD
Stock Clerk4,553 USD
Stock Regulator5,267 USD
Storage Manager7,477 USD
Store Keeper5,535 USD
Stores and Logistics Coordinator6,225 USD
Supply Chain Analyst7,477 USD
Supply Chain Coordinator6,719 USD
Supply Chain Development Manager8,496 USD
Supply Chain Manager10,344 USD
Supply Planner6,248 USD
Warehouse Assistant3,801 USD
Warehouse Clerk3,928 USD
Warehouse Executive8,229 USD
Warehouse Lead7,692 USD
Warehouse Manager8,244 USD
Warehouse Supervisor7,477 USD
Wholesale Buyer6,161 USD

Purchasing and Inventory Jobs Salary Distribution in Minnesota

Median and salary distribution monthly Minnesota Purchasing and Inventory

Abount These Figures: Salary Range, Median and Percentiles

The Purchasing and Inventory salaries in Minnesota range between 3,838 USD per month (minimum salary) to 11,248 USD per month (maximum salary).

The median salary is 7,170 USD per month, which means that half (50%) of people working in Purchasing and Inventory are earning less than 7,170 USD while the other half are earning more than 7,170 USD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Purchasing and Inventory are earning less than 4,954 USD while 75% of them are earning more than 4,954 USD. Also from the diagram, 75% of people working in Purchasing and Inventory are earning less than 9,946 USD while 25% are earning more than 9,946 USD.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Purchasing and Inventory Salary Forecast and Trend in Minnesota

How do Purchasing and Inventory salaries change over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Minnesota Purchasing and Inventory
Average Salary 2016    =  
6,182 USD
Average Salary 2017    +4%  
6,411 USD
Average Salary 2018    +4%  
6,648 USD
Average Salary 2019    +4%  
6,894 USD
Percentage increase and decrease are relative to the previous value
Purchasing and Inventory salaries in Minnesota are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.

Purchasing and Inventory Hourly Average Wage in Minnesota

40 USD per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Minnesota for Purchasing and Inventory is 40 USD. This means that the average person in Minnesota earns approximatly 40 USD for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Purchasing and Inventory VS Other Jobs

Salary Comparison Between Purchasing and Inventory and Purchasing and Inventory monthly MinnesotaWe compared Minnesota salaries for Purchasing and Inventory and All Jobs and we found that Purchasing and Inventory salaries are 5% less than those of All Jobs.

Minnesota VS United States

Salary Comparison Between Minnesota and United States monthly Purchasing and InventoryWe compared Purchasing and Inventory salaries in Minnesota and United States and we found that Minnesota salaries are 9% more than those of United States.

Salary Comparison By City

CityAverage Salary
Minneapolis5,605 USD
3417 - 2
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