How much money does a person working in Purchasing and Inventory make in Malaysia?
7,527 MYR per month
Average Monthly Salary
A person working in Purchasing and Inventory in Malaysia typically earns around 7,527 MYR 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
|Contract Specialist||9,417 MYR|
|Contracts Manager||20,833 MYR|
|Demand Planning Manager||37,000 MYR|
|Inventory Control Clerk||2,700 MYR|
|Inventory Control Manager||10,000 MYR|
|Procurement Analyst||2,900 MYR|
|Procurement Engineer||2,667 MYR|
|Purchasing Assistant||2,329 MYR|
|Purchasing Manager||9,149 MYR|
|Store Keeper||7,200 MYR|
|Supply Chain Coordinator||2,275 MYR|
|Supply Chain Manager||11,300 MYR|
|Warehouse Executive||3,000 MYR|
|Warehouse Manager||6,250 MYR|
|Warehouse Supervisor||7,283 MYR|
Purchasing and Inventory Jobs Salary Distribution in Malaysia
25% of people earn
50% of people earn
75% of people earn
Abount These Figures: Salary Range, Median and Percentiles
The Purchasing and Inventory salaries in Malaysia range between 1,000 MYR per month (minimum salary) to 70,000 MYR per month (maximum salary).
The median salary is 4,444 MYR per month, which means that half (50%) of people working in Purchasing and Inventory are earning less than 4,444 MYR while the other half are earning more than 4,444 MYR. 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 2,700 MYR while 75% of them are earning more than 2,700 MYR. Also from the diagram, 75% of people working in Purchasing and Inventory are earning less than 8,500 MYR while 25% are earning more than 8,500 MYR.
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 Malaysia
How do Purchasing and Inventory salaries change over time? Listed below is a chart that shows the average salary in recent years.
|Average Salary 2016|| = |
|Average Salary 2017|| +3% |
|Average Salary 2018|| +3% |
|Average Salary 2019|| +3% |
Percentage increase and decrease are relative to the previous value
Purchasing and Inventory salaries in Malaysia are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% 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 Malaysia
39 MYR per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Malaysia for Purchasing and Inventory is 39 MYR. This means that the average person in Malaysia earns approximatly 39 MYR 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.
Salary Comparison of Purchasing and Inventory Jobs in Malaysia
Purchasing and Inventory
We compared Malaysia salaries for Purchasing and Inventory and All Jobs and we found that Purchasing and Inventory salaries are 2% more than those of All Jobs.
Salary Comparison By City