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Purchasing and Inventory Average Salaries in Canada 2024

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


Average Yearly Salary
119,000 CAD
( 9,900 CAD monthly)

LOW
42,700
CAD
AVERAGE
119,000
CAD
HIGH
222,000
CAD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Purchasing and Inventory in Canada typically earns around 119,000 CAD. Salaries range from 42,700 CAD (lowest average) to 222,000 CAD (highest average, actual maximum salary is higher).


Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Purchasing and Inventory domain in Canada exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.

Salaries for specific jobs

Job TitleAverage Salary
Purchasing and Inventory
Asset Management Associate106,000 CAD
Asset Protection Associate101,000 CAD
Asset Protection Specialist111,000 CAD
Assistant Buyer95,400 CAD
Buyer156,000 CAD
Capacity Planner117,000 CAD
Category Leader109,000 CAD
Category Management Specialist116,000 CAD
Category Manager124,000 CAD
Channel Services Representative114,000 CAD
Contracts Manager134,000 CAD
Contracts Specialist113,000 CAD
Demand Planner122,000 CAD
Demand Planning Manager140,000 CAD
Digital Procurement Manager130,000 CAD
Distribution Assistant98,800 CAD
Distribution Associate94,500 CAD
Distribution Manager203,000 CAD
E-Commerce Buyer112,000 CAD
E-procurement Specialist126,000 CAD
Freight and Customs Compliance Manager134,000 CAD
Green Procurement Specialist111,000 CAD
Inventory Analyst106,000 CAD
Inventory Analytics Manager101,000 CAD
Inventory Control Clerk57,700 CAD
Inventory Control Manager138,000 CAD
Inventory Management Associate116,000 CAD
Inventory Optimization Manager128,000 CAD
Inventory Specialist100,000 CAD
Logistics Automation Engineer115,000 CAD
Logistics Engineer101,000 CAD
Master Planner98,500 CAD
Material Handler63,500 CAD
Material Planning Specialist93,100 CAD
Merchandise Manager124,000 CAD
Procurement Administrator131,000 CAD
Procurement Agent84,100 CAD
Procurement Analyst141,000 CAD
Procurement Assistant79,000 CAD
Procurement Associate107,000 CAD
Procurement Clerk50,600 CAD
Procurement Engineer104,000 CAD
Procurement Manager222,000 CAD
Procurement Officer49,700 CAD
Procurement Process Analyst127,000 CAD
Procurement Risk Manager129,000 CAD
Procurement Specialist104,000 CAD
Procurement Technology Consultant123,000 CAD
Production Planner113,000 CAD
Project Buyer129,000 CAD
Purchaser166,000 CAD
Purchasing Agent93,400 CAD
Purchasing Assistant59,400 CAD
Purchasing Manager215,000 CAD
Purchasing Officer100,000 CAD
Purchasing Supervisor144,000 CAD
Shipping and Receiving Clerk54,000 CAD
Shipping Coordinator103,000 CAD
Stock Clerk54,900 CAD
Stock Regulator66,000 CAD
Storage Manager137,000 CAD
Store Keeper54,400 CAD
Stores and Logistics Coordinator108,000 CAD
Strategic Sourcing Analyst151,000 CAD
Supplier Diversity Program Manager140,000 CAD
Supplier Relationship Manager155,000 CAD
Supply Chain Analyst150,000 CAD
Supply Chain Coordinator117,000 CAD
Supply Chain Development Manager198,000 CAD
Supply Chain Director234,000 CAD
Supply Chain Manager226,000 CAD
Supply Planner102,000 CAD
Sustainability Procurement Specialist139,000 CAD
Sustainable Sourcing Specialist105,000 CAD
Sustainable Supply Chain Manager162,000 CAD
Third Party Logistics Manager170,000 CAD
Vendor Management Specialist143,000 CAD
Warehouse Assistant42,600 CAD
Warehouse Automation Engineer107,000 CAD
Warehouse Clerk45,400 CAD
Warehouse Executive184,000 CAD
Warehouse Lead126,000 CAD
Warehouse Manager188,000 CAD
Warehouse Supervisor126,000 CAD
Wholesale Buyer164,000 CAD


Purchasing and Inventory Jobs Pay Scale and Salaries in Canada

Median and salary distribution Canada Purchasing and Inventory yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
119,000 CAD or more
10% of people earn
100,000 to 119,000 CAD
20% of people earn
59,300 CAD or less
65% of people earn
59,300 to 100,000 CAD
Minimum Salary
42,700 CAD
Median
112,000 CAD
Maximum
222,000 CAD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Purchasing and Inventory in Canada range from 42,700 CAD (starting average salary) to 222,000 CAD (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.

  • Median Salary

    The median income in the field of Purchasing and Inventory is 112,000 CAD, implying that half of the workforce in Canada earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.

  • Percentiles and Salary Scale

    Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Purchasing and Inventory in Canada earn less than 85,500 CAD, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 134,000 CAD, while 25% earn more than that.

  • Pay Scale Structure

    Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Purchasing and Inventory in Canada. The analysis revealed that roughly 65% of all reported salaries fell within the range of 59,300 CAD to 100,000 CAD. Approximately 20% of salaries were below the 59,300 CAD mark, while 10% ranged from 100,000 CAD to 119,000 CAD. Only 5% of individuals earned a gross salary of 119,000 CAD or higher.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.

Generally speaking, employees in Purchasing and Inventory in Canada having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.


Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?

We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Purchasing and Inventory in Canada, below are our findings.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Canada costs anywhere from 50,000 CAD to 150,000 CAD and lasts approximately two years. That is quite an investment.

Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.



Salary and Compensation Comparison By Gender / Purchasing and Inventory / Canada

Salary comparison by gender Canada Purchasing and Inventory yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Purchasing and Inventory in Canada, the average difference between the salary of male and female employees is 5%.

Male
122,000 CAD
Female-5%
116,000 CAD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Canada for all Careers

Salary comparison by gender yearly Canada
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Average Annual Salary Increment Percentage / Purchasing and Inventory / Canada

How much are annual salary increments in Canada for individuals working in Purchasing and Inventory? How often do employees get salary raises?

Professionals working in Purchasing and Inventory in Canada are likely to observe a salary increase of approximately 9% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate Canada Purchasing and Inventory
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Canada / All Professions

Annual Salary Increment Rate Canada
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Canada is 7%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Purchasing and Inventory / Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada Purchasing and Inventory
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41% of surveyed staff in Purchasing and Inventory reported that they haven't received any bonuses or incentives in the previous year while 59% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
59%
No Bonus
41%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Hourly Average Wage / Purchasing and Inventory / Canada


57 CAD per hour

The average hourly wage (pay per hour) in Purchasing and Inventory in Canada is 57 CAD.This is the rate they get paid for every worked hour.


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

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed 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 the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working in Purchasing and Inventory in Canada is 21 CAD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Brampton122,000 CAD
Calgary125,000 CAD
Edmonton124,000 CAD
Gatineau114,000 CAD
Halifax116,000 CAD
Hamilton123,000 CAD
Kitchener120,000 CAD
Markham118,000 CAD
Mississauga126,000 CAD
Montreal134,000 CAD
Ottawa127,000 CAD
Quebec125,000 CAD
Regina113,000 CAD
Richmond107,000 CAD
Saskatoon114,000 CAD
Surrey117,000 CAD
Toronto133,000 CAD
Vancouver128,000 CAD
Vaughan116,000 CAD
Windsor115,000 CAD
Winnipeg124,000 CAD

Salary Comparison By State

StateAverage Salary
Alberta128,000 CAD
British Columbia130,000 CAD
Manitoba123,000 CAD
New Brunswick109,000 CAD
Newfoundland-Labrador107,000 CAD
Northwest Territories119,000 CAD
Nova Scotia112,000 CAD
Nunavut124,000 CAD
Ontario133,000 CAD
Prince Edward Island103,000 CAD
Quebec131,000 CAD
Saskatchewan115,000 CAD
Yukon106,000 CAD

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Canada is 4% on average across all career fields.

Private Sector
117,000 CAD
Public Sector+4%
122,000 CAD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Purchasing and Inventory in Canada?

A good and competitive compensation would range anywhere between 112,000 CAD and 134,000 CAD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for jobs in Purchasing and Inventory in Canada ranges from 42,700 CAD to 85,500 CAD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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