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Purchasing and Inventory Average Salaries in Germany 2020

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


Average Monthly Salary
11,300 EUR
( 135,000 EUR yearly)

LOW
6,280
EUR
AVERAGE
11,300
EUR
HIGH
18,400
EUR

A person working in Purchasing and Inventory in Germany typically earns around 11,300 EUR per month. Salaries range from 6,280 EUR (lowest average) to 18,400 EUR (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Purchasing and Inventory careers. 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 Associate9,610 EUR
Asset Protection Associate9,560 EUR
Asset Protection Specialist11,000 EUR
Assistant Buyer8,870 EUR
Buyer11,200 EUR
Capacity Planner11,900 EUR
Category Manager11,500 EUR
Channel Services Representative10,300 EUR
Contracts Manager12,000 EUR
Contracts Specialist11,200 EUR
Demand Planner9,520 EUR
Demand Planning Manager12,600 EUR
Distribution Assistant8,940 EUR
Distribution Manager15,100 EUR
Inventory Control Clerk7,390 EUR
Inventory Control Manager12,900 EUR
Inventory Management Associate9,990 EUR
Inventory Specialist10,700 EUR
Logistics Engineer9,270 EUR
Master Planner9,560 EUR
Material Handler7,480 EUR
Material Planning Specialist8,780 EUR
Merchandise Manager12,100 EUR
Procurement Administrator11,600 EUR
Procurement Agent11,700 EUR
Procurement Analyst11,300 EUR
Procurement Clerk8,490 EUR
Procurement Engineer10,200 EUR
Production Planner9,140 EUR
Project Buyer9,880 EUR
Purchaser10,000 EUR
Purchasing Assistant8,580 EUR
Purchasing Manager17,200 EUR
Purchasing Supervisor12,800 EUR
Shipping and Receiving Clerk7,330 EUR
Shipping Coordinator9,810 EUR
Stock Clerk7,520 EUR
Stock Regulator8,370 EUR
Storage Manager12,700 EUR
Store Keeper8,530 EUR
Stores and Logistics Coordinator10,300 EUR
Supply Chain Analyst12,900 EUR
Supply Chain Coordinator10,400 EUR
Supply Chain Development Manager13,500 EUR
Supply Chain Manager15,800 EUR
Supply Planner10,300 EUR
Warehouse Assistant6,290 EUR
Warehouse Clerk6,050 EUR
Warehouse Executive13,500 EUR
Warehouse Lead11,900 EUR
Warehouse Manager13,600 EUR
Warehouse Supervisor12,400 EUR
Wholesale Buyer10,700 EUR

Purchasing and Inventory Jobs Salary Distribution in Germany

Median and salary distribution monthly Germany Purchasing and Inventory
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The median, the maximum, the minimum, and the range

  • Salary Range

    Purchasing and Inventory salaries in Germany range from 6,280 EUR per month (minimum average salary) to 18,400 EUR per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 12,200 EUR per month, which means that half (50%) of people working in Purchasing and Inventory are earning less than 12,200 EUR while the other half are earning more than 12,200 EUR. 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.

  • Percentiles

    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 8,310 EUR while 75% of them are earning more than 8,310 EUR. Also from the diagram, 75% of people working in Purchasing and Inventory are earning less than 16,500 EUR while 25% are earning more than 16,500 EUR.


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

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 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

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 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.


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.

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.

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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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 degrees levels across many jobs, below are our findings.


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.

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 cerificate 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 Germany costs anywhere from 59,400 Euro(s) to 178,000 Euro(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you 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 into 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 your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Purchasing and Inventory Salary Comparison By Gender

Salary comparison by gender monthly Germany Purchasing and Inventory
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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? Male employees earn 7% more than their female counterparts.

Female
10,900 EUR
Male+7%
11,700 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Germany for all Careers

Salary comparison by gender monthly Germany
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Purchasing and Inventory Average Annual Salary Increment Percentage in Germany

How much are annual salary increments in Germany for Purchasing and Inventory professionals? How often do employees get salary raises?

Purchasing and Inventory

Purchasing and Inventory professionals in Germany are likely to observe a salary increase of approximately 8% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate Germany 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.

Germany / All Professions

Annual Salary Increment Rate Germany
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The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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 Germany is 6%.

Annual Increment Rate By Industry 2019

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Listed above are the average annual increase rates for each industry in Germany for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Purchasing and Inventory Bonus and Incentive Rates in Germany

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Germany Purchasing and Inventory
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Purchasing and Inventory is considered to be a moderate bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Germany
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Where can you get paid more, working for a private company or for the government? Public sector employees in Germany earn 5% more than their private sector counterparts.

Private Sector
11,600 EUR
Public Sector+5%
12,100 EUR
Percentage increase and decrease are relative to the previous value

Purchasing and Inventory Salary Forecast and Trend in Germany

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 Germany Purchasing and Inventory
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Average Salary 2016
9,750 EUR
Average Salary 2017+4%
10,100 EUR
Average Salary 2018+4%
10,500 EUR
Average Salary 2019+4%
10,900 EUR
Percentage increase and decrease are relative to the previous value

Purchasing and Inventory salaries in Germany are rising in the year 2020 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 continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Purchasing and Inventory Hourly Average Wage in Germany


65 EUR per hour

The average hourly wage (pay per hour) in Germany is 65 EUR. This means that the average person in Germany earns approximately 65 EUR for every worked hour.


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

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 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 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.

Purchasing and Inventory VS Other Jobs

Salary Comparison Between Purchasing and Inventory and Purchasing and Inventory monthly Germany
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The average salary for Purchasing and Inventory is 5% less than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Berlin12,800 EUR
Bremen11,100 EUR
Dortmund10,900 EUR
Dresden10,500 EUR
Dusseldorf11,800 EUR
Essen11,300 EUR
Frankfurt12,000 EUR
Hamburg12,600 EUR
Hannover10,200 EUR
Koln12,200 EUR
Leipzig10,700 EUR
Munchen12,400 EUR
Nurnberg10,000 EUR
Stuttgart11,600 EUR
4574 - 64

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