Merchandise Procurement Coordinator Salary in Idaho
Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
Annual and Hourly Merchandise Procurement Coordinator undefined, Idaho Salary Table:
Percentile | Annual Salary | Hourly Wage |
---|---|---|
10th | $34,760 | $16.71 |
25th | $46,460 | $22.34 |
Median | $59,260 | $28.49 |
75th | $80,430 | $38.67 |
90th | $100,530 | $48.33 |
Best Schools to become a Merchandise Procurement Coordinator in Idaho 2024
College of Southern Idaho
Browse Merchandise Procurement Coordinator Salaries by the Top Cities in Idaho
Merchandise Procurement Coordinator Salary in Idaho FAQs
What qualifications are typically required for a Merchandise Procurement Coordinator in Idaho?
To become a Merchandise Procurement Coordinator, you usually need a bachelor's degree in a related field such as business administration, supply chain management, or merchandising. Relevant experience in procurement, inventory management, or retail can also strengthen your candidacy. Certifications in procurement or supply chain management may enhance your qualifications as well.What skills are essential for success in this role?
A Merchandise Procurement Coordinator should possess strong analytical skills to assess market trends and supplier offerings. Excellent negotiation abilities are important for securing favorable terms and prices. Communication skills are crucial for collaboration with vendors and internal teams. Additionally, proficiency in inventory management software and Microsoft Excel can be beneficial for managing procurement processes efficiently.How does experience level impact salary for this position in Idaho?
Typically, the level of experience significantly affects salary. Entry-level positions may start at lower compensation rates, while candidates with several years of experience and a solid track record can command higher salaries. Professionals who advance to senior or managerial roles in procurement may see even greater salary growth over time.Are there opportunities for advancement in this career field?
Yes, there are numerous opportunities for advancement within the merchandise procurement field. Many professionals start as Merchandise Procurement Coordinators and can progress to positions such as Procurement Manager, Supply Chain Director, or even Chief Procurement Officer with additional experience and skills development.How does the industry impact salary potential for Merchandise Procurement Coordinators in Idaho?
The industry can significantly influence salary ranges. Sectors such as retail, manufacturing, and e-commerce often have varying budget structures and compensation packages. For instance, procurement coordinators in sectors with high inventory turnover may earn more due to the high demand for efficient supply chain management.What benefits are commonly offered to Merchandise Procurement Coordinators?
Aside from salary, many employers in Idaho offer benefits such as health insurance, retirement plans, paid time off, and opportunities for professional development. Some companies may also provide bonuses or incentives based on performance, adding to the overall compensation package.How does location within Idaho affect salary for this role?
Within Idaho, salary levels can vary based on geographic location. Urban areas, such as Boise, may offer higher salaries due to a greater cost of living and competition for skilled professionals. In contrast, rural areas may offer lower salaries but could also provide a lower cost of living.What are the current trends in the merchandise procurement field that may affect salaries?
Current trends such as digital transformation, sustainability initiatives, and global supply chain challenges can influence salaries. Companies prioritizing innovative procurement practices and sustainability may seek experienced coordinators who can navigate these complexities, potentially leading to increased salary demands.Is continuing education important for career growth as a Merchandise Procurement Coordinator?
Yes, pursuing continuing education can be very beneficial for career advancement. Engaging in workshops, certifications, and relevant coursework can enhance your skills and knowledge, making you a more competitive candidate for promotions and higher-level positions within the field.