Merchandise Procurement Coordinator Salary in Vermont
Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
Annual and Hourly Merchandise Procurement Coordinator undefined, Vermont Salary Table:
Percentile | Annual Salary | Hourly Wage |
---|---|---|
10th | $40,560 | $19.5 |
25th | $47,300 | $22.74 |
Median | $58,700 | $28.22 |
75th | $71,410 | $34.33 |
90th | $89,710 | $43.13 |
Best Schools to become a Merchandise Procurement Coordinator in Vermont 2024
Marist College
Southern New Hampshire University
Johnson & Wales University-Providence
Johnson & Wales University-Online
Lasell University
Cazenovia College
Browse Merchandise Procurement Coordinator Salaries by the Top Cities in Vermont
Merchandise Procurement Coordinator Salary in Vermont FAQs
What education is typically required for a Merchandise Procurement Coordinator in Vermont?
Most positions require at least a bachelor's degree in supply chain management, business administration, or a related field. Some employers may prefer candidates with relevant experience or certifications in procurement or inventory management.What skills are essential for a Merchandise Procurement Coordinator?
Key skills include strong analytical abilities, negotiation skills, attention to detail, and proficiency in inventory management software. Effective communication and teamwork are also crucial, as you will often liaise with various departments and external vendors.How does experience impact salary for Merchandise Procurement Coordinators?
Experience plays a significant role in determining salary. Generally, those with more years in procurement or supply chain roles may command higher pay due to their expertise and proven track record in managing vendor relationships and optimizing procurement processes.Are there opportunities for advancement in this career?
Yes, there are several paths for advancement. With experience, you may progress to roles such as Senior Procurement Manager, Procurement Director, or even Chief Supply Chain Officer, depending on your organization's structure and size.How does the cost of living in Vermont affect salaries for Merchandise Procurement Coordinators?
Salaries in Vermont may be influenced by the state's cost of living. Comparatively lower living costs in some areas of Vermont can lead to different salary expectations; however, it's essential to evaluate salaries alongside local housing, transportation, and other living expenses.What certifications are beneficial for someone in this role?
Certifications such as Certified Supply Chain Professional (CSCP), Certified Purchasing Professional (CPP), or Certified Professional in Supply Management (CPSM) can enhance your credentials and may positively influence hiring decisions and salary negotiations.What are the primary responsibilities of a Merchandise Procurement Coordinator?
Your responsibilities generally include managing vendor relationships, negotiating contracts, forecasting inventory needs, monitoring supply trends, and ensuring that procurement processes align with organizational goals and budgetary constraints.What job outlook can be expected for Merchandise Procurement Coordinators?
The job outlook for this role is generally positive, as organizations continue to recognize the importance of effective supply chain management. Growth in e-commerce and globalization also contributes to an increasing demand for skilled procurement professionals.How can I improve my salary prospects in this field?
Improving your salary prospects may involve gaining additional experience, pursuing relevant certifications, networking within the industry, and staying updated on market trends and procurement technologies which can add value to your skill set.Are there specific industries in Vermont that employ Merchandise Procurement Coordinators more than others?
Yes, various industries such as retail, manufacturing, and food services tend to have a higher demand for Merchandise Procurement Coordinators. Companies in these sectors often require skilled professionals to manage their supply chains efficiently.