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Purchasing Inventory Manager Jobs in Hopkins, MN

Manage inventory levels and purchasing across assigned categories. * Monitor stock levels and ... ensure proper replenishment. * Track costs and maintain accurate product and pricing data.

Purchasing Coordinator

Hopkins, MN · On-site

$51K - $54K/yr

Manage inventory levels and purchasing across assigned categories. * Monitor stock levels and ... ensure proper replenishment. * Track costs and maintain accurate product and pricing data.

Be Seen First

What You'll Do This role sits at the intersection of purchasing, inventory planning, and supplier management. You'll be responsible for ensuring we have the right products, from the right suppliers ...

Purchasing Coordinator

Lakeville, MN

$21.75 - $29.25/hr

Manage the full procurement cycle for raw materials, hardware, and specialized manufacturing ... Maintain accurate purchasing, inventory, and supplier data within ERP systems. * Investigate and ...

This also includes specific vendor management and inventory management along with supporting ... Place purchase order to vendors to meet branch need * Work with Regional Parts Managers and Branch ...

Junior Buyer

Eden Prairie, MN · On-site

$55K - $70K/yr

... inventory management, and supply chain operations to ensure uninterrupted production and business continuity. This position executes purchasing activities, supports material planning, inventory ...

Junior Buyer

Eden Prairie, MN · On-site

$55K - $70K/yr

... inventory management, and supply chain operations to ensure uninterrupted production and business continuity. This position executes purchasing activities, supports material planning, inventory ...

REGIONAL PURCHASING MANAGER

Eagan, MN · On-site

$70K - $80K/yr

This also includes specific vendor management and inventory management along with supporting ... Place purchase order to vendors to meet branch need * Work with Regional Parts Managers and Branch ...

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Purchasing Inventory Manager information

See Hopkins, MN salary details

$41.1K

$85.5K

$129.4K

How much do purchasing inventory manager jobs pay per year?

As of Jun 14, 2026, the average yearly pay for purchasing inventory manager in Hopkins, MN is $85,462.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,000.00 and $101,500.00 per year, depending on experience, location, and employer.

What are the 4 types of inventory management?

The four main types of inventory management are just-in-time (JIT), economic order quantity (EOQ), ABC analysis, and perpetual inventory systems. These methods help purchasing inventory managers optimize stock levels, reduce costs, and improve supply chain efficiency by tracking inventory in real-time or categorizing items based on value and usage. Choosing the right approach depends on the company's size, industry, and inventory complexity.

How much do purchasing managers make in the US?

Purchasing managers in the US typically earn a median annual salary of around $125,000, with salaries ranging from approximately $70,000 to over $200,000 depending on experience, industry, and location. They often require strong negotiation skills and knowledge of supply chain management tools.

What are some common challenges Purchasing Inventory Managers face when balancing stock levels and budget constraints?

Purchasing Inventory Managers often need to maintain optimal inventory levels to meet demand without overstocking, which can tie up capital and increase holding costs. A key challenge is accurately forecasting demand and adjusting orders accordingly, especially when market trends or supplier lead times shift unexpectedly. The role requires close collaboration with suppliers, sales teams, and finance to ensure inventory targets align with both operational needs and budget limitations, making effective communication and adaptability essential for success.

What does a purchasing inventory manager do?

A purchasing inventory manager oversees the procurement of goods and materials, manages inventory levels, and ensures timely stock replenishment to meet company needs. They analyze supplier options, negotiate contracts, and use inventory management software to optimize stock control and reduce costs.

What is the difference between Purchasing Inventory Manager vs Purchasing Coordinator?

AspectPurchasing Inventory ManagerPurchasing Coordinator
CredentialsTypically requires a bachelor's degree in supply chain, business, or related field; certifications like CPSM are commonOften requires a high school diploma or associate degree; some roles prefer certifications like CPSM or APICS
Work EnvironmentSupervises inventory and purchasing teams, manages procurement strategies, and oversees stock levelsSupports purchasing activities, coordinates orders, and communicates with suppliers and internal teams
Industry UsageUsed across manufacturing, retail, and logistics industriesCommon in retail, healthcare, and manufacturing sectors

The Purchasing Inventory Manager focuses on strategic procurement, inventory control, and team management, while the Purchasing Coordinator handles day-to-day order processing and supplier communication. Both roles are essential in supply chain operations but differ in scope and responsibilities.

What are the key skills and qualifications needed to thrive as a Purchasing Inventory Manager, and why are they important?

To thrive as a Purchasing Inventory Manager, you need expertise in supply chain management, inventory control, and procurement processes, often supported by a relevant bachelor’s degree. Familiarity with enterprise resource planning (ERP) systems like SAP or Oracle, as well as certifications such as Certified Supply Chain Professional (CSCP), is highly beneficial. Strong negotiation skills, attention to detail, and effective communication set top performers apart in this role. These skills ensure cost-effective purchasing, optimal inventory levels, and smooth operations across the organization.

What is the highest paid job in supply chain?

In the supply chain field, senior roles such as Supply Chain Director or Vice President of Supply Chain typically have the highest salaries, often exceeding $150,000 annually. These positions require extensive experience, strategic planning skills, and often involve overseeing multiple departments or global operations.
What job categories do people searching Purchasing Inventory Manager jobs in Hopkins, MN look for? The top searched job categories for Purchasing Inventory Manager jobs in Hopkins, MN are:
What cities near Hopkins, MN are hiring for Purchasing Inventory Manager jobs? Cities near Hopkins, MN with the most Purchasing Inventory Manager job openings:

Mgr Procurement & Inventory

SCN Worldwide, LLC

Saint Paul, MN • On-site

$70K - $85K/yr

Full-time

Posted 11 days ago


Job description

About the Company

Scantron is a trusted leader in assessment and data management solutions, empowering educational institutions and organizations to make data-driven decisions that improve outcomes. With decades of experience in testing, surveys, and analytics, we're committed to innovation that serves our customers and their communities.

Job Summary

A Manager of Procurement and Inventory (also called Procurement and Inventory Manager, Purchasing and Inventory Control Manager, or similar titles) oversees the end-to-end process of sourcing, acquiring, storing, tracking, and managing goods/materials to support business operations. This role combines strategic procurement with hands-on inventory control to ensure cost efficiency, supply reliability, minimal stockouts/overstock, and accurate records. Reports To: Vice President, Operations

Location: In office, not hybrid.

Key Responsibilities

· Develop and implement procurement strategies to source goods, services, and materials at the best quality, price, and terms.

· Identify, evaluate, and select suppliers/vendors; negotiate contracts, pricing, lead times, and long-term supply agreements.

· Manage supplier relationships as the primary point of contact, ensuring compliance, performance, and risk mitigation.

· Forecast inventory needs based on demand patterns, sales data, production schedules, and business goals.

· Oversee inventory levels, including monitoring stock, setting reorder points, preventing shortages or excess inventory, and optimizing stock turnover.

· Manage purchase orders: create, track, approve, and reconcile them with receipts and invoices.

· Coordinate receiving, warehousing, storage, and distribution of goods to maintain accurate physical and system inventory.

· Conduct regular cycle counts, physical inventories, audits, and discrepancy resolution to ensure data accuracy.

· Analyze inventory and procurement data; generate reports on KPIs (e.g., cost

savings, stock levels, supplier performance, turnover rates).

· Collaborate with departments like finance, operations, engineering, sales, and planning to align procurement/inventory with overall needs.

· Implement and improve processes, documentation, and ERP/inventory management systems for efficiency.

· Ensure compliance with company policies, industry regulations, and ethical standards in sourcing and inventory handling.

· Lead or supervise procurement/inventory team members, including training, scheduling, and performance management.

Required Skills and Qualifications

· Several years of experience in procurement, purchasing, inventory management, or supply chain roles (often 5+ years, with supervisory experience).

· Strong negotiation, analytical, and problem-solving skills.

· Proficiency in ERP systems (e.g., SAP, Oracle, NetSuite), inventory software, and Microsoft Office/Excel.

· Knowledge of supply chain best practices, inventory control methods (e.g., EOQ, ABC analysis), and forecasting techniques.

· Excellent communication, vendor management, and leadership abilities.

· Attention to detail, with the ability to handle data-driven decisions and multitasking in a fast-paced environment.

Salary Range:

· This position’s anticipated base salary range is $70,000 – $85,000 annually. Offer will be determined based on the selected candidate’s experience, knowledge, skills, and abilities.