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Purchasing and Inventory Average Salaries in Milano 2024

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


Average Monthly Salary
4,200 EUR
( 50,400 EUR yearly)

LOW
1,510
EUR
AVERAGE
4,200
EUR
HIGH
7,860
EUR
All salary figures displayed here are per month 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 Milano typically earns around 4,200 EUR. Salaries range from 1,510 EUR (lowest average) to 7,860 EUR (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 Milano 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 Associate3,500 EUR
Asset Protection Associate3,450 EUR
Asset Protection Specialist3,930 EUR
Assistant Buyer3,150 EUR
Buyer5,630 EUR
Capacity Planner3,960 EUR
Category Leader3,590 EUR
Category Management Specialist3,980 EUR
Category Manager4,050 EUR
Channel Services Representative3,710 EUR
Contracts Manager4,570 EUR
Contracts Specialist3,560 EUR
Demand Planner4,040 EUR
Demand Planning Manager4,790 EUR
Digital Procurement Manager4,490 EUR
Distribution Assistant3,090 EUR
Distribution Associate3,380 EUR
Distribution Manager7,340 EUR
E-Commerce Buyer3,810 EUR
E-procurement Specialist4,600 EUR
Freight and Customs Compliance Manager4,510 EUR
Green Procurement Specialist3,810 EUR
Inventory Analyst3,730 EUR
Inventory Analytics Manager3,460 EUR
Inventory Control Clerk1,960 EUR
Inventory Control Manager4,850 EUR
Inventory Management Associate3,830 EUR
Inventory Optimization Manager4,560 EUR
Inventory Specialist3,740 EUR
Logistics Automation Engineer4,120 EUR
Logistics Engineer3,420 EUR
Master Planner3,540 EUR
Material Handler2,300 EUR
Material Planning Specialist3,160 EUR
Merchandise Manager4,280 EUR
Procurement Administrator4,340 EUR
Procurement Agent2,730 EUR
Procurement Analyst4,660 EUR
Procurement Assistant2,940 EUR
Procurement Associate4,000 EUR
Procurement Clerk1,710 EUR
Procurement Engineer3,640 EUR
Procurement Manager7,290 EUR
Procurement Officer1,690 EUR
Procurement Process Analyst4,460 EUR
Procurement Risk Manager4,360 EUR
Procurement Specialist3,390 EUR
Procurement Technology Consultant4,310 EUR
Production Planner4,060 EUR
Project Buyer4,760 EUR
Purchaser5,260 EUR
Purchasing Agent2,990 EUR
Purchasing Assistant2,040 EUR
Purchasing Manager7,090 EUR
Purchasing Officer3,320 EUR
Purchasing Supervisor5,140 EUR
Shipping and Receiving Clerk1,750 EUR
Shipping Coordinator3,560 EUR
Stock Clerk1,860 EUR
Stock Regulator2,160 EUR
Storage Manager4,670 EUR
Store Keeper1,810 EUR
Stores and Logistics Coordinator3,970 EUR
Strategic Sourcing Analyst5,060 EUR
Supplier Diversity Program Manager4,970 EUR
Supplier Relationship Manager5,150 EUR
Supply Chain Analyst5,190 EUR
Supply Chain Coordinator3,880 EUR
Supply Chain Development Manager7,060 EUR
Supply Chain Director7,830 EUR
Supply Chain Manager7,060 EUR
Supply Planner3,450 EUR
Sustainability Procurement Specialist4,740 EUR
Sustainable Sourcing Specialist3,520 EUR
Sustainable Supply Chain Manager5,630 EUR
Third Party Logistics Manager6,040 EUR
Vendor Management Specialist5,130 EUR
Warehouse Assistant1,440 EUR
Warehouse Automation Engineer3,570 EUR
Warehouse Clerk1,510 EUR
Warehouse Executive5,850 EUR
Warehouse Lead4,170 EUR
Warehouse Manager6,500 EUR
Warehouse Supervisor4,660 EUR
Wholesale Buyer5,650 EUR


Purchasing and Inventory Jobs Pay Scale and Salaries in Milano

Median and salary distribution Milano Purchasing and Inventory monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
4,210 EUR or more
10% of people earn
3,550 to 4,210 EUR
20% of people earn
2,100 EUR or less
65% of people earn
2,100 to 3,550 EUR
Minimum Salary
1,510 EUR
Median
3,950 EUR
Maximum
7,860 EUR




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

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

    Salaries in Purchasing and Inventory in Milano range from 1,510 EUR (starting average salary) to 7,860 EUR (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 3,950 EUR, implying that half of the workforce in Milano 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 Milano earn less than 3,020 EUR, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 4,750 EUR, 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 Milano. The analysis revealed that roughly 65% of all reported salaries fell within the range of 2,100 EUR to 3,550 EUR. Approximately 20% of salaries were below the 2,100 EUR mark, while 10% ranged from 3,550 EUR to 4,210 EUR. Only 5% of individuals earned a gross salary of 4,210 EUR 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 Milano 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 Milano, 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 Italy costs anywhere from 18,300 EUR to 54,900 EUR 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 / Milano

Salary comparison by gender Italy Purchasing and Inventory monthly
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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 Italy, the average difference between the salary of male and female employees is 7%.

Male
3,750 EUR
Female-7%
3,500 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Italy for all Careers

Salary comparison by gender monthly Italy
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Average Annual Salary Increment Percentage / Purchasing and Inventory / Milano

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

Professionals working in Purchasing and Inventory in Italy are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.

Annual Salary Increment Rate Italy 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.

Italy / All Professions

Annual Salary Increment Rate Italy
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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 Italy is 6%.

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 / Italy

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Italy Purchasing and Inventory
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100% of surveyed staff in Purchasing and Inventory reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

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

Received Bonus
%
No Bonus
100%

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 / Milano


24 EUR per hour

The average hourly wage (pay per hour) in Purchasing and Inventory in Milano is 24 EUR.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 Milano is 9 EUR. 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
Bologna3,830 EUR
Catania3,760 EUR
Genova3,900 EUR
Milano4,200 EUR
Napoli4,120 EUR
Palermo3,980 EUR
Parma3,640 EUR
Rome4,270 EUR
Torino4,050 EUR
Trieste3,700 EUR

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 Italy is 5% on average across all career fields.

Private Sector
3,560 EUR
Public Sector+5%
3,750 EUR
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 Milano?

A good and competitive compensation would range anywhere between 3,950 EUR and 4,750 EUR. 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 Milano ranges from 1,510 EUR to 3,020 EUR. 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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