Vendor Manager Salary

Vendor Managers in the United States pull down an average of $70K per year. With some bonuses and profit sharing proceeds approaching $20K each, total incomes of Vendor Managers generally range from $41K to $121K depending on individual performance. While the particular city and the specific company impact pay for this group, experience level is the most influential factor. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a fair number. Most Vendor Managers report high levels of job satisfaction. Male Vendor Managers who responded to the survey are more common than women; more than half (61 percent) are men. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$43,534 - $109,821
(Median)
$44K
$70K
$110K
MEDIAN: $70,194
10%
50%
90%

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$12.51 - $27.82
(Median)
$13
$18
$28
MEDIAN: $18.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$43,534 - $109,821  
   
Bonus
$685 - $19,973  
Profit Sharing
$76.60 - $20,823  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$41,156 - $120,861  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 342
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$12.51 - $27.82  
   
Overtime
$1.51 - $35.23  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$685 - $19,973  
   
Profit Sharing
$76.60 - $20,823  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$41,156 - $120,861  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 35
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Job Description for Vendor Manager

A vendor manager oversees the relationship between their business and its vendors (or suppliers). They manage these relationships from the start of the contract through the sales process and after, when a financial analysis may be of strategic assistance. These professionals must provide analyses to their organization on vendors, oversee costs, and ensure the terms of contracts are followed by all parties. They should also be able to identify trends related to product needs for their employer. Vendor managers must be able to build positive relations with new vendors and maintain good relationships with existing ones as well.

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Vendor Manager Tasks

  • Identify potential vendors and conduct research to determine who offers the best products, prices, and services.
  • Coordinate vendors to develop efficient supply chain strategies.
  • Manage company relationships with vendors, making sure contract terms are fulfilled and mitigating vendor risk.
  • Create sales partnerships with vendors which benefit both parties.

Vendor Manager Job Listings

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Popular Employer Salaries for Vendor Manager


Popular Skills for Vendor Manager


Vendor Managers note just a narrow range of job skills. Most notably, skills in Contract Negotiation, Vendor Relations, Business Analysis, and Vendor Management are correlated to pay that is above average, with boosts between 5 percent and 12 percent. For most people, competency in Contract Negotiation indicates knowledge of Business Analysis.

Pay by Experience Level for Vendor Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Respondents with less than five years' experience take home $59K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $77K. On average, Vendor Managers make $88K following one to two decades on the job. Deeply experienced professionals who boast more than 20 years of experience haul in an ample $101K on average.

Pay Difference by Location


Surpassing the national average by 32 percent, Vendor Managers in Seattle receive some of the highest pay in the country. Vendor Managers will also find cushy salaries in Atlanta (+3 percent) and Minneapolis (+3 percent). Place of residence plays a huge part in a Vendor Manager's salary, with San Francisco Vendor Managers earning salaries that are 20 percent less than the national average. New York and Charlotte are a couple other places where companies are known to pay below the median — salaries are 20 percent lower and 13 percent lower, respectively.

Related Job Salaries

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Experience Affects Vendor Manager Salaries




National Average
$72,000


Skills That Affect Vendor Manager Salaries




Vendor Management
up arrow 1%

National Average
$72,000

Project Management
up arrow 2%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 68 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
2%
1-4 years
36%
5-9 years
25%
10-19 years
28%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 83%
vision benefits Vision: 75% employee benefits None: 8%
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