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Vendor Manager Salary

Average Vendor Managers in the United States make around $71K annually. Including potential for bonuses and profit sharing — peaking near $20K and $21K, respectively — total cash payment to Vendor Managers can bottom out near $41K or peak near $121K depending on individual performance. The most influential factor affecting pay for this group is the specific employer, though career length and geographic location have a (lesser) impact as well. Male Vendor Managers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 59 percent of the field. Medical benefits are awarded to nearly all, and most earn dental coverage. Most Vendor Managers report high levels of job satisfaction. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$43,543 - $109,914
(Median)
$44K
$71K
$110K
MEDIAN: $70,608
10%
50%
90%

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$12.57 - $29.09
(Median)
$13
$18
$29
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
$43,543 - $109,914  
   
Bonus
$408.51 - $19,786  
Profit Sharing
$76.03 - $20,923  
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).
)
$41,016 - $120,779  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 328
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
$12.57 - $29.09  
   
Overtime
$1.51 - $33.85  
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
$408.51 - $19,786  
   
Profit Sharing
$76.03 - $20,923  
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).
)
$41,016 - $120,779  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 33

Find Out Exactly What You Should Be Paid

United States (change)


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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


Survey results show that Vendor Managers use a fair number of 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. Those proficient in Contract Negotiation are, more often than not, also skilled in Business Analysis.

Pay by Experience Level for Vendor Manager

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


For many Vendor Managers, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Salaries of relatively inexperienced workers fall in the neighborhood of $59K, but folks who have racked up five to 10 years see a notably higher median of $78K. Vendor Managers with one to two decades of relevant experience report an average salary of approximately $89K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $99K.

Pay Difference by Location


Seattle is home to an above-average pay rate for Vendor Managers, 31 percent higher than the national average. Vendor Managers can also look forward to large paychecks in cities like San Francisco (+29 percent), Atlanta (+2 percent), Minneapolis (+2 percent), and Charlotte (+1 percent). Vendor Managers in New York make 21 percent less than the national average, proving that location is a major factor in pay. Two other places where employers offer below-median salaries are Dallas (7 percent less) and Phoenix (4 percent less).

Related Job Salaries

United States (change)

Experience Affects Vendor Manager Salaries




National Average
$73,000


Skills That Affect Vendor Manager Salaries




Vendor Management
up arrow 4%

National Average
$73,000

Project Management
up arrow 1%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 70 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
1%
1-4 years
35%
5-9 years
26%
10-19 years
28%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 83%
vision benefits Vision: 76% employee benefits None: 8%
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