Vendor Manager Salary

Earnings for Vendor Managers in the United States come in at around $74K annually on average. Cash earnings for Vendor Managers — which occasionally include more than $30K from bonuses and more than $26K from profit sharing — stretch from around $44K to approximately $129K. The most important factor affecting compensation for this group is geographic location, followed by experience level and the specific company. Men working as Vendor Managers who took the survey just slightly outnumber women at 57 percent. Medical and dental coverage is claimed by most, and a strong majority earn vision coverage. Most people on this career path report moderate levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$45,498 - $120,584
$45K
$74K
$120K
MEDIAN: $73,921
10%
50%
90%

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$14.69 - $87.26
$15
$19
$87
MEDIAN: $19.44
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$45,498 - $120,584  
   
Bonus
$1,033 - $29,696  
Profit Sharing
$0.00 - $25,532  
Commission
$17,500  
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).
)
$44,344 - $128,956  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 305
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30$60$90
Hourly Rate
$14.69 - $87.26  
   
Overtime
$21.44 - $88.08  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$60K$120K$180K
Bonus
$1,033 - $29,696  
   
Commission
$17,500  
Profit Sharing
$0.00 - $25,532  
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).
)
$44,344 - $128,956  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 23

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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

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

Vendor Manager Job Listings

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Popular Employer Salaries for Vendor Manager


Popular Skills for Vendor Manager


Vendor Managers seem to require a number of specific skills. Most notably, skills in Business Analysis, Operations Management, Contract Negotiation, and People Management are correlated to pay that is above average, with boosts between 5 percent and 11 percent. Those listing Data Analysis as a skill should be prepared for drastically lower pay. Vendor Management and Vendor Relations also typically command lower compensation. Those familiar with Contract Negotiation also tend to know Business Analysis.

Pay by Experience Level for Vendor Manager

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


Experience is an important factor influencing the compensation of Vendor Managers. Survey participants with less than five years' experience pocket $66K on average, but those with five to 10 years of experience enjoy a much bigger median of $83K. Vendor Managers who work for 10 to 20 years in their occupation tend to earn about $89K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $107K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

Pay Difference by Location

National Average: $77,393

Larger city markers indicate a job is popular in that location.

Vendor Managers will find that Seattle offers an impressive pay rate, one which exceeds the national average by 34 percent. Vendor Managers will also find cushy salaries in Jacksonville (+24 percent) and Los Angeles (+11 percent). One of the biggest compensable factors for Vendor Managers is geography, with workers in Dallas earning a whopping 23 percent below the national average. Workers in Phoenix and Austin earn salaries that trail the national average for those in this profession (20 percent less and 13 percent less, respectively).

Related Job Salaries

Key Stats for Vendor Manager

Gender

Female
43 %
Male
57 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 36 votes.
Less than 1 year
2%
1-4 years
36%
5-9 years
27%
10-19 years
26%
20 years or more
9%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Vendor Manager Salaries

▲38%

▲15%

▲8%

National Average
$77,000

▼15%

Skills That Affect Vendor Manager Salaries


Operations Management
▲9%


National Average
$77,000


People Management
▼3%



Data Analysis
▼22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 36 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
2%
1-4 years
36%
5-9 years
27%
10-19 years
26%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 85%
vision benefits
Vision: 76%
dental benefits
None: 10%
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