Vendor Manager Salary

The average Vendor Manager in the United States can expect to rake in roughly $77K per year. Cash earnings for Vendor Managers — including $26K in bonuses and $22K in profit sharing proceeds near the top of the pay scale — generally stretch from $47K to $135K depending on individual performance. Compensation for this group is mainly affected by location, but tenure and the particular employer are influential factors as well. Job satisfaction is considered about average by most people in this profession. A large number have medical and dental plans, and a fair number have vision insurance. This report is based on responses to the PayScale salary survey.

$48,784 - $128,790
$49K
$77K
$130K
MEDIAN: $77,303
10%
50%
90%

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$14.64 - $58.72
$15
$20
$59
MEDIAN: $19.84
10%
50%
90%

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$0$135K
Salary $48,784 - $128,790
Bonus $1,476 - $25,710
Profit Sharing $0.00 - $21,500
Commission $20,000
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).
)
$46,708 - $135,460
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 278
Hourly Data $0$89
Hourly Rate $14.64 - $58.72
Overtime $21.14 - $89.40
Annual Data $0$135K
Bonus $1,476 - $25,710
Commission $20,000
Profit Sharing $0.00 - $21,500
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).
)
$46,708 - $135,460
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 22

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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

Popular Employer Salaries for Vendor Manager


Popular Skills for Vendor Manager


Vendor Managers report using a wide range of professional skills. Most notably, skills in Business Analysis, Operations Management, Contract Negotiation, and Project Management are correlated to pay that is above average. 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

Pay by Experience for a Vendor Manager has a positive trend. An entry-level Vendor Manager with less than 5 years of experience can expect to earn an average total compensation of $68,000 based on 147 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Vendor Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $87,000 based on 109 salaries. An experienced Vendor Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $91,000 based on 90 salaries. A Vendor Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $113,000 based on 29 salaries.

Pay Difference by Location

National Average: $80,766

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

Seattle offers some of the highest pay in the country for Vendor Managers, 27 percent above the national average. Vendor Managers will also find cushy salaries in Jacksonville (+19 percent). Vendor Managers in Phoenix earn salaries far below the national average by 33 percent, proving that geography overwhelmingly affects the pay scale for those in this field. Two other places where employers offer below-median salaries are Austin (28 percent less) and Dallas (25 percent less).

Related Job Salaries

Key Stats for Vendor Manager

Gender

Female
41 %
Male
59 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 42 votes.
Less than 1 year
2%
1-4 years
37%
5-9 years
28%
10-19 years
24%
20 years or more
9%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Vendor Manager Salaries

▲40%

▲12%

▲8%

National Average
$81,000

▼16%

Skills That Affect Vendor Manager Salaries


Operations Management
▲4%


National Average
$81,000


People Management
▼7%



Data Analysis
▼26%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 42 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
2%
1-4 years
37%
5-9 years
28%
10-19 years
24%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 84%
vision benefits
Vision: 76%
no benefits
None: 11%
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