The average salary for a Vendor Manager is $67,490 per year. Experience has a moderate effect on pay for this job. Most people with this job move on to other positions after 20 years in this career. A skill in Contract Negotiation is associated with high pay for this job.
Vendor Manager Total Pay (?
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.
)
$40,644 - $108,287
(Median)
41K
51K
67K
90K
110K
MEDIAN: $67,490
10%
25%
50%
75%
90%
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Vendor Manager Total Pay (?
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.
)
$12.84 - $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
$40,644 - $108,287  
   
Bonus
$0.00 - $18,769  
Profit Sharing
$350.00 - $20,583  
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).
)
$37,980 - $117,376  
PayScale
Country: United States | Currency: USD | Updated: 16 Apr 2014 | Individuals Reporting: 226
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
$12.84 - $27.82  
   
Overtime
$18.90 - $32.96  
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
$0.00 - $18,769  
   
Profit Sharing
$350.00 - $20,583  
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).
)
$37,980 - $117,376  
PayScale
Country: United States | Currency: USD | Updated: 16 Apr 2014 | Individuals Reporting: 226
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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.
Popular Skills for Vendor Manager
Pay by Experience Level for Vendor Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Seattle
up arrow 42%
Charlotte
up arrow 28%
Dallas
up arrow 2%
National Average
$67,000
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Vendor Manager Salaries

Late-Career
up arrow 53%
National Average
$67,000

Skills That Affect Vendor Manager Salaries

Project Management
0%
National Average
$67,000
Vendor Management
up arrow 1%
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 63 votes.
Gender
Female
43%
female alumni
 
Male
57%
male alumni
Years of Experience
Less than 1 year
2%
1-4 years
37%
5-9 years
26%
10-19 years
26%
20 years or more
9%
Common Health Benefits
medical benefits Medical: 86% dental benefits Dental: 79%
vision benefits Vision: 69% employee benefits None: 13%
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