Vendor Specialists in the United States are not likely to strike it rich; they only make around $43K per year on average. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Most workers in this position report moderate levels of job satisfaction. Vendor Specialists survey participants are largely women, dominating at 64 percent. Medical and dental coverage is claimed by a large number, and a fair number earn vision coverage. The information for this snapshot was generated by responses to the PayScale salary survey.

$28,166 - $59,432
(Median)
$28K
$43K
$59K
MEDIAN: $43,162
10%
50%
90%

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$11.68 - $23.08
(Median)
$12
$15
$23
MEDIAN: $15.00
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$20K$40K$60K
Salary
$28,166 - $59,432  
   
Bonus
$-0.50 - $5,106  
Profit Sharing
$1,550  
Commission
$5,000  
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).
)
$25,067 - $59,627  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 40
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$10$20$30
Hourly Rate
$11.68 - $23.08  
   
Overtime
$28.45  
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$20K$40K$60K
Bonus
$-0.50 - $5,106  
   
Commission
$5,000  
Profit Sharing
$1,550  
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).
)
$25,067 - $59,627  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 27
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Job Description for Vendor Specialist

Vendor specialists are responsible for ensuring timely, reliable, and accurate inventory reconciliation between a company and its vendors, foreign or local. Vendor specialists must coordinate the payments made to vendors while also taking into account the feedback and inventory levels of other departments, and they must be able to manage the company's cash flow and maintain effective communication with vendors at all times.

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Vendor Specialist Tasks

  • Identify possible areas of vendor risk and work to minimize that risk.
  • Manage company relations with vendors and ensure vendors meet contract requirements.
  • Act as a contact point for vendors, answer questions, and resolve problems.
  • Handle the processing of information for new vendors and integrate them into vendor system.

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Related Job Salaries

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Experience Affects Vendor Specialist Salaries

Mid-Career
up arrow 31%

Experienced
up arrow 27%

National Average
$39,000

Entry-Level
up arrow 5%

Skills That Affect Vendor Specialist Salaries

Vendor Relations
up arrow 34%

Vendor Management
up arrow 16%

Project Management
up arrow 14%

National Average
$39,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.

Gender

Female
64 %
Male
36 %

Years of Experience

Less than 1 year
7%
1-4 years
57%
5-9 years
13%
10-19 years
21%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 78%
medical benefits
Vision: 73%
dental benefits
None: 18%
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