Vendor Specialist Salary

Median pay for Vendor Specialists in the United States is around $44K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Female Vendor Specialists are more common than men among those who completed the survey; more than half (65 percent) are women. Most get medical and dental insurance, and a strong majority get vision plans, too. Work is reasonably fulfilling for most Vendor Specialists — the majority report average levels of job satisfaction. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$31,439 - $61,349
(Median)
$31K
$44K
$61K
MEDIAN: $43,803
10%
50%
90%

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$10.71 - $23.11
(Median)
$11
$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$21K$42K$63K
Salary
$31,439 - $61,349  
   
Bonus
$0.00 - $9,899  
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).
)
$25,656 - $62,808  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 78
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$13$26$39
Hourly Rate
$10.71 - $23.11  
   
Overtime
$0.00 - $37.06  
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$26K$52K$78K
Bonus
$0.00 - $9,899  
   
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).
)
$25,656 - $62,808  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 41
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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.

Vendor Specialist Job Listings

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Vendor Specialists who responded to the survey report just a handful of professional skills. Lucky workers who know Vendor Relations can expect a significant pay bump, scoring salaries 28 percent above average. Project Management and Vendor Management are also correlated to pay that is above average, with increases between 9 percent and 28 percent.

Related Job Salaries

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Experience Affects Vendor Specialist Salaries

Experienced
up arrow 39%

Mid-Career
up arrow 14%

National Average
$41,000

Entry-Level
up arrow 6%

Skills That Affect Vendor Specialist Salaries

Vendor Relations
up arrow 28%

Vendor Management
up arrow 9%

Project Management
up arrow 9%

National Average
$41,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.

Gender

Female
65 %
Male
35 %

Years of Experience

Less than 1 year
7%
1-4 years
59%
5-9 years
16%
10-19 years
17%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 80%
medical benefits
Vision: 72%
dental benefits
None: 16%
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