Vendor Specialist Salary

Earnings for Vendor Specialists in the United States come in at around $45K per year on average. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Female Vendor Specialists make up most of the survey respondents at 71 percent. A large number receive medical and dental insurance and most get vision plans. Job satisfaction for Vendor Specialists is high. The data in this summary comes from the PayScale salary survey.

$29,603 - $60,232
$30K
$45K
$60K
MEDIAN: $45,448
10%
50%
90%

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$11.51 - $23.29
$12
$16
$23
MEDIAN: $16.00
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
$29,603 - $60,232  
   
Bonus
$-0.50 - $5,068  
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).
)
$26,780 - $60,609  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 38
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
$11.51 - $23.29  
   
Overtime
$23.17  
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
$-0.50 - $5,068  
   
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).
)
$26,780 - $60,609  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 25

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United States (change)

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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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Key Stats for Vendor Specialist

Gender

Female
71 %
Male
29 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 5 votes.
Less than 1 year
11%
1-4 years
49%
5-9 years
14%
10-19 years
22%
20 years or more
3%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Vendor Specialist Salaries

Experienced
▲33%

Mid-Career
▲29%

National Average
$40,000

Entry-Level
▼8%

Skills That Affect Vendor Specialist Salaries

Vendor Relations
▲30%

Vendor Management
▲12%

Project Management
▲11%

National Average
$40,000

Job Satisfaction

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

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
11%
1-4 years
49%
5-9 years
14%
10-19 years
22%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 83%
vision benefits
Vision: 80%
no benefits
None: 12%