The average salary for a Vendor Relationship Manager is $71,429.
Vendor Relationship Manager by
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What Do Vendor Relationship Managers Do?
Vendor relationship manager positions are found in a wide variety of industries and businesses, ranging from financial institutions to manufacturers. Most companies maintain some form of vendor relationships that can be essential to their business, and they generally look to hire vendor relationship managers with substantial experience and knowledge of the field; in many cases, this requires experience or a background specific to the company's industry. Most positions also require that employees…Read more
Vendor Relationship Manager Tasks
- Manage the procurement of vendor services, selection of vendors, review, and contract approval.
- Manage vendor analysts and clerical staff.
- Find and negotiate pricing with external service providers.
Job Satisfaction for Vendor Relationship Manager
Vendor Relationship Manager Job Listings
What Are Popular Skills for Vendor Relationship Managers?
Skills in Vendor Management, Contract Negotiation, Contract Management and Project Management are correlated to pay that is above average. Skills that pay less than market rate include Vendor Relations.
What is the Pay by Experience Level for Vendor Relationship Managers?
An entry-level Vendor Relationship Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $51,697 based on 12 salaries. An early career Vendor Relationship Manager with 1-4 years of experience earns an average total compensation of $60,033 based on 137 salaries. A mid-career Vendor Relationship Manager with 5-9 years of experience earns an average total compensation of $76,432 based on 91 salaries. An experienced Vendor Relationship Manager with 10-19 years of experience earns an average total compensation of $83,450 based on 86 salaries. In their late career (20 years and higher), employees earn an average total compensation of $97,826.
Pay Difference by Location
Employees with Vendor Relationship Manager in their job title in Seattle, Washington earn an average of 42.4% more than the national average. These job titles also find higher than average salaries in New York, New York (29.5% more) and San Francisco, California (14.8% more). The lowest salaries can be found in Atlanta, Georgia (19.8% less) and Phoenix, Arizona (14.5% less).
Years of Experience
This data is based on 352 survey responses.