Commodity Purchasing/Vendor Relations Manager Salary in Indore, IN
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How much does a Commodity Purchasing/Vendor Relations Manager make in Indore, IN? The average Commodity Purchasing/Vendor Relations Manager salary in Indore, IN is ₹2,091,556 as of March 18, 2021, but the range typically falls between ₹1,158,304 and ₹3,277,259. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost a Commodity Purchasing/Vendor Relations Manager Salary
Mastering key skills can significantly increase your earning potential as a Commodity Purchasing/Vendor Relations Manager. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 4% salary raise, while strong Commodity Management skills boost pay by a 3%.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Commodity Management
Commodity Management is the process of developing a systematic approach to the entire usage cycle for a group of items. The term is often used interchangeably with Category Management. It is generally considered as one aspect of the Procurement Management toolkit, and frequently used in combination with other tools – such as 'two-by-four-box' analysis, looking at the strategic positioning of that commodity with respect to an organisation and its supplier. This may then be further developed with Supplier Relationship Management (SRM), with designated Buyers managing key suppliers in given commodities. For more information on this topic, please consult: Supplier Relationship Management Procurement Category managementCommodity Management is also used in other contexts, as such managing dwindling availability of scarce resources. For this context, please see: Resource management
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Based on recent job listings, in-demand skills in the Commodity Purchasing/Vendor Relations Manager field include Analysis (4%), and Commodity Management (3%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| ₹2,175,218 |
Analysis
₹2,175,218
|
4%
|
|
| ₹2,154,303 |
Commodity Management
₹2,154,303
|
3%
|
What does a Commodity Purchasing/Vendor Relations Manager do?
Commodity Purchasing/Vendor Relations Manager
Bremen/Oldenburg, DE
Now, let’s dive deeper into the concept of ‘procurement vs purchasing’, and see how they differ from each other.
12/21/2020
Commodity Purchasing/Vendor Relations Manager
London, UK
Purchasing managers buy products, durable and nondurable goods, and services for organizations and institutions.
02/20/2021
Commodity Purchasing/Vendor Relations Manager
Tuxla Guiterrez, MX
In the buyer/vendor relationship, there must be a professional level of trust that can only be created when both parties actively listen, and actively communicate.
01/25/2021
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About Indore, India
Indore /ɪnˈdɔːr/ (listen) is the most populous and the largest city in the Indian state of Madhya Pradesh. It serves as the headquarters of both Indore District and Indore Division. It is also considered as an education hub of the state and has campuses of both the Indian Institute of Technology and the Indian Institute of Management. Located on the southern edge of Malwa Plateau, at an average altitude of 553 meters (1,814 ft) above sea level, it has the highest elevation among major cities of Central India. The city is 190 km (120 mi) west of the state capital of Bhopal. Indore had a census-...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Commodity Purchasing/Vendor Relations Manager Pay Difference by Cities
| City, Country | Compared to national average |
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| City, Country Mumbai, IN |
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| City, Country Jaipur, IN |
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| City, Country Kanpur, IN |
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| City, Country Lucknow, IN |
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| City, Country Nagpur, IN |
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| City, Country Indore, IN |
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Employees with Commodity Purchasing/Vendor Relations Manager in their job title in Mumbai, IN earn an average of 8.4% more than the national average. The lower salaries can be found in Nagpur, IN (16.3% less), Indore, IN (14.5% less), Lucknow, IN (12.4% less), Jaipur, IN (9.2% less), Kanpur, IN (6.6% less).
Similar Jobs to Commodity Purchasing/Vendor Relations Manager in Indore, IN
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| Job Title | Location | Salary Range in INR |
|---|---|---|
| Job Title Commodity Manager | Location Indore, IN |
|
| Job Title Employee Relations Manager | Location Indore, IN |
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| Job Title Employee Relations Specialist I | Location Indore, IN |
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| Job Title Employee Relations Specialist II | Location Indore, IN |
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| Job Title IT Vendor Relations Manager | Location Indore, IN |
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Understand the base salary paid range for a Commodity Purchasing/Vendor Relations Manager in Indore, IN
Average Base Salary
Core compensation
1158304
3277259
The chart shows the base salary for Commodity Purchasing/Vendor Relations Manager in Indore ranges from ₹1,158,304 to ₹3,277,259 with the average base salary of ₹2,091,556. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Commodity Purchasing/Vendor Relations Manager may get paid difference by industry, location, and factors.
Commodity Purchasing/Vendor Relations Manager Frequently Asked Questions
Can I expect to receive a higher salary for the position of Commodity Purchasing/Vendor Relations Manager in Mumbai than for the same job in Nagpur in the India?
On average, a Commodity Purchasing/Vendor Relations Manager, working in Mumbai, India, would generally get a higher salary than those working in the city of Nagpur. The larger cities in the IN typically provide numerous opportunities for Commodity Purchasing/Vendor Relations Manager Jobs. Since Indore, India is an attractive place to work for many professions, Commodity Purchasing/Vendor Relations Manager Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location.
March 18, 2021
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What is the salary range for a Commodity Purchasing/Vendor Relations Manager in Indore, India? What is the average hourly rate?
The average salary for a Commodity Purchasing/Vendor Relations Manager in Indore, India is ₹2,091,556 per year. The salary range for a Commodity Purchasing/Vendor Relations Manager is between ₹1,158,304 and ₹3,277,259. While we are seeing hourly wages as high as ₹1,576 and as low as ₹557, the majority of Commodity Purchasing/Vendor Relations Managers are currently paid an average of ₹1,006 in Indore, India. The average salary pay range for a Commodity Purchasing/Vendor Relations Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Commodity Purchasing/Vendor Relations Manager in Indore, India can differ based on any or all of these varying factors.
March 18, 2021
salary.com
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Besides the base pay, what other benefits might be negotiable when considering a Commodity Purchasing/Vendor Relations Manager job? What common items are generally included in a total compensation package?
A total compensation package consists of base pay or salary and all other types of pay and benefits that a Commodity Purchasing/Vendor Relations Manager working in Indore, India will receive in exchange for their job. Some common items included in the total compensation of a Commodity Purchasing/Vendor Relations Manager working in the Indore, India are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Indore, India might also offer long-term incentives such as stock options or stock grants for Commodity Purchasing/Vendor Relations Managers. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you.
March 18, 2021
salary.com
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Last Update: March 18, 2021