How Much Does a Vendor Business Manager make?

Vendor Business Manager made a median salary around $131,343 in December, 2024. The best-paid 25 percent made $145,449 probably that year, while the lowest-paid 25 percent made around $119,045. 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 online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $119,045 10% $107,848 90% $158,291 75% $145,449 $131,343 50%(Median)
download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Best-Paying Cities for Vendor Business Manager

The metropolitan areas that pay the highest salary in the Vendor Business Manager profession are Rexford , Saint Regis , Saltese , Stryker , Superior .
Rexford, MT $142,312
Saint Regis, MT $142,312
Saltese, MT $142,312
Stryker, MT $142,312
Superior, MT $142,312

Best-Paying States for Vendor Business Manager

The states and districts that pay Vendor Business Manager the highest salary are District of Columbia (around $156,515) , California (around $155,108) , New Jersey (around $154,124) , Alaska (around $153,140) , and Massachusetts (around $152,999) .
District of Columbia $156,515
California $155,108
New Jersey $154,124
Alaska $153,140
Massachusetts $152,999

What is the Career Path of Vendor Business Manager?

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

The first career path typically progresses to Vendor Quality Control Senior Manager.
Besides, Vendor Business Manager can also turn to other related jobs, including Vendor Relations Manager , Vendor Relationship Manager , IT Vendor Relationship Manager and IT Vendor Relationship Senior Manager .

Frequently Asked Questions for Vendor Business Manager

Q: What is the salary range of Vendor Business Manager in Montana?
A: In 2024 , the lowest-paid Vendor Business Manager in Montana earned an average annual salary of $119,045 , while the highest-paid made $145,449.
Q: What is the salary for a Vendor Business Manager in California?
A: Vendor Business Manager employed in California earned an average salary of $155,108 in 2024.

Average Vendor Business Manager Pay vs. Other Jobs

Vendor Business Manager earned an average salary of $131,343 in 2024. Other jobs related to Vendor Business Manager earned the following average salary in December, 2024. Vendor Relations Manager made $130,355 , Vendor Relationship Manager made $130,360 , IT Vendor Relationship Manager and IT Vendor Relationship Senior Manager made $131,205 and $177,271 respectively .

Relevant Jobs of Vendor Business Manager

Vendor Relations Manager - Average Salary $130,355
Vendor Relations Manager oversees strategic vendor management programs to create collaborative supplier relationships that control costs, manage risks, and support compliance with standards and requirements. Develops and sustains relationships with critical vendors by communicating and conducting regular reviews of status and issues. Being a Vendor Relations Manager enables suppliers' understanding of the business's requirements, needs, and service expectations by providing a solid foundation of information and resources. Defines the escalation paths and methods to use to resolve problems. Additionally, Vendor Relations Manager provides clear and actionable feedback to encourage cooperation and drive continuous improvement in vendor performance. Requires a bachelor's degree. Typically reports to a director or head of a unit/department. The Vendor Relations Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Vendor Relations Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
Vendor Relationship Manager - Average Salary $130,360
The Vendor Relationship Manager develops and sustains relationships with critical vendors by communicating and conducting regular reviews of status and issues. Oversees strategic vendor management programs to create collaborative supplier relationships that control costs, manage risks, and support compliance with standards and requirements. Being a Vendor Relationship Manager defines the escalation paths and methods to use to resolve problems. Enables suppliers' understanding of the business's requirements, needs, and service expectations by providing a solid foundation of information and resources. In addition, Vendor Relationship Manager provides clear and actionable feedback to encourage cooperation and drive continuous improvement in vendor performance. Requires a bachelor's degree. Typically reports to a director or head of a unit/department. The Vendor Relationship Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Vendor Relationship Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
IT Vendor Relationship Manager - Average Salary $131,205
IT Vendor Relationship Manager manages the organization's strategic technology vendor management program to meet company needs and comply with required quality standards. Assists with selecting the company's product and service providers and tracks the procurement of IT products and services to monitor and maintain operational costs and budgets. Being an IT Vendor Relationship Manager leads request for proposals (RFP) process to vet the reputation and quality of vendor products. Negotiates service level agreements to ensure performance/quality metrics, responsibilities, expectations, and penalties are clearly defined. Additionally, IT Vendor Relationship Manager works closely with internal teams to monitor, maintain, and improve existing vendor relationships. Conducts regular business reviews to ensure compliance with company expectations, review issues, and develop solutions. May require experience with software licensing and hardware procurement. Requires a bachelor's degree. Typically reports to a head of a unit/department. The IT Vendor Relationship Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an IT Vendor Relationship Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
IT Vendor Relationship Senior Manager - Average Salary $177,271
IT Vendor Relationship Senior Manager designs and implements the organization's strategic technology vendor management program to meet company needs and comply with required quality standards. Selects providers and oversees procurement of IT products and services to monitor and maintain operational costs and budgets. Being an IT Vendor Relationship Senior Manager administers the request for proposals process to vet the reputation and quality of vendor products. Negotiates service level agreements to ensure performance/quality metrics, responsibilities, expectations, and penalties are clearly defined. Additionally, IT Vendor Relationship Senior Manager works closely with managers and teams to monitor, maintain, and improve existing vendor relationships. Conducts regular business reviews to ensure compliance with company expectations, review issues, and develop solutions. May require experience with software licensing and hardware procurement. Requires a bachelor's degree in a technical discipline. Typically reports to top management. The IT Vendor Relationship Senior Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an IT Vendor Relationship Senior Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
Vendor Relations Senior Manager - Average Salary $165,588
Vendor Relations Senior Manager oversees strategic vendor management programs to create collaborative supplier relationships that control costs, manage risks, and support compliance with standards and requirements. Develops and sustains relationships with critical vendors by communicating and conducting regular reviews of status and issues. Being a Vendor Relations Senior Manager enables suppliers' understanding of the business's requirements, needs, and service expectations by providing a solid foundation of information and resources. Defines the escalation paths and methods to use to resolve problems. Additionally, Vendor Relations Senior Manager provides clear and actionable feedback to encourage cooperation and drive continuous improvement in vendor performance. Requires a bachelor's degree. Typically reports to top management. The Vendor Relations Senior Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Vendor Relations Senior Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.