How Much Does a Vendor Management Specialist Make?

Updated March 26, 2024

Individually reported data submitted by users of our website

Normal Confidence
$80,947/yr
Average Base Pay
Low $72,048
Average $80,947
High $89,404
The average salary for Vendor Management Specialist is $80,947 per year in the United States.

Related Job Titles to Vendor Management Specialist

Vendor Relations Specialist IV
$124,701
US
Per Year
Vendor Relations Specialist I
$63,910
US
Per Year
Vendor Relations Specialist V
$171,449
US
Per Year
Vendor Relations Specialist II
$81,331
US
Per Year

Similar Job Salaries to Vendor Management Specialist by Company

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Company average base salary in (usd) range
Merchants Bank of Indiana
Vendor Management Specialist
$70,600/yr
$60,745
$80,455
RANGE: $60,745 - $80,455
Radiant Credit Union
Vendor Management Specialist
$85,435/yr
$75,425
$95,445
RANGE: $75,425 - $95,445
Aptara
Vendor Management Specialist
$89,662/yr
$80,609
$98,715
RANGE: $80,609 - $98,715
United Recovery and Remarketing
Vendor Management Specialist
$84,980/yr
$71,376
$98,585
RANGE: $71,376 - $98,585
4500 Marathon Petroleum Company LP
Vendor Management Specialist
$95,631/yr
$83,172
$108,091
RANGE: $83,172 - $108,091
CNB Bank
ERIEBANK Vendor Management Specialist
$90,337/yr
$77,718
$102,956
RANGE: $77,718 - $102,956
$97,991/yr
$86,510
$109,472
RANGE: $86,510 - $109,472
OneWeb Technologies
Vendor Management Specialist
$94,687/yr
$83,593
$105,781
RANGE: $83,593 - $105,781
FreshEdge
Vendor Management Specialist
$92,533/yr
$83,240
$101,826
RANGE: $83,240 - $101,826
OFI
QA Compliance Specialist - Vendor Management
$107,297/yr
$95,155
$119,440
RANGE: $95,155 - $119,440

What Does a Vendor Management Specialist Do?

Vendor management is the system of overseeing the entire vendor relationship - from acquiring them through the delivery of the required goods and services.
Updated December 22, 2021
Vendor relationship management isn’t restricted to managing an up-to-date database of your vendors and communicating with them regularly.
Updated December 22, 2021
Vendor onboarding is key to vendor relationship management since how well it’s done determines how well the procurer and vendors can collaborate and communicate.
Updated December 21, 2021
The Specialist will also work with Service Owners and suppliers to build and enhance supplier relationship management.
Updated December 21, 2021
Communicate extensively with upper management and vendors on payments, invoice errors, and any account questions.
Updated December 21, 2021

Frequently Asked Questions About a Vendor Management Specialist Salaries

What is the average of a Vendor Management Specialist in the United States?

The Vendor Management Specialist salary range is from $72,048 to $89,404, and the average Vendor Management Specialist salary is $80,947/year in the United States. The Vendor Management Specialist's salary will change in different locations.

Which location pays the highest Vendor Management Specialist salary in the United States?

The Vendor Management Specialist salary in San Jose, CA is $101,588 which is the highest in the US.

What kinds of reasons will influence the Vendor Management Specialist's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Vendor Management Specialist.

What is the growth rate of the Vendor Management Specialist's salary?

If you are thinking of becoming a Vendor Management Specialist or planning the next step in your career, find the detailed salary report of a Vendor Management Specialist.

Recent Salary Report

Below are the most recent Vendor Management Specialist salary reports. Employer name has been removed to protect anonymity.

$74,397 Yearly
A Vendor Management Specialist in San Jose, CA reported making $74,397 per year
San Jose, CA
200 - 6 employees
Full-Time
Company - Private
$87,107 Yearly
A Vendor Management Specialist in Knoxville, TN reported making $87,107 per year
Knoxville, TN
6 - 1,000 employees
Full-Time
Company - Private
$83,187 Yearly
A Vendor Management Specialist in Gary, IN reported making $83,187 per year
Gary, IN
100 - 200 employees
Full-Time
Company - Private
$35 Hourly
A Vendor Management Specialist in Essex Junction, VT reported making $35 per hour
Essex Junction, VT
7,6 - 15,000 employees
Part-Time
Company - Public
$42 Hourly
A Vendor Management Specialist in Middlesex, NJ reported making $42 per hour
Middlesex, NJ
3,000 - 7,6 employees
Part-Time
Company - Public
$6,344 Monthly
A Vendor Management Specialist in Clarksville, TN reported making $6,344 per month
Clarksville, TN
1,000 - 3,000 employees
Full-Time
Company - Public