A person working as a Vendor Relationship Manager in India will on average earn $30533 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $30,533.00 |
| Weekly salary | $587.17 |
| Daily salary | $83.65 |
| Hourly salary | $10.46 |
This means vendor relationship manager salary is above average!
Job Industry: supply chain management
Description: A Vendor Relationship Manager is responsible for managing the relationship between a company and its vendors or suppliers. They are in charge of building and maintaining strong relationships with vendors to ensure the smooth procurement of goods and services. The role involves negotiating contracts, monitoring vendor performance, resolving any issues or disputes, and ensuring compliance with contractual agreements. Vendor Relationship Managers also work closely with internal stakeholders to understand their requirements and ensure that vendors meet these expectations. They may be involved in vendor selection, evaluating potential vendors, and conducting regular vendor performance reviews. Effective communication, negotiation skills, and the ability to build and maintain relationships are crucial for success in this role.
Tagged with: Vendor management, Supplier relationship management, Procurement, Contract negotiation, Vendor performance evaluation, Stakeholder management