Home > Salary > Colombia > Vendor Management Associate
A Vendor Management Associate is responsible for overseeing and managing relationships with vendors and suppliers on behalf of an organization. They play a crucial role in ensuring that the company's vendor network operates efficiently and effectively. Their responsibilities include negotiating contracts, evaluating vendor performance, resolving any issues or disputes, and ensuring compliance with company policies and procedures. They also collaborate with various departments within the organization to identify and onboard new vendors, as well as streamline processes to improve vendor management.
Estimated Yearly Salary: 36,761,980 COP
Estimated Monthly Salary: 3,063,498 COP
Estimated Weekly Salary: 706,961 COP per week
Estimated Hourly Salary: 17,674 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,962,032 COP
Estimated Weekly Salary: 683,546 COP per week
Estimated Hourly Salary: 17,089 COP per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 8,140 USD
Estimated Monthly Salary: 678 USD
Estimated Weekly Salary: 157 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 36,761,980 COP
Estimated Monthly Salary: 3,063,498 COP
Estimated Weekly Salary: 706,961 COP per week
Estimated Hourly Salary: 17,674 COP per hour
By working as Vendor Management Associate a person can save up to 418 USD per month or 5,015 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Vendor Management Associate
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Vendor Management Associate salary in Colombia
Average Yearly Salary of Vendor Management Associate in Colombia is approximately 36,761,980 COP (8,140 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Vendor Management Associate do?
A Vendor Management Associate is responsible for overseeing and managing relationships with vendors and suppliers on behalf of an organization. They play a crucial role in ensuring that the company's vendor network operates efficiently and effectively. Their responsibilities include negotiating contracts, evaluating vendor performance, resolving any issues or disputes, and ensuring compliance with company policies and procedures. They also collaborate with various departments within the organization to identify and onboard new vendors, as well as streamline processes to improve vendor management.
Skills: Vendor Management, Supplier Relations, Contract Negotiation, Vendor Performance Evaluation, Compliance Management, Process Improvement
Job industry: Human resources
Job industry: Human resources
How much does Vendor Management Associate make?
Salary details
How much does Vendor Management Associate make?Estimated Yearly Salary: 36,761,980 COP
Estimated Monthly Salary: 3,063,498 COP
Estimated Weekly Salary: 706,961 COP per week
Estimated Hourly Salary: 17,674 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 35,544,388 COPEstimated Monthly Salary: 2,962,032 COP
Estimated Weekly Salary: 683,546 COP per week
Estimated Hourly Salary: 17,089 COP per hour
Last revision of data: 2024-01-08Vendor Management Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,140 USD
Estimated Monthly Salary: 678 USD
Estimated Weekly Salary: 157 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Management Associate job salary compared to average salary in Colombia.
Comparison shows that a person working as Vendor Management Associate in Colombia earns on average:
1.36 times the average salary (or 136% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Management Associate job salary compared to average salary in Colombia.
Comparison shows that a person working as Vendor Management Associate in Colombia earns on average:
1.36 times the average salary (or 136% of average salary).
Is Vendor Management Associate a well paid job?
Yes, our data shows that Vendor Management Associate is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Vendor Management Associate?
High salary for Vendor Management Associate would be somewhere between 40,438,178 COP and 53,304,871 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Vendor Management Associate in Colombia?
Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 36,761,980 COP
Estimated Monthly Salary: 3,063,498 COP
Estimated Weekly Salary: 706,961 COP per week
Estimated Hourly Salary: 17,674 COP per hour
By working as Vendor Management Associate a person can save up to 418 USD per month or 5,015 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Vendor Management Associate
Ecuador is 7,891 USD
Brazil is 10,214 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Colombia
(306,660,307 COP per year, pre-tax.)
2. Cardiologist
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
5. Neurosurgeon
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
8. Oncologist
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)
Data as of 2025Random salary:
Pastry chef de partie (19,852,687 COP per year, pre-tax.)
Territory sales manager (31,265,280 COP per year, pre-tax.)
Palliative care specialist (30,245,204 COP per year, pre-tax.)
Data entry processor (13,298,001 COP per year, pre-tax.)
Adult daycare director (21,022,920 COP per year, pre-tax.)
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