Vendor Operations Manager salary in Iceland

Average Yearly Salary of Vendor Operations Manager in Iceland is approximately 13,602,946 ISK (95,174 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 Operations Manager do?

A vendor operations manager is responsible for overseeing the operations and management of vendors within an organization. They play a crucial role in ensuring smooth and efficient vendor relationships, from onboarding and contract negotiations to performance evaluation and improvement. The vendor operations manager works closely with various departments, including procurement, supply chain, and finance, to develop and execute vendor strategies that align with the company's goals and objectives. They are also responsible for monitoring vendor performance, resolving issues or disputes, and ensuring compliance with contractual agreements. Additionally, they may be involved in identifying new vendors, negotiating pricing and terms, and conducting vendor audits. This role requires strong analytical and negotiation skills, as well as excellent communication and relationship-building abilities.

Skills: Vendor management, Operations management, Supplier relations, Contract negotiation, Performance evaluation, Compliance monitoring
Job industry: Retail

How much does Vendor Operations Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Vendor Operations Manager a well paid job?

Yes, our data shows that Vendor Operations Manager 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 Operations Manager?

High salary for Vendor Operations Manager would be somewhere between 14,963,241 ISK and 19,724,272 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Vendor Operations Manager in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 13,602,946 ISK
Estimated Monthly Salary: 1,133,579 ISK
Estimated Weekly Salary: 261,595 ISK per week
Estimated Hourly Salary: 6,540 ISK per hour
By working as Vendor Operations Manager a person can save up to 5,202 USD per month or 62,428 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
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 Operations Manager

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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