Home > Salary > India > Vendor Relationship Manager
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.
Estimated Yearly Salary: 2,754,455 INR
Estimated Monthly Salary: 229,538 INR
Estimated Weekly Salary: 52,970 INR per week
Estimated Hourly Salary: 1,324 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 221,378 INR
Estimated Weekly Salary: 51,087 INR per week
Estimated Hourly Salary: 1,277 INR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 30,533 USD
Estimated Monthly Salary: 2,544 USD
Estimated Weekly Salary: 587 USD per week
Estimated Hourly Salary: 15 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 2,754,455 INR
Estimated Monthly Salary: 229,538 INR
Estimated Weekly Salary: 52,970 INR per week
Estimated Hourly Salary: 1,324 INR per hour
By working as Vendor Relationship Manager a person can save up to 1,649 USD per month or 19,791 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 India, see costs of living in India.
Estimated Yearly Salary for Vendor Relationship Manager
Last revision of data: 2025-01-04
Data as of 2025
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Vendor Relationship Manager salary in India
Average Yearly Salary of Vendor Relationship Manager in India is approximately 2,754,455 INR (30,533 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 Relationship Manager do?
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.
Skills: Vendor management, Supplier relationship management, Procurement, Contract negotiation, Vendor performance evaluation, Stakeholder management
Job industry: Supply chain management
Job industry: Supply chain management
How much does Vendor Relationship Manager make?
Salary details
How much does Vendor Relationship Manager make?Estimated Yearly Salary: 2,754,455 INR
Estimated Monthly Salary: 229,538 INR
Estimated Weekly Salary: 52,970 INR per week
Estimated Hourly Salary: 1,324 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,656,530 INREstimated Monthly Salary: 221,378 INR
Estimated Weekly Salary: 51,087 INR per week
Estimated Hourly Salary: 1,277 INR per hour
Last revision of data: 2024-01-07Vendor Relationship Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 30,533 USD
Estimated Monthly Salary: 2,544 USD
Estimated Weekly Salary: 587 USD per week
Estimated Hourly Salary: 15 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
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Country:
Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Relationship Manager job salary compared to average salary in India.
Comparison shows that a person working as Vendor Relationship Manager in India earns on average:
1.49 times the average salary (or 149% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Relationship Manager job salary compared to average salary in India.
Comparison shows that a person working as Vendor Relationship Manager in India earns on average:
1.49 times the average salary (or 149% of average salary).
Is Vendor Relationship Manager a well paid job?
Yes, our data shows that Vendor Relationship 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 Relationship Manager?
High salary for Vendor Relationship Manager would be somewhere between 3,029,901 INR and 3,993,960 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Vendor Relationship Manager in India?
Living in India the approximate monthly expenses are: 895 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: 2,754,455 INR
Estimated Monthly Salary: 229,538 INR
Estimated Weekly Salary: 52,970 INR per week
Estimated Hourly Salary: 1,324 INR per hour
By working as Vendor Relationship Manager a person can save up to 1,649 USD per month or 19,791 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 India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. 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 Relationship Manager
Pakistan is 2,163 USD
China is 17,592 USD
Nepal is 10,054 USD
Bangladesh is 3,860 USD
Afghanistan is 8,161 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 India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Senior nutritionist (2,794,764 INR per year, pre-tax.)
Labor relations consultant (3,289,753 INR per year, pre-tax.)
Senior statistician (3,915,244 INR per year, pre-tax.)
Legal office administrator (1,980,417 INR per year, pre-tax.)
Bookkeeping supervisor (1,422,818 INR per year, pre-tax.)
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The salary data on this site is designed for reference purposes only. We provide salary insights derived from multiple datasets, but cannot guarantee complete accuracy. Users should consistently cross-check salary details with other reliable sources before making career-related decisions. Fluctuations in salary figures may arise due to various circumstances, including location, experience, and industry. We do not extend any warranty regarding the completeness of the displayed salary information. Use of optisalary.com implies acknowledgment of these terms.