Home > Salary > Latvia > Vendor Specialist
A vendor specialist is responsible for managing relationships with vendors and suppliers on behalf of an organization. They play a crucial role in ensuring the smooth flow of goods and services, negotiating contracts, and resolving any issues that may arise. Vendor specialists are responsible for sourcing new vendors, evaluating their products or services, and negotiating pricing and terms. They also monitor vendor performance, track delivery schedules, and address any quality or service-related concerns. Additionally, they work closely with internal teams such as procurement, sales, and operations to ensure that vendor relationships align with organizational goals and objectives.
Estimated Yearly Salary: 16,799 EUR
Estimated Monthly Salary: 1,400 EUR
Estimated Weekly Salary: 323 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,348 EUR
Estimated Weekly Salary: 311 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 16,738 USD
Estimated Monthly Salary: 1,395 USD
Estimated Weekly Salary: 322 USD per week
Estimated Hourly Salary: 8 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: 16,799 EUR
Estimated Monthly Salary: 1,400 EUR
Estimated Weekly Salary: 323 EUR per week
Estimated Hourly Salary: 8 EUR per hour
By working as Vendor Specialist a person can save up to 535 USD per month or 6,418 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 Latvia, see costs of living in Latvia.
Estimated Yearly Salary for Vendor Specialist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Facilities director (34,684 EUR per year, pre-tax.)
Operating engineer or other construction equipment operator (19,956 EUR per year, pre-tax.)
Grantscontracts specialist (17,115 EUR per year, pre-tax.)
Compliance specialist (18,152 EUR per year, pre-tax.)
Pharmacy purchasing manager (23,223 EUR per year, pre-tax.)
Vendor Specialist salary in Latvia
Average Yearly Salary of Vendor Specialist in Latvia is approximately 16,799 EUR (16,738 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 Specialist do?
A vendor specialist is responsible for managing relationships with vendors and suppliers on behalf of an organization. They play a crucial role in ensuring the smooth flow of goods and services, negotiating contracts, and resolving any issues that may arise. Vendor specialists are responsible for sourcing new vendors, evaluating their products or services, and negotiating pricing and terms. They also monitor vendor performance, track delivery schedules, and address any quality or service-related concerns. Additionally, they work closely with internal teams such as procurement, sales, and operations to ensure that vendor relationships align with organizational goals and objectives.
Skills: Vendor management, Supplier relationship, Contract negotiation, Procurement, Supplier evaluation, Supply chain management
Job industry: Retail
Job industry: Retail
How much does Vendor Specialist make?
Salary details
How much does Vendor Specialist make?Estimated Yearly Salary: 16,799 EUR
Estimated Monthly Salary: 1,400 EUR
Estimated Weekly Salary: 323 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 16,170 EUREstimated Monthly Salary: 1,348 EUR
Estimated Weekly Salary: 311 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Last revision of data: 2024-01-03Vendor Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 16,738 USD
Estimated Monthly Salary: 1,395 USD
Estimated Weekly Salary: 322 USD per week
Estimated Hourly Salary: 8 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
Compare salary to other countries
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Specialist job salary compared to average salary in Latvia.
Comparison shows that a person working as Vendor Specialist in Latvia earns on average:
0.86 times the average salary (or 86% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Specialist job salary compared to average salary in Latvia.
Comparison shows that a person working as Vendor Specialist in Latvia earns on average:
0.86 times the average salary (or 86% of average salary).
Is Vendor Specialist a well paid job?
Yes, our data show that Vendor Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Vendor Specialist?
High salary for Vendor Specialist would be somewhere between 18,479 EUR and 24,359 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Vendor Specialist in Latvia?
Living in Latvia the approximate monthly expenses are: 860 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: 16,799 EUR
Estimated Monthly Salary: 1,400 EUR
Estimated Weekly Salary: 323 EUR per week
Estimated Hourly Salary: 8 EUR per hour
By working as Vendor Specialist a person can save up to 535 USD per month or 6,418 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 Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. 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 Specialist
Estonia is 21,570 USD
Russia is 10,015 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 Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Facilities director (34,684 EUR per year, pre-tax.)
Operating engineer or other construction equipment operator (19,956 EUR per year, pre-tax.)
Grantscontracts specialist (17,115 EUR per year, pre-tax.)
Compliance specialist (18,152 EUR per year, pre-tax.)
Pharmacy purchasing manager (23,223 EUR per year, pre-tax.)
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