Home > Salary > Mexico > 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: 503,560 MXN
Estimated Monthly Salary: 41,963 MXN
Estimated Weekly Salary: 9,684 MXN per week
Estimated Hourly Salary: 242 MXN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 40,468 MXN
Estimated Weekly Salary: 9,339 MXN per week
Estimated Hourly Salary: 233 MXN per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 25,101 USD
Estimated Monthly Salary: 2,092 USD
Estimated Weekly Salary: 483 USD per week
Estimated Hourly Salary: 12 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: 503,560 MXN
Estimated Monthly Salary: 41,963 MXN
Estimated Weekly Salary: 9,684 MXN per week
Estimated Hourly Salary: 242 MXN per hour
By working as Vendor Relationship Manager a person can save up to 1,355 USD per month or 16,264 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 Mexico, see costs of living in Mexico.
Estimated Yearly Salary for Vendor Relationship Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Houseperson (182,595 MXN per year, pre-tax.)
Combined food preparation and serving worker including fast food (105,344 MXN per year, pre-tax.)
Vendor Relationship Manager salary in Mexico
Average Yearly Salary of Vendor Relationship Manager in Mexico is approximately 503,560 MXN (25,101 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: 503,560 MXN
Estimated Monthly Salary: 41,963 MXN
Estimated Weekly Salary: 9,684 MXN per week
Estimated Hourly Salary: 242 MXN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 485,620 MXNEstimated Monthly Salary: 40,468 MXN
Estimated Weekly Salary: 9,339 MXN per week
Estimated Hourly Salary: 233 MXN per hour
Last revision of data: 2024-01-08Vendor Relationship Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 25,101 USD
Estimated Monthly Salary: 2,092 USD
Estimated Weekly Salary: 483 USD per week
Estimated Hourly Salary: 12 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
Mexico, located in North America, is a vibrant country known for its rich culture and diverse landscapes. With a population of approximately 126 million people, it is the 11th most populous country in the world. Covering an area of about 1,964,375 square kilometers, Mexico is the 14th largest country globally.
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Relationship Manager job salary compared to average salary in Mexico.
Comparison shows that a person working as Vendor Relationship Manager in Mexico earns on average:
1.52 times the average salary (or 152% of average salary).
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Relationship Manager job salary compared to average salary in Mexico.
Comparison shows that a person working as Vendor Relationship Manager in Mexico earns on average:
1.52 times the average salary (or 152% 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 553,916 MXN and 730,162 MXN. However this is an estimation based on Gaussian Distribution.How much can you save working as Vendor Relationship Manager in Mexico?
Living in Mexico the approximate monthly expenses are: 736 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: 503,560 MXN
Estimated Monthly Salary: 41,963 MXN
Estimated Weekly Salary: 9,684 MXN per week
Estimated Hourly Salary: 242 MXN per hour
By working as Vendor Relationship Manager a person can save up to 1,355 USD per month or 16,264 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 Mexico, see costs of living in Mexico.
Salary comparison to region and neighbouring coutries
Country's neighbours are: United States, Belize, Guatemala. 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
United States is 77,671 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 Mexico
(3,848,140 MXN per year, pre-tax.)
2. Cardiologist
(3,207,036 MXN per year, pre-tax.)
(3,089,000 MXN per year, pre-tax.)
(2,995,691 MXN per year, pre-tax.)
5. Neurosurgeon
(2,986,217 MXN per year, pre-tax.)
6. Urologist
(2,929,358 MXN per year, pre-tax.)
(2,929,338 MXN per year, pre-tax.)
8. Oncologist
(2,923,408 MXN per year, pre-tax.)
(2,918,043 MXN per year, pre-tax.)
(2,917,105 MXN per year, pre-tax.)
Data as of 2025Random salary:
Paralegal manager (561,880 MXN per year, pre-tax.)
Academic coach (235,116 MXN per year, pre-tax.)
Warehouse office manager (264,880 MXN per year, pre-tax.)
Houseperson (182,595 MXN per year, pre-tax.)
Combined food preparation and serving worker including fast food (105,344 MXN per year, pre-tax.)
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