Home > Salary > Nigeria > Sr. Vendor Management Associate
A Senior Vendor Management Associate is responsible for managing and maintaining relationships with vendors and suppliers on behalf of an organization. They ensure that the company's vendor policies and procedures are followed, negotiate contracts and agreements, and monitor vendor performance to ensure quality and timely delivery of goods and services. They collaborate with cross-functional teams to identify potential vendors, assess their capabilities, and select the most suitable ones. Additionally, they analyze vendor performance data, identify areas for improvement, and implement strategies to optimize vendor management processes. A Senior Vendor Management Associate also stays updated on industry trends, regulations, and best practices to enhance vendor selection and management strategies.
Estimated Yearly Salary: 6,060,561 NGN
Estimated Monthly Salary: 505,047 NGN
Estimated Weekly Salary: 116,549 NGN per week
Estimated Hourly Salary: 2,914 NGN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 487,876 NGN
Estimated Weekly Salary: 112,587 NGN per week
Estimated Hourly Salary: 2,815 NGN per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 7,224 USD
Estimated Monthly Salary: 602 USD
Estimated Weekly Salary: 139 USD per week
Estimated Hourly Salary: 3 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: 6,060,561 NGN
Estimated Monthly Salary: 505,047 NGN
Estimated Weekly Salary: 116,549 NGN per week
Estimated Hourly Salary: 2,914 NGN per hour
By working as Sr. Vendor Management Associate a person can save up to 396 USD per month or 4,757 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 Nigeria, see costs of living in Nigeria.
Estimated Yearly Salary for Sr. Vendor Management Associate
Last revision of data: 2025-01-04
Data as of 2025
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Sr. Vendor Management Associate salary in Nigeria
Average Yearly Salary of Sr. Vendor Management Associate in Nigeria is approximately 6,060,561 NGN (7,224 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 Sr. Vendor Management Associate do?
A Senior Vendor Management Associate is responsible for managing and maintaining relationships with vendors and suppliers on behalf of an organization. They ensure that the company's vendor policies and procedures are followed, negotiate contracts and agreements, and monitor vendor performance to ensure quality and timely delivery of goods and services. They collaborate with cross-functional teams to identify potential vendors, assess their capabilities, and select the most suitable ones. Additionally, they analyze vendor performance data, identify areas for improvement, and implement strategies to optimize vendor management processes. A Senior Vendor Management Associate also stays updated on industry trends, regulations, and best practices to enhance vendor selection and management strategies.
Skills: Vendor Management, Supplier Relationship, Contract Negotiation, Performance Monitoring, Vendor Selection, Process Optimization.
Job industry: Vendor management
Job industry: Vendor management
How much does Sr. Vendor Management Associate make?
Salary details
How much does Sr. Vendor Management Associate make?Estimated Yearly Salary: 6,060,561 NGN
Estimated Monthly Salary: 505,047 NGN
Estimated Weekly Salary: 116,549 NGN per week
Estimated Hourly Salary: 2,914 NGN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,854,508 NGNEstimated Monthly Salary: 487,876 NGN
Estimated Weekly Salary: 112,587 NGN per week
Estimated Hourly Salary: 2,815 NGN per hour
Last revision of data: 2024-01-05Sr. Vendor Management Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,224 USD
Estimated Monthly Salary: 602 USD
Estimated Weekly Salary: 139 USD per week
Estimated Hourly Salary: 3 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
Nigeria is a country located in West Africa. It is the most populous country on the African continent, with a population of over 200 million people. The country covers an area of about 923,768 square kilometers, making it the 32nd largest country in the world. Nigeria shares borders with Niger, Chad, Cameroon, and Benin.
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Sr. Vendor Management Associate job salary compared to average salary in Nigeria.
Comparison shows that a person working as Sr. Vendor Management Associate in Nigeria earns on average:
1.54 times the average salary (or 154% of average salary).
Estimated national average yearly salary is 3,943,871 NGN (5,140 USD). Value indicated is pre-tax. Below graph shows estimated Sr. Vendor Management Associate job salary compared to average salary in Nigeria.
Comparison shows that a person working as Sr. Vendor Management Associate in Nigeria earns on average:
1.54 times the average salary (or 154% of average salary).
Is Sr. Vendor Management Associate a well paid job?
Yes, our data shows that Sr. 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 Sr. Vendor Management Associate?
High salary for Sr. Vendor Management Associate would be somewhere between 6,666,617 NGN and 8,787,813 NGN. However this is an estimation based on Gaussian Distribution.How much can you save working as Sr. Vendor Management Associate in Nigeria?
Living in Nigeria the approximate monthly expenses are: 206 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: 6,060,561 NGN
Estimated Monthly Salary: 505,047 NGN
Estimated Weekly Salary: 116,549 NGN per week
Estimated Hourly Salary: 2,914 NGN per hour
By working as Sr. Vendor Management Associate a person can save up to 396 USD per month or 4,757 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 Nigeria, see costs of living in Nigeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Niger, Chad, Cameroon, Benin. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Sr. Vendor Management Associate
Cameroon is 2,338 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 Nigeria
(44,763,887 NGN per year, pre-tax.)
2. Cardiologist
(37,279,896 NGN per year, pre-tax.)
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4. Neurosurgeon
(35,033,176 NGN per year, pre-tax.)
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(34,175,491 NGN per year, pre-tax.)
7. Oncologist
(34,169,925 NGN per year, pre-tax.)
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10. Plastic surgeon
(34,129,168 NGN per year, pre-tax.)
Data as of 2025Random salary:
Organizational development specialist (4,456,420 NGN per year, pre-tax.)
Telecommunications line installer repairer (3,546,670 NGN per year, pre-tax.)
Referee (4,252,873 NGN per year, pre-tax.)
National director (8,384,244 NGN per year, pre-tax.)
Unix developer (7,191,974 NGN per year, pre-tax.)
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