Home > Salary > Sri Lanka > Vendor Management Director
A Vendor Management Director is responsible for overseeing and managing the relationships with vendors and suppliers on behalf of an organization. They develop and implement vendor management strategies, negotiate contracts, and ensure that vendors meet the organization's requirements and standards. The Vendor Management Director collaborates with various departments to identify vendor needs, evaluate potential vendors, and select the most suitable ones. They also monitor vendor performance, resolve any issues or conflicts, and conduct regular vendor performance reviews. Additionally, they stay updated on market trends and industry best practices to optimize vendor selection and enhance overall vendor management processes.
Estimated Yearly Salary: 4,183,407 LKR
Estimated Monthly Salary: 348,617 LKR
Estimated Weekly Salary: 80,450 LKR per week
Estimated Hourly Salary: 2,011 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 337,718 LKR
Estimated Weekly Salary: 77,935 LKR per week
Estimated Hourly Salary: 1,948 LKR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 12,081 USD
Estimated Monthly Salary: 1,007 USD
Estimated Weekly Salary: 232 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 4,183,407 LKR
Estimated Monthly Salary: 348,617 LKR
Estimated Weekly Salary: 80,450 LKR per week
Estimated Hourly Salary: 2,011 LKR per hour
By working as Vendor Management Director a person can save up to 782 USD per month or 9,388 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 Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Vendor Management Director
Last revision of data: 2025-01-04
Data as of 2025
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Vendor Management Director salary in Sri Lanka
Average Yearly Salary of Vendor Management Director in Sri Lanka is approximately 4,183,407 LKR (12,081 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 Management Director do?
A Vendor Management Director is responsible for overseeing and managing the relationships with vendors and suppliers on behalf of an organization. They develop and implement vendor management strategies, negotiate contracts, and ensure that vendors meet the organization's requirements and standards. The Vendor Management Director collaborates with various departments to identify vendor needs, evaluate potential vendors, and select the most suitable ones. They also monitor vendor performance, resolve any issues or conflicts, and conduct regular vendor performance reviews. Additionally, they stay updated on market trends and industry best practices to optimize vendor selection and enhance overall vendor management processes.
Skills: Vendor Management, Supplier Relationship, Contract Negotiation, Vendor Selection, Performance Monitoring, Strategic Sourcing
Job industry: Management consulting
Job industry: Management consulting
How much does Vendor Management Director make?
Salary details
How much does Vendor Management Director make?Estimated Yearly Salary: 4,183,407 LKR
Estimated Monthly Salary: 348,617 LKR
Estimated Weekly Salary: 80,450 LKR per week
Estimated Hourly Salary: 2,011 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,052,613 LKREstimated Monthly Salary: 337,718 LKR
Estimated Weekly Salary: 77,935 LKR per week
Estimated Hourly Salary: 1,948 LKR per hour
Last revision of data: 2024-01-06Vendor Management Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 12,081 USD
Estimated Monthly Salary: 1,007 USD
Estimated Weekly Salary: 232 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Management Director job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Vendor Management Director in Sri Lanka earns on average:
2.34 times the average salary (or 234% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Vendor Management Director job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Vendor Management Director in Sri Lanka earns on average:
2.34 times the average salary (or 234% of average salary).
Is Vendor Management Director a well paid job?
Yes, our data show that Vendor Management Director is a very 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 Management Director?
High salary for Vendor Management Director would be somewhere between 4,601,748 LKR and 6,065,940 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Vendor Management Director in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 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: 4,183,407 LKR
Estimated Monthly Salary: 348,617 LKR
Estimated Weekly Salary: 80,450 LKR per week
Estimated Hourly Salary: 2,011 LKR per hour
By working as Vendor Management Director a person can save up to 782 USD per month or 9,388 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 Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. 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 Management Director
India is 48,073 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 Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Voice-over talent (2,399,785 LKR per year, pre-tax.)
Main banker (1,029,159 LKR per year, pre-tax.)
Facilities technician (1,602,887 LKR per year, pre-tax.)
Security dispatcher (1,209,965 LKR per year, pre-tax.)
Network technician it (1,324,791 LKR per year, pre-tax.)
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