A person working as a Vendor Analyst in United States of America will on average earn $64082 per year (pre-tax value). Salary is provided in USD ($/dollar) value.
Below is a break-down of yearly, monthly, weekly and hourly rate.
| Rate Type | Amount (USD) |
|---|---|
| Yearly salary | $64,082.00 |
| Weekly salary | $1,232.35 |
| Daily salary | $175.57 |
| Hourly salary | $21.95 |
This means vendor analyst salary is above average!
Job Industry: technology
Description: A vendor analyst is responsible for evaluating and managing relationships with vendors and suppliers on behalf of a company. They analyze vendor performance, negotiate contracts, and ensure compliance with agreed-upon terms and conditions. The vendor analyst conducts market research to identify potential vendors, evaluates their products or services, and makes recommendations to the procurement team. They also monitor vendor activities, track delivery schedules, and address any issues or disputes that may arise. Additionally, vendor analysts collaborate with internal stakeholders to understand business requirements and align vendor strategies accordingly. They stay updated on industry trends, pricing, and regulatory changes to optimize vendor selection and maximize cost savings for the organization.
Tagged with: Vendor management, Supplier relationship management, Contract negotiation, Market research, Compliance monitoring, Cost optimization