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What does a Supplier Manager earn?
On average, Supplier Managers earn around £50,600 per year in the UK. Their role focuses on overseeing the relationships between the company and their suppliers. They are responsible for managing the contracts and negotiating better deals, as well as monitoring and assessing suppliers' performance. Furthermore, they can help find new sources of supply and implement procedures that ensure compliance and quality in the products and services being purchased.
How to earn more as a Supplier Manager
If you want to become a Supplier Manager, it may help to have a degree or qualification in supply chain management, business, or a related field. Alternatively, you could consider a degree apprenticeship for a practical approach to learning. To increase your earning potential, you could move into a specialised area such as strategic sourcing or category management. You could also become self-employed and provide services as a consultant, or even set up your own supplier business. The top-earning Supplier Managers can earn more than £77,500 a year.
Min: £27,561.00 Max: £77,500.00
Average Supplier Manager Salary in UK : £50,567.23
Read about Supplier Manager salaries, related jobs and salary information across the UK
Supplier Manager Salary data from the ONS
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Age Group
Recommended Supplier Manager Jobs in UK
Average Salary for Supplier Manager compared to similar jobs
Related Jobs
View salaries for similar jobs.
| Job Title | UK Average |
|---|---|
| Customer Retentions Advisor Salary in UK | £18,619.10 |
| Account Manager Salary in UK | £20,878.26 |
| Account Executive Salary in UK | £21,812.37 |
| Product Owner Salary in UK | £23,878.23 |
| Relationship Manager Salary in UK | £25,315.76 |
| Customer Account Manager Salary in UK | £28,697.53 |
| Services Account Executive Salary in UK | £31,455.87 |
| Enterprise Account Executive Salary in UK | £31,808.15 |
| Insurance Account Handler Salary in UK | £32,348.39 |
| Customer Success Manager Salary in UK | £34,589.84 |
| Accounts Manager Salary in UK | £35,853.79 |
| Account Director Salary in UK | £38,230.96 |
| Sales Account Manager Salary in UK | £40,486.62 |
| Wholesale Account Manager Salary in UK | £41,633.60 |
| Product Manager Salary in UK | £43,140.49 |
Salary by Region
Compare Supplier Manager salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £53,909.91 |
| Wales | £44,081.49 |
| East Midlands | £48,483.82 |
| Eastern | £49,012.05 |
| London | £62,922.42 |
| North East | £47,861.39 |
| North West | £45,903.65 |
| South East | £46,686.17 |
| South West | £51,272.06 |
| West Midlands | £50,813.84 |
| Yorkshire and the Humber | £44,491.01 |
Annual Job Ads by Region
Understanding the Average Supplier Manager Salary in the UK
As a Supplier Manager in the UK, it's important to have a clear understanding of the average salary in this role. According to average Sales salaries, the average salary for a Supplier Manager in the UK is £50,600 per year. This figure can vary depending on factors such as experience, location, and the size of the company you work for.
Salary Expectations for Newly Qualified Supplier Manager
If you're just starting out as a Supplier Manager, it's natural to wonder what salary you can expect. To get an idea of the current market rates, you can explore the latest job listings on job search websites. These platforms often provide salary ranges for different levels of experience, allowing you to gauge your earning potential as a newly qualified Supplier Manager.
Salaries for Experienced Supplier Manager
As you gain more experience in the role of a Supplier Manager, your earning potential is likely to increase. Experienced Supplier Managers in the UK can earn anywhere between £27,600 and £77,500 per year. This range takes into account factors such as industry expertise, managerial responsibilities, and the overall performance of the company.
Creating a Supplier Manager CV
When applying for a Supplier Manager position, having a well-crafted CV is essential. To make the process easier, you can use a CV template specifically designed for Supplier Managers. This template will help you highlight your relevant skills, experience, and achievements in a professional and organized manner, increasing your chances of landing the job.
Career Development Opportunities for Supplier Manager
As a Supplier Manager, there are various career development opportunities available to you. Whether it's pursuing additional certifications, attending industry conferences, or taking on leadership roles within your organization, investing in your professional growth can lead to higher earning potential and greater job satisfaction. For more guidance on how to advance your career as a Supplier Manager, you can seek career advice from industry experts.
Comprehensive Compensation for Supplier Manager
Aside from the base salary, Supplier Managers in the UK may also receive additional compensation in the form of bonuses, commissions, or profit-sharing. These incentives are often tied to performance metrics and can significantly boost your overall earnings. It's important to negotiate a comprehensive compensation package that aligns with your skills and contributions as a Supplier Manager.
Strategies for Increasing Your Salary as a Supplier Manager
If you're looking to increase your salary as a Supplier Manager, there are several strategies you can employ. These include consistently exceeding performance targets, taking on additional responsibilities, pursuing professional development opportunities, and actively seeking promotions or higher-level positions within your organization. By demonstrating your value and continuously improving your skills, you can position yourself for higher earning potential.
Professional Development and Earnings
Investing in your professional development as a Supplier Manager can have a direct impact on your earnings. By staying up-to-date with industry trends, acquiring new skills, and expanding your network, you can enhance your value as a professional and potentially command higher salaries. Consider attending relevant workshops, obtaining certifications, and participating in industry associations to stay ahead in your field.
Capitalising on Extra Hours and Duties
As a Supplier Manager, there may be opportunities to earn additional income by taking on extra hours or duties. This could involve overseeing special projects, providing consultancy services, or taking on temporary assignments. By demonstrating your flexibility and willingness to go above and beyond, you can not only increase your earning potential but also showcase your dedication and commitment to your role.
