Median pay for Commodities Sourcing Managers in the United States lies in the neighborhood of $77K annually. The majority of Commodities Sourcing Managers claim high levels of job satisfaction. Male Commodities Sourcing Managers are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 54 percent of the field. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a majority. This overview is based on answers to PayScale's salary questionnaire.
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$59,141 - $104,031
$59K
$77K
$100K
MEDIAN: $77,239
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$59,141 - $104,031  
   
Bonus
$0.00 - $17,452  
Profit Sharing
$3,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$59,180 - $115,221  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 47

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United States (change)

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Job Description for Commodities Sourcing Manager

Commodities sourcing managers are responsible for executing commodities and finding the best sources for client portfolios on behalf of their company. These individuals are in charge of managing vendor and client relationships to find the best cost/expense commodities ratios for customers and must have strong communication skills to interact with a variety of clients and find the best sourcing strategies for financial projects.

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Commodities Sourcing Manager Tasks

  • Implement and train employees on company best practices and ensure department-wide compliance.
  • Effectively manage team and ensure that established guidelines and benchmarks are met.
  • Build and maintain effective supplier and vendor relationships.
  • Maintain key performance metrics appropriate for each commodity category and suppliers.

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Pay by Experience Level for Commodities Sourcing Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Commodities Sourcing Managers, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Salaries for the relatively untried average out to around $72K, but survey participants with five to 10 years of experience earn a significantly higher median of $80K. The average pay reported by folks with 10 to 20 years of experience is around $85K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $87K.

Related Job Salaries

Key Stats for Commodities Sourcing Manager

Gender

Female
46 %
Male
54 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
034
Less than 1 year
2%
1-4 years
34%
5-9 years
23%
10-19 years
21%
20 years or more
19%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Commodities Sourcing Manager Salaries

Late-Career
up arrow 8%

Experienced
up arrow 6%

National Average
$80,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.

Gender

Female
46 %
Male
54 %

Years of Experience

Less than 1 year
2%
1-4 years
34%
5-9 years
23%
10-19 years
21%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 76%
vision benefits
Vision: 65%
dental benefits
None: 11%
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