Commodities Sourcing Manager Salary

For Commodities Sourcing Managers, annual average wages total $83K per year. The majority of workers are highly satisfied with their job. Making up 70 percent of those who took the survey, male Commodities Sourcing Managers greatly outnumber their female counterparts. A large number receive medical and dental insurance and most get vision plans. This report is based on answers to PayScale's salary questionnaire.
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$60,921 - $103,022
$61K
$83K
$100K
MEDIAN: $82,842
10%
50%
90%

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$0$116K
Salary $60,921 - $103,022
Bonus $0.00 - $16,000
Profit Sharing $3,000
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).
)
$60,921 - $116,095
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 52

Find Out Exactly What You Should Be Paid

United States (change)

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.

Commodities Sourcing Manager Job Listings

Pay by Experience Level for Commodities Sourcing Manager

Pay by Experience for a Commodities Sourcing Manager has a positive trend. An entry-level Commodities Sourcing Manager with less than 5 years of experience can expect to earn an average total compensation of $72,000 based on 20 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Commodities Sourcing Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $81,000 based on 14 salaries. An experienced Commodities Sourcing Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $93,000 based on 13 salaries. A Commodities Sourcing Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $87,000 based on 9 salaries.

Related Job Salaries

Key Stats for Commodities Sourcing Manager

Gender

Female
30 %
Male
70 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
Less than 1 year
2%
1-4 years
27%
5-9 years
21%
10-19 years
29%
20 years or more
21%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Commodities Sourcing Manager Salaries

Experienced
▲10%

Late-Career
▲3%

National Average
$84,000

Mid-Career
▼4%

Entry-Level
▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
21%
10-19 years
29%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 84%
vision benefits
Vision: 82%
no benefits
None: 8%
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