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Commodities Sourcing Manager Salary

Average Commodities Sourcing Managers in the United States make around $77K annually. Most workers in this position report high levels of job satisfaction. Women Commodities Sourcing Managers who took the survey just slightly outnumber men. Nearly all report receiving medical coverage from their employers and most collect dental insurance. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$55,081 - $110,870
(Median)
$55K
$77K
$110K
MEDIAN: $76,566
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$55,081 - $110,870  
   
Bonus
$0.00 - $19,868  
Profit Sharing
$4,000 - $10,000  
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).
)
$57,472 - $123,954  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 93
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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

  • Build and maintain effective supplier and vendor relationships.
  • Maintain key performance metrics appropriate for each commodity category and suppliers.
  • 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.

Commodities Sourcing Manager Job Listings

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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.


Commodities Sourcing Managers with a lot of experience tend to enjoy higher earnings. Survey participants with less than five years' experience pocket $67K on average, but those with five to 10 years of experience enjoy a much bigger median of $91K. On average, Commodities Sourcing Managers make $92K following one to two decades on the job. Professionals with more than two decades of experience behind them enjoy a prosperous six-figure median salary of $122K.

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Experience Affects Commodities Sourcing Manager Salaries

Late-Career
up arrow 48%

Experienced
up arrow 11%

Mid-Career
up arrow 10%

National Average
$83,000

Entry-Level
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 15 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
1%
1-4 years
28%
5-9 years
34%
10-19 years
29%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 97% dental benefits Dental: 86%
vision benefits Vision: 65% employee benefits None: 3%
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