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Commodities Sourcing Manager Salary

An average Commodities Sourcing Manager in the United States can expect to take home roughly $80K per year. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 51 percent. Most Commodities Sourcing Managers report high levels of job satisfaction. Medical benefits are awarded to almost all, and nearly all earn dental coverage. The data in this summary comes from the PayScale salary survey.
$55,225 - $109,194
(Median)
55K
80K
100K
110K
MEDIAN: $80,346
10%
50%
75%
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
$55,225 - $109,194  
   
Bonus
$-0.49 - $19,771  
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).
)
$57,138 - $123,747  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 100
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

  • 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.


Workers in their first five years can expect to earn $68K, but people who have been around for five to 10 years earn a noticeably bigger sum of $96K. On average, Commodities Sourcing Managers make $95K following one to two decades on the job. Professionals with deep experience (more than 20 years) report prosperous salaries in six-figure territory; the median for this crowd is approximately $122K.

Related Job Salaries

Experience Affects Commodities Sourcing Manager Salaries

Late-Career
up arrow 41%

Mid-Career
up arrow 11%

Experienced
up arrow 9%

National Average
$86,000

Entry-Level
up arrow 21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
2%
1-4 years
25%
5-9 years
38%
10-19 years
27%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 98% dental benefits Dental: 91%
vision benefits Vision: 72% employee benefits None: 2%