Pay for Commodities Sourcing Managers in the United States sits in the ballpark of $76K annually. Men account for the majority of Commodities Sourcing Managers who responded to the questionnaire — 60 percent to be exact. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Most Commodities Sourcing Managers report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.
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$58,724 - $101,037
(Median)
$59K
$76K
$100K
MEDIAN: $75,953
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
$58,724 - $101,037  
   
Bonus
$0.00 - $14,298  
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).
)
$59,598 - $112,438  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 48
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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.

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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.


Relatively untried employees who have less than five years' experience have a median salary of $73K. Those who have been around for five to 10 years can expect to take home more — $80K on average. Commodities Sourcing Managers with one to two decades of relevant experience report an average salary of approximately $87K. For some reason, Commodities Sourcing Managers with more than two decades of experience report lower paychecks overall; the median sum in this group sits near $83K.

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Experience Affects Commodities Sourcing Manager Salaries

Experienced
up arrow 8%

Late-Career
up arrow 4%

National Average
$80,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
2%
1-4 years
38%
5-9 years
23%
10-19 years
23%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 73%
medical benefits
Vision: 62%
dental benefits
None: 8%
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