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Commodities Sourcing Manager Salary

Commodities Sourcing Managers in the United States take home an average $76K annually. Work is enjoyable for Commodities Sourcing Managers, who typically claim high levels of job satisfaction. Medical benefits are awarded to nearly all, and most earn dental coverage. Women Commodities Sourcing Managers who took the survey just slightly outnumber men. This report is based on answers to PayScale's salary questionnaire.
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$55,185 - $110,498
(Median)
$55K
$76K
$110K
MEDIAN: $76,067
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
$55,185 - $110,498  
   
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).
)
$57,589 - $123,842  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 94

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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

  • 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 rich background of experience are typically rewarded with larger paychecks. Those in the early stages of their career can expect to make around $67K; however, individuals with five to 10 years of experience bring in $90K on average — a distinctly larger sum. After working for 10 to 20 years, Commodities Sourcing Managers make a median salary of $92K. Old hands who claim more than two decades on the job enjoy average earnings of $122K.

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United States (change)

Experience Affects Commodities Sourcing Manager Salaries

Late-Career
up arrow 48%

Experienced
up arrow 12%

Mid-Career
up arrow 9%

National Average
$82,000

Entry-Level
up arrow 19%

Job Satisfaction

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

Gender

Female
53 %
Male
47 %

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: 66% employee benefits None: 3%
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