Commodities Sourcing Manager Salary

Median pay for Commodities Sourcing Managers in the United States lies in the neighborhood of $78K per year. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Job satisfaction for Commodities Sourcing Managers is high. Commodities Sourcing Managers who participated in the survey are largely men, dominating at 63 percent. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$58,725 - $104,340
$59K
$78K
$100K
MEDIAN: $77,948
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
$58,725 - $104,340  
   
Bonus
$0.00 - $16,000  
Profit Sharing
$3,500  
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).
)
$58,725 - $115,480  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 46

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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

  • 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.

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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.


Those who have worked for fewer than five years take home a median salary of $72K, and workers with five to 10 years of experience earn a higher $81K on average. Commodities Sourcing Managers bring in $93K after working for 10 to 20 years. 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 $87K.

Related Job Salaries

Key Stats for Commodities Sourcing Manager

Gender

Female
38 %
Male
63 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
Less than 1 year
2%
1-4 years
35%
5-9 years
22%
10-19 years
22%
20 years or more
20%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Commodities Sourcing Manager Salaries

Experienced
▲15%

Late-Career
▲8%

Mid-Career
▼0%

National Average
$81,000

Entry-Level
▼10%

Job Satisfaction

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

Gender

Female
38 %
Male
63 %

Years of Experience

Less than 1 year
2%
1-4 years
35%
5-9 years
22%
10-19 years
22%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 78%
vision benefits
Vision: 69%
dental benefits
None: 8%
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