Commodities Sourcing Manager Salary

For Commodities Sourcing Managers, annual average wages total $75K per year. Medical benefits are awarded to almost all, and a large number earn dental coverage. Job satisfaction for Commodities Sourcing Managers is high. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 57 percent. The information for this snapshot was generated by responses to the PayScale salary survey.
Read More
$54,519 - $109,264
(Median)
$55K
$75K
$110K
MEDIAN: $74,753
10%
50%
90%

Add this chart to your site: 640px    300px

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
$54,519 - $109,264  
   
Bonus
$0.00 - $19,267  
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).
)
$56,692 - $122,302  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 89
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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

Search for more jobs:


Pay by Experience Level for Commodities Sourcing Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Commodities Sourcing Managers, more experience generally translates to higher pay. Relatively untried employees who have less than five years' experience make $66K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $91K. For Commodities Sourcing Managers, 10 to 20 years of experience on the job amounts to an average salary of $91K. Professionals who achieve more than 20 years of experience generally enjoy cushy salaries; their median compensation sits in the ballpark of $122K, a plump six-figure sum.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Commodities Sourcing Manager Salaries

Late-Career
up arrow 50%

Experienced
up arrow 13%

Mid-Career
up arrow 12%

National Average
$81,000

Entry-Level
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
57 %
Male
43 %

Years of Experience

Less than 1 year
1%
1-4 years
29%
5-9 years
35%
10-19 years
29%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 96% dental benefits Dental: 84%
vision benefits Vision: 63% employee benefits None: 4%
ADVERTISEMENT