Commodity Manager Salary

A Commodity Manager earns an average salary of $82,516 per year. A skill in Sourcing is associated with high pay for this job.

$58,387 - $110,702
MEDIAN: $82,516

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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.
$58,387 - $110,702  
$242.40 - $15,064  
Profit Sharing
$247.47 - $9,728  
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).
$59,088 - $119,602  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 833
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Job Description for Commodity Manager

The commodity manager is typically responsible for overseeing the purchasing and logistics staff. Their main objective is to ensure all departmental employees are providing high quality work and meeting all company standards. They also ensure that all purchasing requests are completed in an efficient manner, lead cost reduction initiatives, and oversee inventory management and material budgets. The commodity manager is also responsible for establishing approval guidelines for all purchase orders and makes sure that all purchasing procedures are followed. They also provide analysis on corporate suppliers and delegate tasks to subordinates as needed.


Commodity Manager Tasks

  • Negotiate contracts with commodity suppliers and set up terms for prices and delivery.
  • Conduct analyses of market conditions and trends and use this information to predict future supply needs.
  • Research potential vendors and compare their products, prices, and services.
  • Develop and implement strategies to create an efficient supply chain and reduce commodity purchase costs.
  • Work to minimize supplier risk by establishing strategies for risk evaluation.

Common Career Paths for Commodity Manager

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Commodity Manager Job Listings

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Popular Employer Salaries for Commodity Manager

Popular Skills for Commodity Manager

Pay by Experience Level for Commodity Manager

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

Pay Difference by Location

National Average: $86,126

Larger city markers indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Commodity Manager Salaries

National Average

Skills That Affect Commodity Manager Salaries

up arrow 34%

Contract Negotiation
up arrow 4%

Project Management
up arrow 4%

up arrow 3%

Supplier Management
up arrow 1%

up arrow 1%

National Average

up arrow 1%

Inventory Management
up arrow 7%

Supply Chain
up arrow 7%

Risk Management / Risk Control
up arrow 22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 137 votes.


31 %
69 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 90%
medical benefits
Vision: 76%
dental benefits
None: 4%