Commodity Manager Salary

A Commodity Manager earns an average salary of $81,647 per year.

$57,381 - $109,144
MEDIAN: $81,646

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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.
$57,381 - $109,144  
$1.07 - $14,755  
Profit Sharing
$389.16 - $9,956  
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).
$58,046 - $117,336  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 769
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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

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Pay Difference by Location

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Experience Affects Salaries

National Average

Skills That Affect Salaries

Contract Negotiation
up arrow 4%

Project Management
up arrow 4%

up arrow 2%

Supplier Management
up arrow 1%


National Average

Supply Chain
up arrow 8%

Inventory Management
up arrow 10%

Risk Management / Risk Control
up arrow 21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 128 votes.


34 %
66 %

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%
vision benefits Vision: 76% employee benefits None: 4%