£41,199
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

£3,072

Bonus

£250

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Commodity Manager is {{pay}} per hour.

The average pay for a Commodity Manager is £41,199 per year.

£0.00
10%
£0.00
50%
£0.00
90%
MEDIAN £0.00
£30k
10%
£41k
50%
£57k
90%
MEDIAN £41,199
£29,882 - £57,118
£30K
£41K
£57K
MEDIAN: £41,199
10%
50%
90%
£0£60K
Salary £29,882 - £57,118
Bonus £582 - £5,068
Profit Sharing £250
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).
)
£30,707 - £60,957
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 14 Feb 2019
  • Individuals Reporting: 33

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.

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Commodity Manager Tasks
  • 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.
  • Research potential vendors and compare their products, prices, and services.
  • 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.

Commodity Manager Pay By Employer

$0$118K

$60,247

$100,927

$87,043

Commodity Manager Job Listings

Key Stats for Commodity Manager

Gender

Female
17 %
Male
83 %
1-4 years
21%
5-9 years
42%
10-19 years
27%
20 years or more
9%

Experience Affects Commodity Manager Salaries

National Average
₤44,000

Mid-Career
▼2%

Experienced
▼5%

Entry-Level
▼10%

Gender

Female
17 %
Male
83 %

Years of Experience

1-4 years
21%
5-9 years
42%
10-19 years
27%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 50%
dental benefits
Dental: 35%
vision benefits
Vision: 15%
no benefits
None: 45%