The average salary for a Commodity Manager in United Kingdom is £43,023.
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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 order…Read more
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.
Popular Employer Salaries for Commodity Manager
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Popular Skills for Commodity Manager
Pay by Experience Level for Commodity Manager
An early career Commodity Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of £38,974 based on 6 salaries. A mid-career Commodity Manager with 5-9 years of experience earns an average total compensation of £42,510 based on 11 salaries. An experienced Commodity Manager with 10-19 years of experience earns an average total compensation of £43,960 based on 8 salaries.
Pay Difference by Location
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Years of Experience
This data is based on 25 survey responses.
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