Avg. Base Salary (USD)
The average salary for a Commodities Sourcing Manager is $87,386
What is the Pay by Experience Level for Commodities Sourcing Managers?
An early career Commodities Sourcing Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $78,775 based on 12 salaries. A mid-career Commodities Sourcing Manager with 5-9 years of experience earns an average total compensation of $88,248 based on 9 salaries. An …Read more
What Do Commodities Sourcing Managers Do?
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.
These managers develop and create administrative and operational …Read more
- 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.
- Build and maintain effective supplier and vendor relationships.
- Maintain key performance metrics appropriate for each commodity category and suppliers.