The average salary for a Mid-Career Commodities Sourcing Manager with Contract Negotiation skills is $85,000.
Commodities Sourcing Manager by
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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 ac…Read more
Commodities Sourcing Manager Tasks
- 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.
Commodities Sourcing Manager Job Listings
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 $81,952 based on 5 salaries. An experienced Commodities Sourcing Manager with 10-19 years of experience earns an average total compensation of $95,000 based on 9 salaries. In their late career (20 years and higher), employees earn an average total compensation of $95,497.
Years of Experience
This data is based on 20 survey responses.