$83,991
Avg. Salary
Avg. Hourly Rate
Help us gather more data! Is Commodity Manager your job title? Find out what you're worth.

The average pay for a Commodity Manager in Minneapolis, Minnesota is {{pay}} per hour.

The average pay for a Commodity Manager in Minneapolis, Minnesota is $83,991 per year.

10%
$0.00
10%
$0.00
50%
$0.00
90%
90%
MEDIAN $0.00
10%
$67k
10%
$84k
50%
$121k
90%
90%
MEDIAN $83,991
$66,906 - $121,212
$67K
$84K
$120K
MEDIAN: $83,991
10%
50%
90%

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$0$123K
Salary $66,906 - $121,212
Bonus $4,913
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).
)
$71,485 - $123,442
  • Country: United States
  • Currency: USD
  • Updated: 18 Apr 2019
  • Individuals Reporting: 20

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.

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.

About Minneapolis, Minnesota

Hennepin County, Minnesota
410,935
Male:
206,547 (50.3%)
Female:
204,388 (49.7%)
Minneapolis (/ˌmɪniˈæpəlɪs/) is the county seat of Hennepin County, and larger of the Twin Cities, the 16th-largest metropolitan area in the United States, containing about 3.5 million residents. As of 2015, Minneapolis is the largest city in the state of Minnesota and 46th-largest in the United States with a population of 410,939. Minneapolis and Saint Paul anchor the second-largest economic center in the Midwest, after Chicago. Minneapolis lies on both banks of the Mississippi River, just north of the river's confluence with the Minnesota River, and adjoins Saint Paul, the state's capital. The city is abundantly rich in water, with thirteen lakes, wetlands, the Mississippi River, creeks and waterfalls, many connected by parkways in the Chain of Lakes and the Grand Rounds National Scenic Byway. It was once the world's flour milling capital and a hub for timber. The city and surrounding region is the primary business center between Chicago and...
Minneapolis:
$54,571
Minnesota:
$63,488
$912
Minneapolis:
$227,500
Minnesota:
$200,000
4.3%

Commodity Manager Job Listings

Key Stats for Commodity Manager

Gender

Female
36 %
Male
64 %
1-4 years
10%
5-9 years
25%
10-19 years
40%
20 years or more
25%

Skills That Affect Commodity Manager Salaries

Procurement
▲22%

Project Management
▲17%

Negotiation
▲14%

Supplier Management
▲8%

Contract Negotiation
▲8%

National Average
$86,000

Gender

Female
36 %
Male
64 %

Years of Experience

1-4 years
10%
5-9 years
25%
10-19 years
40%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 94%
vision benefits
Vision: 94%
no benefits
None: