As of May 18, 2021, the average salary for a Commodity Senior Manager in the United States is $162,351 per year, which breaks down to an hourly rate of $78.
However, a Commodity Senior Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Commodity Senior Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Commodity Senior Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Commodity Buyer III | 4-7 years | $89,174 |
| Commodity Buyer IV | 7+ years | $117,917 |
| Commodity Manager | 7+ years | $124,990 |
| Commodity Senior Manager | 7+ years | $162,351 |
| Commodity Director | 7+ years | $185,119 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Commodity Senior Managers. For example, consider the average annual salaries in these key locations:
Understanding how a Commodity Senior Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 18, 2021For a Commodity Senior Manager, the most direct path to higher earnings is advancing to the Commodity Director role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $185,119 - a projected growth of 14% over your current level.
Salaries for a Commodity Senior Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $139,706 in 2023 to around $135,274 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Commodity Senior Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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| 2023 | $139,706 |
| 2024 | $137,434 |
| 2025 | $135,274 |
| 2026 |
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| 2027 |
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A Commodity Senior Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Commodity Senior Manager earns the most in San Jose, CA, where the annual salary of a Commodity Senior Manager is $204,773.
The highest pay for Commodity Senior Manager is $184,762.
The lowest pay for Commodity Senior Manager is $138,499.
Implements a commodity procurement and inventory strategy that supports a company's manufacturing supply chain. Manages the policies and processes to purchase raw materials required to process and manufacture products, conduct research, or enable other business activities. Monitors and analyzes the commodities market, global economic conditions, and events to make informed purchase decisions. Identifies, evaluates, and monitors suppliers and develops relationships to provide reliable sourcing and ensure the quality and availability of required commodities. Oversees bidding and contract negotiations to obtain the best pricing to meet commodity needs. Analyzes inventory levels, manufacturing schedules, and long-term business objectives to plan and manage purchases. Ensures compliance with all applicable regulations and standards governing the purchase and delivery of goods. Requires a bachelor's degree in business, supply chain management or equivalent. Typically reports to a director. Typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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