Skills & Competencies for Commodity Buyer III

Commodity Buyer III job profile

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JOB SUMMARY for Commodity Buyer III

Purchases raw materials used to process and manufacture products or to conduct research or other business activities.

JOB RESPONSIBILITIES for Commodity Buyer III

Monitors and analyzes the commodities market, global economic conditions, and events to make informed purchase decisions. Identifies, evaluates, and monitors suppliers to develop reliable sourcing and ensure the quality and availability of required commodities. Participates in 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. Complies with all applicable regulations and standards governing the purchase and delivery of goods.

Commodity Buyer III SALARY RANGE

BASE 50%
$93,823
TOTAL 50%
$97,402
Job Level
P03
Job Code
MM18000177
Education/Degree
Bachelor's Degree
Reports To
Manager

Commodity Buyer III Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Commodity Buyer III skill and competencie below to view definitions.
INDUSTRY COMPETENCIES JOB FAMILY COMPETENCIES CORE COMPETENCIES
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1 hard skill or competency (industry competency) for Commodity Buyer III

1 Industry Competency – Manufacturing Processes
Proficiency Level -2
Skill definition-Applying manufacturing methods, technologies and processes to execute, plan, manage and monitor the entire manufacturing process.
Level 1 Behaviors
(General Familiarity)
Identifies and lists the essential equipment and tools needed to perform manufacturing activities.
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Level 2 Behaviors
(Light Experience)
Supports processes to ensure alignment with good manufacturing practice (GMP) systems.
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Level 3 Behaviors
(Moderate Experience)
Recognizes manufacturing bottlenecks and recommends solutions to limit disruption.
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Level 4 Behaviors
(Extensive Experience)
Trains manufacturing teams in operating various machines and following related manufacturing processes.
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Level 5 Behaviors
(Mastery)
Monitors products and processes throughout manufacturing operations to support daily production.
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3 Commodity Buyer III - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Commodity Buyer III
Proficiency Level - 4
5 Competency for - Commodity Buyer III
Proficiency Level - 5

12 general skills or competencies (Job family competencies) for Commodity Buyer III

1 Job Family Competencies – Enterprise Resource Planning (ERP)
Proficiency Level -2
Skill definition-Managing and integrating business processes with a single system through an ERP system software to eliminate redundancies and boost productivity.
Level 1 Behaviors
(General Familiarity)
Lists the functions and features of various ERP-based planning tools.
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Level 2 Behaviors
(Light Experience)
Supports the implementation of ERP solutions to meet organizational and business priorities.
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Level 3 Behaviors
(Moderate Experience)
Participates in integrating ERP systems with other systems and platforms in our business.
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Level 4 Behaviors
(Extensive Experience)
Recommends industry-specific changes to enhance the ERP system in reducing data errors and business risks.
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Level 5 Behaviors
(Mastery)
Leads the implementation of enterprise resource plans to integrate core business processes and applications.
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2 Job Family Competencies – Contract Negotiation
Proficiency Level -3
Skill definition-Creating an agreement to legally binding terms to obtain favorable results.
Level 1 Behaviors
(General Familiarity)
Identifies the principles and procedures used in contract negotiation functions.
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Level 2 Behaviors
(Light Experience)
Locates possible issues during contract negotiations.
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Level 3 Behaviors
(Moderate Experience)
Uses appropriate contract negotiation strategies to align contract goals with the company objectives.
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Level 4 Behaviors
(Extensive Experience)
Trains staff on contract negotiations to achieve the best business outcomes.
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Level 5 Behaviors
(Mastery)
Mentors the overall teams to handle contract negotiations and drive revenue growth.
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3 Commodity Buyer III - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Commodity Buyer III
Proficiency Level - 4
5 Competency for - Commodity Buyer III
Proficiency Level - 5

8 soft skills or competencies (core competencies) for Commodity Buyer III

1 Core Competencies – Gathering Information
Proficiency Level -3
Skill definition-Accumulating necessary information from various resources to clarify the situation or make an informed business decision.
Level 1 Behaviors
(General Familiarity)
Names commonly used tools and techniques for data collection.
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Level 2 Behaviors
(Light Experience)
Obtains needed information by asking skillful and persistent questions.
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Level 3 Behaviors
(Moderate Experience)
Utilizes various tools and technologies to validate information acquired from different sources.
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Level 4 Behaviors
(Extensive Experience)
Synthesizes information from various sources to enable strategic decision-making by our leadership.
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Level 5 Behaviors
(Mastery)
Takes steps to ensure that the intellectual property rights of others are not violated.
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2 Core Competencies – Financial Acumen
Proficiency Level -2
Skill definition-Obtaining financial information and applying financial understanding to foster sound judgment and correct business decisions.
Level 1 Behaviors
(General Familiarity)
Describes the differences between bookkeeping and accounting.
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Level 2 Behaviors
(Light Experience)
Applies techniques to maximize profit and minimize losses that affect our business's financial status.
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Level 3 Behaviors
(Moderate Experience)
Handles challenges and unexpected budgetary issues and adheres to corporate policies.
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Level 4 Behaviors
(Extensive Experience)
Develops clear financial vision to guide employees in achieving organizational purpose and goals.
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Level 5 Behaviors
(Mastery)
Creates strategies to reach critical financial goals and business objectives.
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3 Commodity Buyer III - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Commodity Buyer III
Proficiency Level - 4
5 Competency for - Commodity Buyer III
Proficiency Level - 5

Summary of Commodity Buyer III skills and competencies

There are 1 hard skills for Commodity Buyer III, Manufacturing Processes.
12 general skills for Commodity Buyer III, Enterprise Resource Planning (ERP), Contract Negotiation, Commodity Management, etc.
8 soft skills for Commodity Buyer III, Gathering Information, Financial Acumen, Attention to Detail, etc.
While the list totals 21 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Commodity Buyer III, he or she needs to be skilled in Gathering Information, be proficient in Financial Acumen, and be skilled in Attention to Detail.

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