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%
$93,116
TOTAL 50%
$96,664
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)
Describes the manufacturing methods, operations software, machinery, and labor processes.
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Level 2 Behaviors
(Light Experience)
Conducts material review board (MRB) processes and tracks product nonconformance.
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Level 3 Behaviors
(Moderate Experience)
Handles workflow issues using manufacturing processes to identify the root cause of problems.
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Level 4 Behaviors
(Extensive Experience)
Interprets blueprints and specifications and selects the correct materials, tools, and manufacturing processes.
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Level 5 Behaviors
(Mastery)
Creates refined processes and protocols for the organization to boost manufacturing efficiency.
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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)
Describes the basic functionality of general ERP systems.
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Level 2 Behaviors
(Light Experience)
Gathers user requirements for current ERP business systems.
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Level 3 Behaviors
(Moderate Experience)
Executes ERP resource planning and configuration in accordance with our solution architecture designs.
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Level 4 Behaviors
(Extensive Experience)
Directs ERP migration and implementation to enhance business visibility and transparency.
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Level 5 Behaviors
(Mastery)
Builds ERP structures and systems to enable a collaboration-based and data-driven work environment.
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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)
Describes the processes and practices used in contract negotiation.
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Level 2 Behaviors
(Light Experience)
Carries out contract negotiations with assigned accounts.
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Level 3 Behaviors
(Moderate Experience)
Executes contract negotiations to achieve the quotas for the given customer base.
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Level 4 Behaviors
(Extensive Experience)
Drives the alignment of contract negotiations to minimize financial, legal, and operational risks.
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Level 5 Behaviors
(Mastery)
Creates criteria in contract negotiation to reduce operational costs.
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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)
Describes the importance of gathering relevant information in making informed business decisions.
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Level 2 Behaviors
(Light Experience)
Checks multiple sources to get complete and accurate information.
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Level 3 Behaviors
(Moderate Experience)
Asks questions and gathers the necessary information to make informed business decisions.
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Level 4 Behaviors
(Extensive Experience)
Monitors the overall process of records retention programs.
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Level 5 Behaviors
(Mastery)
Designs a system for monitoring the effectiveness of data-gathering channels.
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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)
Assists in designing strategies for overcoming arising financial constraints in our business.
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Level 3 Behaviors
(Moderate Experience)
Leads in calculating overhead correctly to support developing pricing strategies.
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Level 4 Behaviors
(Extensive Experience)
Establishes a working environment that encourages and fosters fiscal responsibility.
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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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