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Commodities Purchasing Manager Salary in Lovington, IL

How much does a Commodities Purchasing Manager make in Lovington, IL?

As of September 01, 2026, the average salary for a Commodities Purchasing Manager in Lovington, IL is $118,740 per year, which breaks down to an hourly rate of $57.

However, a Commodities Purchasing Manager's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $132,973
  • Majority Range (25th-75th percentile): $107,680 to $126,190
  • Entry-Level (10th percentile): $97,610
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View as table View as graph 25% $107,680 10% $97,610 90% $132,973 75% $126,190 $118,740 50%(Median) Didn’t find job title? Click

Commodities Purchasing Manager Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $126,190 $10,516 $2,427 $61
Average $118,740 $9,895 $2,283 $57
25th Percentile $107,680 $8,973 $2,071 $52
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Key Factors That Influence Commodities Purchasing Manager Salaries

A Commodities Purchasing 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, skills, and company size can directly affect your earning potential.

How Experience Level Affects Commodities Purchasing Manager Salaries?

Experience is a primary driver of a Commodities Purchasing 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:

  • Commodities Purchasing Specialist III (4-7 years): $84,718
  • Commodities Purchasing Specialist IV (7+ years): $112,024
  • Commodities Purchasing Manager (7+ years): $118,732
  • Commodities Purchasing Senior Manager (7+ years): $154,263
  • Commodities Purchasing Director (7+ years): $175,868
Job Role Years of Experience Average Salary
Commodities Purchasing Specialist III4-7 years$84,718
Commodities Purchasing Specialist IV7+ years$112,024
Commodities Purchasing Manager7+ years$118,732
Commodities Purchasing Senior Manager7+ years$154,263
Commodities Purchasing Director7+ years$175,868
$84,718 Commoditi...
$112,024 Commoditi...
$118,732 Commoditi...
$154,263 Commoditi...
$175,868 Commoditi...
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What Am I Worth?

Top Paying Cities for Commodities Purchasing Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $157,720
  • San Francisco: $155,990
  • Oakland: $152,700

What Skills Can Increase a Commodities Purchasing Manager's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 4.44% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Commodity Management (Mentioned in 2.6% Job Postings): Commodity Management is the process of developing a systematic approach to the entire usage cycle for a group of items. The term is often used interchangeably with Category Management. It is generally considered as one aspect of the Procurement Management toolkit, and frequently used in combination with other tools – such as 'two-by-four-box' analysis, looking at the strategic positioning of that commodity with respect to an organisation and its supplier. This may then be further developed with Supplier Relationship Management (SRM), with designated Buyers managing key suppliers in given commodities. For more information on this topic, please consult: Supplier Relationship Management Procurement Category managementCommodity Management is also used in other contexts, as such managing dwindling availability of scarce resources. For this context, please see: Resource management
  • Contract Management (Mentioned in 1.15% Job Postings): Managing agreements, from their creation to execution by the chosen party and the eventual termination of the contract.
See More Skills
Skills Demand Percentage
Analysis 4.44%
Commodity Management 2.6%
Contract Management 1.15%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Commodities Purchasing Manager's salary.
  • Hard Working: Can increase your salary by up to 6%.
  • Contract Negotiation: Can increase your salary by up to 6%.
  • Commodity Management: Can increase your salary by up to 6%.
Skill Salary Salary % Increase
Hard Working
$125,864
6%
Contract Negotiation
$125,864
6%
Commodity Management
$125,864
6%
Facilitation
$124,677
5%
Influencing
$124,677
5%
Supplier Management
$123,490
4%
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Commodities Purchasing Manager Salary by Company Size: Startups vs. Enterprise

Commodities Purchasing Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $132,697. While startup companies pay approximate $112,248.

Commodities Purchasing Manager Salary by Company Size

Company Size Employees Average Salary
Startup1~50$112,248
Growth Stage51~500$118,714
Established501~5000$128,136
Enterprise5000+$132,697

Commodities Purchasing Manager Salary by Industry: Top Paying Sectors

For Commodities Purchasing Manager roles, the industry you choose can affect earning potential by as much as 62% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Financial Services sectors offer the strongest compensation, at 32% above the average. In contrast, Commodities Purchasing Manager positions in Edu., Gov't. & Nonprofit or Hospitality & Leisure typically offer lower base pay, as these industries often view Commodities Purchasing Manager as a support function rather than a direct revenue driver.

The top paying industries for a Commodities Purchasing Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Software & Networking$157,330$76.032%
Financial Services$148,425$71.025%
Pharmaceuticals$148,425$71.025%
Biotechnology$142,488$69.020%
Internet$139,520$67.018%

Commodities Purchasing Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Commodities Purchasing 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 September 01, 2026

Commodities Purchasing Manager Salary Growth & Career Path

For a Commodities Purchasing Manager, the most direct path to higher earnings is advancing to the Commodities Purchasing Senior Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $154,300 - a projected growth of 30% over your current level.

Find Your Next Commodities Purchasing Manager Job

Ready to take the next step in your career? Browse thousands of current Commodities Purchasing Manager job openings on our job board. Use the search bar below to find your perfect match.

United States
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