Commodities Purchasing Specialist I Salary in the United States

FAQ about Commodities Purchasing Specialist I

1. What industry pays the highest salary for Commodities Purchasing Specialist I?

The Software & Networking industry offers the highest average compensation for Commodities Purchasing Specialist I roles, with salaries approximately 14% above the market median.

2. How much do Best Buy specialists make?

As of January 7, 2025, the salary for a Commodities Purchasing Specialist ranges from $59,300 to $67,200 annually, with a mid-salary of $62,800. This translates to approximately $28.50 to $32.30 per hour, depending on experience and specific role within the company.

3. What is the highest salary in purchase department?

The highest salary for a Commodities Purchasing Specialist is $67,200. In the purchasing department, roles such as Purchase Officer, Senior Officer, and Senior Purchase Officer can offer competitive salaries, but specific figures may vary. The Commodities Purchasing Specialist role provides a solid salary range, with a minimum of $59,300 and a midpoint of $62,800.

4. Does commodities trading pay well?

Commodities trading can offer competitive salaries. For a Commodities Purchasing Specialist, the salary ranges from a minimum of $59,300 to a maximum of $67,200, with a midpoint of $62,800. This indicates a solid earning potential within the field, reflecting the importance of expertise in commodities management.

5. What does a commodity specialist do?

A commodity specialist, also known as a supply chain specialist, manages inventory purchases for a company. They research market costs, identify optimal suppliers, and negotiate pricing and contracts. The salary for this role typically ranges from $59,300 to $67,200, with a mid-point of $62,800, reflecting the expertise and responsibilities involved.

6. How much does a 4 year specialist make?

A Commodities Purchasing Specialist with four years of experience typically earns between $59,300 and $67,200 annually, with a mid-salary of around $62,800. While some cities like San Francisco and Santa Clara offer higher salaries, the average for this role remains within the specified range.

7. What is the average salary for a specialist in the US?

The average salary for a Commodities Purchasing Specialist in the United States ranges from $59,300 to $67,200, with a midpoint of $62,800. This reflects a competitive compensation structure for specialists in this field, highlighting the value of their expertise in the commodities market.