How much does a Commodity Buyer III make in Minnesota? The average Commodity Buyer III salary in Minnesota is $95,257 as of March 26, 2024, but the range typically falls between $88,393 and $102,863. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Commodity Buyer III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commodity Buyer III Salary $82,143 MN March 26, 2024
25th Percentile Commodity Buyer III Salary $88,393 MN March 26, 2024
50th Percentile Commodity Buyer III Salary $95,257 MN March 26, 2024
75th Percentile Commodity Buyer III Salary $102,863 MN March 26, 2024
90th Percentile Commodity Buyer III Salary $109,787 MN March 26, 2024
25% $88,393 10% $82,143 90% $109,787 75% $102,863 $95,257 50%(Median) Didn’t find job title? Click
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What skills does a Commodity Buyer III need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

ERP: Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.

3.

ERP Systems: Leveraging advanced tools and software systems to automate and manage core business functions cost-effectively to maximize performance.

Analysis 4.5%
ERP 1.74%
ERP Systems 1.01%
Others 92.75%

Job Description for Commodity Buyer III

Commodity Buyer III purchases raw materials used to process and manufacture products or to conduct research or other business activities. Monitors and analyzes the commodities market, global economic conditions, and events to make informed purchase decisions. Being a Commodity Buyer III 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. Additionally, Commodity Buyer III 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. Typically requires a bachelor's degree in business, supply chain management or equivalent. Typically reports to a manager. The Commodity Buyer III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Commodity Buyer III typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commodity Buyer III in Minnesota

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Location Avg. Salary Date Updated
Location Lakeville, MN Avg. Salary $98,144 Date Updated March 26, 2024
Location Minnetonka, MN Avg. Salary $98,796 Date Updated March 26, 2024
Location Ada, MN Avg. Salary $87,994 Date Updated March 26, 2024
Location Adams, MN Avg. Salary $92,464 Date Updated March 26, 2024
Location Adolph, MN Avg. Salary $89,950 Date Updated March 26, 2024
Location Adrian, MN Avg. Salary $83,152 Date Updated March 26, 2024
Location Afton, MN Avg. Salary $98,051 Date Updated March 26, 2024
Location Ah Gwah Ching, MN Avg. Salary $89,391 Date Updated March 26, 2024
Location Aitkin, MN Avg. Salary $90,043 Date Updated March 26, 2024
Location Akeley, MN Avg. Salary $89,484 Date Updated March 26, 2024

Career Path for Commodity Buyer III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Commodity Buyer III, the first career path typically progresses to Buyer IV.

Additionally, the second career path typically starts with a Commodity Buyer IV position, and then progresses to Commodity Manager.

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Jobs with a similar salary range to Commodity Buyer III : Packaging Buyer, Commodities Broker

Commodity Buyer III Salary in Minnesota
Commodity Buyer III Salary Graph, Regional Distribution and Summary