1. What is the average salary of a Commodity Buyer I?
The average annual salary of Commodity Buyer I is $62,930.
In case you are finding an easy salary calculator,
the average hourly pay of Commodity Buyer I is $30;
the average weekly pay of Commodity Buyer I is $1,210;
the average monthly pay of Commodity Buyer I is $5,244.
2. Where can a Commodity Buyer I earn the most?
A Commodity Buyer I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Commodity Buyer I earns the most in San Jose, CA, where the annual salary of a Commodity Buyer I is $78,977.
3. What is the highest pay for Commodity Buyer I?
The highest pay for Commodity Buyer I is $71,438.
4. What is the lowest pay for Commodity Buyer I?
The lowest pay for Commodity Buyer I is $56,290.
5. What are the responsibilities of Commodity Buyer I?
Commodity Buyer I 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 I 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 I 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 I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commodity Buyer I typically requires 0-2 years of related experience.