1. What is the average salary of a Commodity Buyer II?
The average annual salary of Commodity Buyer II is $75,470.
In case you are finding an easy salary calculator,
the average hourly pay of Commodity Buyer II is $36;
the average weekly pay of Commodity Buyer II is $1,451;
the average monthly pay of Commodity Buyer II is $6,289.
2. Where can a Commodity Buyer II earn the most?
A Commodity Buyer II'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 II earns the most in San Jose, CA, where the annual salary of a Commodity Buyer II is $94,714.
3. What is the highest pay for Commodity Buyer II?
The highest pay for Commodity Buyer II is $87,034.
4. What is the lowest pay for Commodity Buyer II?
The lowest pay for Commodity Buyer II is $64,163.
5. What are the responsibilities of Commodity Buyer II?
Commodity Buyer II 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 II 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 II 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 II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Commodity Buyer II typically requires 2 -4 years of related experience.
6. What are the skills of Commodity Buyer II
Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.
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Supply Chain Management: In commerce, supply-chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption. Interconnected or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain. Supply-chain management has been defined as the "design, planning, execution, control, and monitoring of supply-chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally." SCM practice draws heavily from the areas of industrial engineering, systems engineering, operations management, logistics, procurement, information technology, and marketing and strives for an integrated approach.[citation needed] Marketing channels play an important role in supply-chain management. Current research in supply-chain management is concerned with topics related to sustainability and risk management, among others. Some suggest that the “people dimension” of SCM, ethical issues, internal integration, transparency/visibility, and human capital/talent management are topics that have, so far, been underrepresented on the research agenda.
3.)
Accounting: Creating financial statements and reports based on the summary of financial and business transactions.