As of March 01, 2025, the average annual salary for a Commodity Buyer III in the United States is $91,638. Salary.com reports that pay typically ranges from $85,498 to $98,128, with most professionals earning between $79,909 and $104,037.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $98,128 | $8,177 | $1,887 | $47 |
| Average | $91,638 | $7,637 | $1,762 | $44 |
| 25th Percentile | $85,498 | $7,125 | $1,644 | $41 |
An entry-level Commodity Buyer III with less than 1 year of experience earns about $89,036. With 1-2 years of experience, the average salary increases to $89,511. For 2-4 years of experience, the pay typically rises to $90,463. Senior-level professionals with 5-8 years of experience earn around $93,123, and those with over 8 years of experience can expect an average of $95,485.
| Levels | Salary |
|---|---|
| Entry Level Commodity Buyer III | $89,036 |
| Intermediate Level Commodity Buyer III | $89,511 |
| Senior Level Commodity Buyer III | $90,463 |
| Specialist Level Commodity Buyer III | $93,123 |
| Expert Level Commodity Buyer III | $95,485 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 1% |
| Top Level | 2% |
| Experienced | 4% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
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Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Commodity Buyer III compensation over the past six years. For example, the median salary increased from $88,889 in 2023 to approximately $87,873 in 2024. (For a detailed analysis of Commodity Buyer III salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Commodity Buyer III information for you to search for. Click on search button below to see Commodity Buyer III job openings or enter a new job title here.
Here are companies hiring for Commodity Buyer III and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $91,638 | 68.5% | ||
| Bonus | $3,775 | 2.8% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $7,299 | 5.5% | ||
| 401K/403B | $4,007 | 3.0% | ||
| Disability | $1,908 | 1.4% | ||
| Healthcare | $8,352 | 6.2% | ||
| Pension | $5,152 | 3.8% | ||
| Time Off | $11,743 | 8.8% | ||
| Total Compensation | $133,875 | 100% | ||
The average annual salary of Commodity Buyer III is $91,638. In case you are finding an easy salary calculator, the average hourly pay of Commodity Buyer III is $44; the average weekly pay of Commodity Buyer III is $1,762; the average monthly pay of Commodity Buyer III is $7,637.
A Commodity Buyer III'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 III earns the most in San Jose, CA, where the annual salary of a Commodity Buyer III is $115,006.
The highest pay for Commodity Buyer III is $104,037.
The lowest pay for Commodity Buyer III is $79,909.
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.
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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
ERP Systems: Leveraging advanced tools and software systems to automate and manage core business functions cost-effectively to maximize performance.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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