How much does a Commodity Buyer III make in the United States? The average Commodity Buyer III salary in the United States is $93,823 as of June 27, 2024, but the range typically falls between $87,063 and $101,311. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Commodity Buyer III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commodity Buyer III Salary $80,908 US June 27, 2024
25th Percentile Commodity Buyer III Salary $87,063 US June 27, 2024
50th Percentile Commodity Buyer III Salary $93,823 US June 27, 2024
75th Percentile Commodity Buyer III Salary $101,311 US June 27, 2024
90th Percentile Commodity Buyer III Salary $108,129 US June 27, 2024
25% $87,063 10% $80,908 90% $108,129 75% $101,311 $93,823 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%
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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

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.

Those that have already made the climb...
Todd O'Malley, EVP, Chief Operating Officer
Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States. The company operates through three segments: Refining, Logistics, and Retail. The Refining segment processes crude oil and other feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asp... More
Fiscal Year Ended in 2022
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Commodity Buyer III salary varies from city to city. Compared with national average salary of Commodity Buyer III, the highest Commodity Buyer III salary is in San Francisco, CA, where the Commodity Buyer III salary is 25.0% above. The lowest Commodity Buyer III salary is in Miami, FL, where the Commodity Buyer III salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
87063
101311
93823

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
89763
105475
97402
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commodity Buyer III in the United States. The base salary for Commodity Buyer III ranges from $87,063 to $101,311 with the average base salary of $93,823. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $89,763 to $105,475 with the average total cash compensation of $97,402.
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87063
101311

 

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Skills associated with Commodity Buyer III: Negotiation, Economic Research, Procurement, Commodity Management ...More

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Commodity Buyer III Salary in United States
Commodity Buyer III Salary Graph, Regional Distribution and Summary