How much does a Commodity Director make in Michigan? The average Commodity Director salary in Michigan is $182,509 as of March 26, 2024, but the range typically falls between $169,706 and $192,097. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Commodity Director Salary | $158,050 | MI | March 26, 2024 |
25th Percentile Commodity Director Salary | $169,706 | MI | March 26, 2024 |
50th Percentile Commodity Director Salary | $182,509 | MI | March 26, 2024 |
75th Percentile Commodity Director Salary | $192,097 | MI | March 26, 2024 |
90th Percentile Commodity Director Salary | $200,825 | MI | March 26, 2024 |
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Commodity Director develops, implements, and maintains a commodity procurement and inventory strategy that supports a company's manufacturing supply chain. Implements policies and processes to purchase raw materials used to process and manufacture products or to conduct research or other business activities. Being a Commodity Director monitors and analyzes the commodities market, global economic conditions, and events to make informed purchase decisions. Identifies, evaluates, and monitors suppliers to develop reliable sourcing and ensure the quality and availability of required commodities. Additionally, Commodity Director leads bidding and contract negotiations to obtain the best pricing to meet commodity needs. Analyzes inventory levels, manufacturing schedules, and long-term business objectives to plan and manage purchases. Ensures compliance with all applicable regulations and standards governing the purchase and delivery of goods. Requires a bachelor's degree in business, supply chain management. Typically reports to senior management. The Commodity Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Commodity Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Taylor, MI | Avg. Salary $186,023 | Date Updated March 26, 2024 |
Location Acme, MI | Avg. Salary $174,003 | Date Updated March 26, 2024 |
Location Ada, MI | Avg. Salary $179,366 | Date Updated March 26, 2024 |
Location Addison, MI | Avg. Salary $185,838 | Date Updated March 26, 2024 |
Location Adrian, MI | Avg. Salary $183,064 | Date Updated March 26, 2024 |
Location Afton, MI | Avg. Salary $171,784 | Date Updated March 26, 2024 |
Location Ahmeek, MI | Avg. Salary $175,852 | Date Updated March 26, 2024 |
Location Akron, MI | Avg. Salary $171,969 | Date Updated March 26, 2024 |
Location Alanson, MI | Avg. Salary $171,784 | Date Updated March 26, 2024 |
Location Alba, MI | Avg. Salary $171,784 | Date Updated March 26, 2024 |
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
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Job Title Channel Sales Director | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Commodity Buyer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Commodity Buyer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Commodity Buyer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Commodity Buyer IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Commodity Director salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Commodity Director salary varies from category to category. Click below to see Commodity Director salary in different categories.
About Michigan Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th par....More
Skills associated with Commodity Director: Regulatory Compliance, Economic Research, Demand Forecasting, Contracts Management & Administration ...More
Jobs with a similar salary range to Commodity Director : Sourcing Lead