How much does a Commodity Director make in Providence, RI? The average Commodity Director salary in Providence, RI is $193,974 as of March 26, 2024, but the range typically falls between $180,367 and $204,163. 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.
Percentile | Salary | Location | Last Updated |
10th Percentile Commodity Director Salary | $167,978 | Providence,RI | March 26, 2024 |
25th Percentile Commodity Director Salary | $180,367 | Providence,RI | March 26, 2024 |
50th Percentile Commodity Director Salary | $193,974 | Providence,RI | March 26, 2024 |
75th Percentile Commodity Director Salary | $204,163 | Providence,RI | March 26, 2024 |
90th Percentile Commodity Director Salary | $213,440 | Providence,RI | 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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Commodity Director salary varies from city to city. Compared with national average salary of Commodity Director, the highest Commodity Director salary is in San Francisco, CA, where the Commodity Director salary is 25.0% above. The lowest Commodity Director salary is in Miami, FL, where the Commodity Director salary is 3.5% lower than national average salary.
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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.
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About Providence, Rhode Island The Providence city limits enclose a small geographical region with a total area of 20.5 square miles (53 km2); 18.5 square miles (48 km2) of it is la....More
Providence, Rhode Island area prices were up 1.6% from a year ago View the Cost of Living in Providence, Rhode Island
Commodity Director Salary in popular cities: Warwick, Cranston, Pawtucket
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