How much does a Commodity Manager make in Bakersfield, CA? The average Commodity Manager salary in Bakersfield, CA is $137,069 as of February 26, 2024, but the range typically falls between $127,533 and $148,431. 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 Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commodity Manager Salary $118,851 Bakersfield,CA February 26, 2024
25th Percentile Commodity Manager Salary $127,533 Bakersfield,CA February 26, 2024
50th Percentile Commodity Manager Salary $137,069 Bakersfield,CA February 26, 2024
75th Percentile Commodity Manager Salary $148,431 Bakersfield,CA February 26, 2024
90th Percentile Commodity Manager Salary $158,775 Bakersfield,CA February 26, 2024
25% $127,533 10% $118,851 90% $158,775 75% $148,431 $137,069 50%(Median) Didn’t find job title? Click
Change Search Criteria

What skills does a Commodity Manager 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.

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.

Supplier Management: Supplier relationship management (SRM) is the discipline of strategically planning for, and managing, all interactions with third party organizations that supply goods and/or services to an organization in order to maximize the value of those interactions. In practice, SRM entails creating closer, more collaborative relationships with key suppliers in order to uncover and realize new value and reduce risk of failure.

Analysis 4.23%
Supply Chain Management 1.62%
Supplier Management 1.03%
Others 93.12%

Job Description for Commodity Manager

Commodity Manager implements a commodity procurement and inventory strategy that supports a company's manufacturing supply chain. Manages the policies and processes to purchase raw materials required to process and manufacture products, conduct research, or enable other business activities. Being a Commodity Manager monitors and analyzes the commodities market, global economic conditions, and events to make informed purchase decisions. Identifies, evaluates, and monitors suppliers and develops relationships to provide reliable sourcing and ensure the quality and availability of required commodities. Additionally, Commodity Manager oversees 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 or equivalent. Typically reports to a director. The Commodity Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Commodity Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Commodity Manager.

Salary.com job board provides millions of Commodity Manager information for you to search for. Click on search button below to see Commodity Manager job openings or enter a new job title here.

Job Openings for Commodity Manager in Bakersfield, CA

Career Path for Commodity Manager

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 Manager, the upper level is Commodity Senior Manager and then progresses to Commodity Director.

Those that have already made the climb...
Dean Tinsley, Former Senior Vice President, Operations
Civitas Resources, Inc., an exploration and production company, focuses on the acquisition, development, and production of oil and natural gas in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado. The company was formerly known as Bonanza Creek Energy, Inc. Civitas R... More
Fiscal Year Ended in 2022
Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Commodity Manager

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Commodity Manager salary varies from city to city. Compared with national average salary of Commodity Manager, the highest Commodity Manager salary is in San Francisco, CA, where the Commodity Manager salary is 25.0% above. The lowest Commodity Manager salary is in Miami, FL, where the Commodity Manager salary is 2.9% 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
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Commodity Manager, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
127533
148431
137069

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
138111
163308
148726
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commodity Manager in Bakersfield, CA. The base salary for Commodity Manager ranges from $127,533 to $148,431 with the average base salary of $137,069. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $138,111 to $163,308 with the average total cash compensation of $148,726.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

127533
148431

 

Step 3 of 3

How much should you be paid?

About Bakersfield, California    Bakersfield is a city in and the county seat of Kern County, California, United States. It covers about 151 sq mi (390 km2) near the southern end of t....More

Bakersfield, California  area prices were up 2.5% from a year ago    View the Cost of Living in Bakersfield, California

Commodity Manager Salary in popular cities: Los AngelesSan DiegoSan Jose

Skills associated with Commodity Manager: Demand Forecasting, Inventory Management, Negotiation, Vendor Relationships ...More

Recently searched related titles: Senior Vendor Manager, Global Commodity Manager

Jobs with a similar salary range to Commodity Manager : Solution Owner, Senior Global Commodity Manager

Salary estimation for Commodity Manager at companies like : Young Nak College Ministry, Marion County Democratic Committee, Zeek Company LLC

Jobs with a similar salary range to Commodity Manager : Supplier Development Manager