How Much Does a Commodity Product Manager make?

Commodity Product Manager made a median salary around $324,632 in December, 2024. The best-paid 25 percent made $356,192 probably that year, while the lowest-paid 25 percent made around $296,829. 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.
25% $296,829 10% $271,515 90% $384,926 75% $356,192 $324,632 50%(Median)
Check out Commodity Product Manager jobs in Indianapolis, Indiana

Engineer 1, Technical Product Sales Support

Comcast Corporation - INDIANAPOLIS, IN

Work from Home Free Product Testing

TrialSearch - Clarksville, IN

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Best-Paying Cities for Commodity Product Manager

The metropolitan areas that pay the highest salary in the Commodity Product Manager profession are Lowell , Hebron , Crown Point , Dyer , East Chicago .
Lowell, IN $334,975
Hebron, IN $334,308
Crown Point, IN $333,307
Dyer, IN $333,307
East Chicago, IN $333,307

Best-Paying States for Commodity Product Manager

The states and districts that pay Commodity Product Manager the highest salary are District of Columbia (around $371,342) , California (around $368,005) , New Jersey (around $365,670) , Alaska (around $363,334) , and Massachusetts (around $363,001) .
District of Columbia $371,342
California $368,005
New Jersey $365,670
Alaska $363,334
Massachusetts $363,001

What is the Career Path of Commodity Product 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.

The first career path typically progresses to Chief Medical Officer.
Besides, Commodity Product Manager can also turn to other related jobs, including Commodity Manager , Global Commodity Manager , Associate Commodity Manager and Commodity Risk Manager .

Frequently Asked Questions for Commodity Product Manager

Q: What is the salary range of Commodity Product Manager in Indianapolis, IN?
A: In 2024 , the lowest-paid Commodity Product Manager in Indianapolis, IN earned an average annual salary of $296,829 , while the highest-paid made $356,192.
Q: What is the salary for a Commodity Product Manager in California?
A: Commodity Product Manager employed in California earned an average salary of $368,005 in 2024.

Average Commodity Product Manager Pay vs. Other Jobs

Commodity Product Manager earned an average salary of $324,632 in 2024. Other jobs related to Commodity Product Manager earned the following average salary in December, 2024. Commodity Manager made $123,000 , Global Commodity Manager made $122,353 , Associate Commodity Manager and Commodity Risk Manager made $125,268 and $103,200 respectively .

Relevant Jobs of Commodity Product Manager

Commodity Manager - Average Salary $123,000
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.
Global Commodity Manager - Average Salary $122,353
There is currently no job description for Global Commodity Manager, be the first to submit the job responsibilities for Global Commodity Manager.
Associate Commodity Manager - Average Salary $125,268
There is currently no job description for Associate Commodity Manager, be the first to submit the job responsibilities for Associate Commodity Manager.
Commodity Risk Manager - Average Salary $103,200
There is currently no job description for Commodity Risk Manager, be the first to submit the job responsibilities for Commodity Risk Manager.
Indirect Commodity Manager - Average Salary $123,756
There is currently no job description for Indirect Commodity Manager, be the first to submit the job responsibilities for Indirect Commodity Manager.