Commodity Senior Manager Salary in the United States

Commodity Senior 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 Senior 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 Senior 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 Senior Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Commodity Senior Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)... View full job description

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