Commodity Buyer Salary in Newark, New Jersey

How much does a Commodity Buyer make in Newark, NJ?

As of March 01, 2025, the average annual salary for a Commodity Buyer in Newark, NJ is $85,791. Salary.com reports that pay typically ranges from $79,192 to $92,733, with most professionals earning between $73,184 and $99,054.

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Salary range for a Commodity Buyer

$79,192 to $92,733

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Commodity Buyer

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Job Openings for Commodity Buyer in Newark, NJ

What does a Commodity Buyer do?

Common responsibilities of a Commodity Buyer

Communicate and apply quality and engineering concepts at a high level with both internal and external resources, as required.

March 19, 2023

Support development and implementation of plans with cross functional partners to meet annual goals which include supplier strategy, productivity/cost-reduction, lead-time reductions, consignment/Kanban implementation, PPV (Purchase Price Variance), inventory reduction, working capital improvement, supplier quality along with AOP (Annual Operating Plan) KPIs (Key Performance Indicators).

December 26, 2022

Works with Merchants to identify upcoming impacts to sales and ensure the corporation in areas related to product distribution, customer ads, weather events, store relocations, and new store openings.

February 25, 2023

Manage the data related to assigned materials, including budget and price variance forecasts, volume reconciliations and developing visibility to impact of change to all raw material requirements.

March 07, 2023

Monitor and forecast commodities markets trends and issues and determine potential risks, opportunities and actions for Ford to achieve supply continuity and best value.

March 17, 2023

Demonstrated knowledge of purchasing processes to include supplier selection techniques, request for quote, negotiation and sourcing decision.

March 25, 2023

Drive & innovate supplier improvements and performance by identifying and implementing solutions to business problems, and cross-functional within assigned categories.

March 29, 2023

Acts as top commercial agent for with responsibility for all purchased material / service costs.

April 30, 2023

Develop optimal number of suppliers across assigned commodity(s), including appropriate mix of local suppliers to achieve best plant service with flexibility and companywide strategy.

May 06, 2023

Lead supplier development along with commodity strategy to have complete documents including but not limited to Ducommun NDA, Terms and Conditions, support commodity leaders in LTA preparation and negotiation.

May 18, 2023

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Commodity Buyer Salary By Experience Levels in Newark, NJ

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Commodity Buyer Salary By Level of Education in Newark, NJ

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LEVEL OF EDUCATION

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Average Salary Range for Commodity Buyer in Newark, NJ

Average Base Salary

Core compensation

79192

92733

85791

Average Total Cash Compensation

Includes base and annual incentives

81676

95912

89030

What is the average salary for Commodity Buyer in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Commodity Buyer in Newark, NJ. The base salary for Commodity Buyer ranges from $79,192 to $92,733 with the average base salary of $85,791. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $81,676 to $95,912 with the average total cash compensation of $89,030.

View Average Salary for Commodity Buyer as table

	Average Salary	Average Salary Range
Base Salary	$85,791	$79,192 - $92,733
Bonus	$3,238	$2,484 - $3,179
Total Pay	$89,030	$81,676 - $95,912

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Commodity Buyer Salary Near Newark, NJ

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Newark, NJ
CITY, STATE East Orange, NJ	AVERAGE SALARY RANGE $79,332 - $92,897	COMPARE TO Newark, NJ
CITY, STATE West Orange, NJ	AVERAGE SALARY RANGE $79,332 - $92,897	COMPARE TO Newark, NJ
CITY, STATE Bloomfield, NJ	AVERAGE SALARY RANGE $80,804 - $94,621	COMPARE TO Newark, NJ
CITY, STATE Irvington, NJ	AVERAGE SALARY RANGE $79,332 - $92,897	COMPARE TO Newark, NJ
CITY, STATE Union, NJ	AVERAGE SALARY RANGE $79,332 - $92,897	COMPARE TO Newark, NJ
CITY, STATE Elizabeth, NJ	AVERAGE SALARY RANGE $79,332 - $92,897	COMPARE TO Newark, NJ

See salaries for Commodity Buyer in locations close to Newark, NJ. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Newark, New Jersey

Newark (/ˈnjuːərk/,[24] locally /njʊərk/)[25] is the most populous city in the U.S. state of New Jersey and the seat of Essex County.[26] As one of the nation's major air, shipping, and rail hubs, the city had a population of 285,154 in 2017, making it the nation's 70th-most populous municipality, after being ranked 63rd in the nation in 2000. Settled in 1666 by Puritans from New Haven Colony, Newark is one of the oldest cities in the United States. Its location at the mouth of the Passaic River (where it flows into Newark Bay) has made the city's waterfront an integral part of the Port of New...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Commodity Buyer II	LOCATION Newark, NJ	MINIMUM SALARY $78,593	MAXIMUM SALARY $92,121
JOB TITLE Commodity Buyer III	LOCATION Newark, NJ	MINIMUM SALARY $96,613	MAXIMUM SALARY $110,885
JOB TITLE Commodity Buyer IV	LOCATION Newark, NJ	MINIMUM SALARY $124,176	MAXIMUM SALARY $139,162
JOB TITLE Commodity Buyer I	LOCATION Newark, NJ	MINIMUM SALARY $65,348	MAXIMUM SALARY $74,299
JOB TITLE Strategic Commodity Buyer III	LOCATION Newark, NJ	MINIMUM SALARY $96,690	MAXIMUM SALARY $110,890
JOB TITLE Strategic Commodity Buyer IV	LOCATION Newark, NJ	MINIMUM SALARY $124,190	MAXIMUM SALARY $139,190

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