Commodities Purchasing Manager Salary in Singapore

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How much does a Commodities Purchasing Manager make in Singapore? The average Commodities Purchasing Manager salary in Singapore is S$156,195 as of March 23, 2021, but the range typically falls between S$116,818 and S$207,349. 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 global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

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Global Market Data
50TH(Median) S$156,195 25TH S$116,818 75TH S$207,349

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Skills to Boost a Commodities Purchasing Manager Salary

Mastering key skills can significantly increase your earning potential as a Commodities Purchasing Manager. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 4% salary raise, while strong Commodity Management skills boost pay by a 3%.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Commodity Management
Commodity Management is the process of developing a systematic approach to the entire usage cycle for a group of items. The term is often used interchangeably with Category Management. It is generally considered as one aspect of the Procurement Management toolkit, and frequently used in combination with other tools – such as 'two-by-four-box' analysis, looking at the strategic positioning of that commodity with respect to an organisation and its supplier. This may then be further developed with Supplier Relationship Management (SRM), with designated Buyers managing key suppliers in given commodities. For more information on this topic, please consult: Supplier Relationship Management Procurement Category managementCommodity Management is also used in other contexts, as such managing dwindling availability of scarce resources. For this context, please see: Resource management
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Based on recent job listings, in-demand skills in the Commodities Purchasing Manager field include Analysis (4%), and Commodity Management (3%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Analysis S$162,443
Analysis
S$162,443
4%
Commodity Management S$160,881
Commodity Management
S$160,881
3%
Analysis
6.83%
Commodity Management
5.93%
Job Openings for Commodities Purchasing Manager
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About Singapore

Singapore (/ˈsɪŋ(ɡ)əpɔːr/ (About this soundlisten)), officially the Republic of Singapore, is a sovereign island city-state in maritime Southeast Asia. It lies about one degree of latitude (137 kilometres or 85 miles) north of the equator, off the southern tip of the Malay Peninsula, bordering the Straits of Malacca to the west, the Riau Islands (Indonesia) to the south, and the South China Sea to the east. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet, the combined area of which has increased by 25% since the country's independ...
Source: Wikipedia (as of 03/22/2021). Read more from Wikipedia

Understand the base salary paid range for a Commodities Purchasing Manager in Singapore

Average Base Salary

Core compensation

116818
207349
156195
The chart shows the base salary for Commodities Purchasing Manager ranges from S$116,818 to S$207,349 with the average base salary of S$156,195. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Commodities Purchasing Manager may get paid difference by industry, location, and factors.

Commodities Purchasing Manager Frequently Asked Questions in Singapore

What is the salary range for a Commodities Purchasing Manager in Singapore? What is the average hourly rate?

The average salary for a Commodities Purchasing Manager in Singapore is S$156,195 per year. The salary range for a Commodities Purchasing Manager is between S$116,818 and S$207,349. While we are seeing hourly wages as high as S$100 and as low as S$56, the majority of Commodities Purchasing Managers are currently paid an average of S$75 in Singapore. The average salary pay range for a Commodities Purchasing Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for a Commodities Purchasing Manager in Singapore can differ based on any or all of these varying factors. March 23, 2021 salary.com )
Why should you negotiate salary for a Commodities Purchasing Manager role? What are effective negotiation strategies?

Most hiring managers in Singapore expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Commodities Purchasing Manager position that you can in Singapore. This starting salary of the Commodities Purchasing Manager position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Commodities Purchasing Manager position in Singapore, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs. March 23, 2021 salary.com )
How do you evaluate the advantages, opportunities, and salary for a Commodities Purchasing Manager role located in large metropolitan city or in a small town?

Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of a Commodities Purchasing Manager in the Singapore can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. a Commodities Purchasing Manager job in a large city of the Singapore may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the Singapore also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Commodities Purchasing Manager job is right for you. March 23, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: March 23, 2021