How much does a Commodity Buyer IV make in Kentucky? The average Commodity Buyer IV salary in Kentucky is $109,606 as of February 26, 2024, but the range typically falls between $101,604 and $116,030. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Commodity Buyer IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Commodity Buyer IV Salary $94,318 KY February 26, 2024
25th Percentile Commodity Buyer IV Salary $101,604 KY February 26, 2024
50th Percentile Commodity Buyer IV Salary $109,606 KY February 26, 2024
75th Percentile Commodity Buyer IV Salary $116,030 KY February 26, 2024
90th Percentile Commodity Buyer IV Salary $121,879 KY February 26, 2024
25% $101,604 10% $94,318 90% $121,879 75% $116,030 $109,606 50%(Median) Didn’t find job title? Click
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What skills does a Commodity Buyer IV 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.

ERP: Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.

3.

ERP Systems: Leveraging advanced tools and software systems to automate and manage core business functions cost-effectively to maximize performance.

Analysis 4.5%
ERP 1.74%
ERP Systems 1.01%
Others 92.75%

Job Description for Commodity Buyer IV

Commodity Buyer IV purchases raw materials used to process and manufacture products or to conduct research or other business activities. Monitors and analyzes the commodities market, global economic conditions, and events to make informed purchase decisions. Being a Commodity Buyer IV identifies, evaluates, and monitors suppliers to develop reliable sourcing and ensure the quality and availability of required commodities. Participates in bidding and contract negotiations to obtain the best pricing to meet commodity needs. Additionally, Commodity Buyer IV analyzes inventory levels, manufacturing schedules, and long-term business objectives to plan and manage purchases. Complies with all applicable regulations and standards governing the purchase and delivery of goods. Typically requires a bachelor's degree in business, supply chain management or equivalent. Typically reports to a manager. The Commodity Buyer IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be a Commodity Buyer IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Commodity Buyer IV in Kentucky

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Location Avg. Salary Date Updated
Location Aberdeen, KY Avg. Salary $103,898 Date Updated February 26, 2024
Location Adairville, KY Avg. Salary $105,632 Date Updated February 26, 2024
Location Adams, KY Avg. Salary $103,106 Date Updated February 26, 2024
Location Adolphus, KY Avg. Salary $107,782 Date Updated February 26, 2024
Location Ages Brookside, KY Avg. Salary $100,940 Date Updated February 26, 2024
Location Albany, KY Avg. Salary $106,053 Date Updated February 26, 2024
Location Alexandria, KY Avg. Salary $113,811 Date Updated February 26, 2024
Location Allen, KY Avg. Salary $103,106 Date Updated February 26, 2024
Location Allensville, KY Avg. Salary $105,254 Date Updated February 26, 2024
Location Almo, KY Avg. Salary $103,898 Date Updated February 26, 2024

Career Path for Commodity Buyer IV

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

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Commodity Buyer IV Salary in Kentucky
Commodity Buyer IV Salary Graph, Regional Distribution and Summary