How much does a Senior Trader- Commodities make in the United States?

The Commodities Purchasing Senior Manager manages the policies and processes to purchase raw materials required to process and manufacture products, conduct research, or enable other business activities. Implements a commodity procurement and inventory strategy that supports a company's manufacturing supply chain. Being a Commodities Purchasing Senior Manager identifies, evaluates, and monitors suppliers and develops relationships to provide reliable sourcing and ensure the quality and availability of required commodities. Monitors and analyzes the commodities market, global economic conditions, and events to make informed purchase decisions. In addition, Commodities Purchasing 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 Commodities Purchasing 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. Working as a Commodities Purchasing Senior Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. View Commodities Purchasing Senior Manager Salary

The Commodities Manager evaluates market conditions in order to maintain inventory levels and control costs. Develops, implements, and maintains a commodity inventory strategy that supports a company's supply chain. Being a Commodities Manager manages ongoing relationships with suppliers. Evaluates and recommends vendors. In addition, Commodities Manager requires a bachelor's degree in area of specialty. Typically reports to top management. The Commodities 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. Working as a Commodities 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. View Commodities Manager Salary

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The Commodities Purchasing Manager evaluates market conditions in order to maintain inventory levels and control costs. Develops, implements, and maintains a commodity inventory strategy that supports a company's supply chain. Being a Commodities Purchasing Manager manages ongoing relationships with suppliers. Evaluates and recommends vendors. In addition, Commodities Purchasing Manager requires a bachelor's degree in area of specialty. Typically reports to top management. The Commodities Purchasing 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. Working as a Commodities Purchasing 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. View Commodities Purchasing Manager Salary

The Commodities Purchasing Specialist IV monitors and analyzes the commodities market and overall economic conditions to ensure that commodities are purchased at competitive prices. Purchases commodities for use in manufacturing and other business applications. Being a Commodities Purchasing Specialist IV requires a bachelor's degree in area of specialty. Participates in contract negotiations and ensures that orders include correct quantities and comply with quality standards. In addition, Commodities Purchasing Specialist IV requires technical and purchasing expertise on assigned commodities. Typically reports to a manager. Being a Commodities Purchasing Specialist IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Working as a Commodities Purchasing Specialist IV typically requires 7+ years of related experience. View Commodities Purchasing Specialist IV Salary