What Do Commodity Managers Do?
Wondering what the job is really like for commodity managers?
You've come to the right place.
Keep reading to find detailed information about what commodity managers do, including the type of work they are tasked with on a daily basis, industries in which they work, and the specific skills needed for a successful career.
Commodity Managers Overview & Description
Let's get started with the basics about commodity managers by taking a look at a simple description and popular job titles.
Commodity Managers plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products, and services. Includes wholesale or retail trade merchandising managers and procurement managers.
Popular Job Titles For Commodity Managers
Sample of Reported Job Titles
- Purchasing Managers
- Procurement Managers
- Strategic Sourcing Managers
- Sourcing Managers
- Materials Managers
- Directors of Procurement
- Commodity Managers
- Guest Advocates
- Procurement Category Managers
- Procurement Sourcing Managers
- Vendor Managers
- Procurement Project Managers
Read on for insight into the industries where the highest concentration of jobs for commodity managers can be found.
Best Industries for Commodity Managers
Commodity Managers Jobs By Industry
- Management of Companies and Enterprises: 18.5%
- Federal Government, Civilian: 8.9%
- Federal Government, Military: 4.8%
- Aerospace Product and Parts Manufacturing: 3.7%
- Scientific Research and Development Services: 3.1%
- Local Government, Excluding Education and Hospitals: 2.5%
- Other: 58.5%
When it comes to jobs in the United States, the largest single category of commodity managers can be found working in the Management of Companies and Enterprises sector. In 2022, about 18.5% of all jobs for commodity managers were found there.
Other top industries by percentage include Federal Government, Civilian (8.9%), Federal Government, Military (4.8%), Aerospace Product and Parts Manufacturing (3.7%), Scientific Research and Development Services (3.1%) and Local Government, Excluding Education and Hospitals (2.5%).
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Degree Options for Commodity Managers
Gain college credit for your training and work experience and prepare to move into management or grow your small business.
- Class Type: 100% online
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- Accreditation: IACBE
Build a strong foundation of real-world business knowledge suitable for a variety of career options in your industry of choice.
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- Accreditation: IACBE
Build on your associate's degree and improve efficiency by designing and developing effective supply chains.
- Class Type: 100% online
- Cost Per Credit: $398
Improve product workflow, streamline operational efficiency, and “green” your business in today’s global business environment.
- Class Type: 100% online
- Cost Per Credit: $398
- Accreditation: IACBE
Develop into a well-rounded, adaptive and strategic business leader with a comprehensive mindset.
- Placement Tests: GMAT/GRE not required for admission
What Do Commodity Managers Do on a Daily Basis?
So you have a high-level understanding of what commodity managers do and the types of industries in which they work - but what do they really do each day?
A great way to understand the type of work commodity managers do is to examine actual job postings and focus on the specific skills that employers are seeking. That will help paint a clearer picture of the tasks that commodity managers tackle each day.
Continue reading for a breakdown of specialized skills found in job postings for commodity managers, as well as common skills - interpersonal qualities and attributes - that can help you thrive in the workplace.
In-Demand Skills for Today's Commodity Managers
Based on 72,945 job postings
Top 5 Specialized Skills for Commodity Managers
| Skills | Postings | % of Total Postings |
|---|---|---|
| Procurement | 37,379 | 51% |
| Purchasing | 32,144 | 44% |
| Supply Chain | 22,559 | 31% |
| Merchandising | 16,097 | 22% |
| General Line Of Merchandise | 15,955 | 22% |
Top 5 Common Skills for Commodity Managers
| Skills | Postings | % of Total Postings |
|---|---|---|
| Management | 31,659 | 43% |
| Communications | 29,770 | 41% |
| Negotiation | 27,153 | 37% |
| Operations | 24,648 | 34% |
| Sales | 24,613 | 34% |
Based on 72,945 job postings related to commodity managers, procurement was the top specialized skill sought by employers, with 51% of all postings looking for that skillset. Skills for purchasing, supply chain, merchandising, general line of merchandise and project management were also highly sought.
As for common skills, management was the most desired skill found in job postings for commodity managers, followed by communications, negotiation, operations, sales and leadership.
| Skill | Postings | % of Total Postings |
|---|---|---|
| Procurement | 37,379 | 51% |
| Purchasing | 32,144 | 44% |
| Supply Chain | 22,559 | 31% |
| Merchandising | 16,097 | 22% |
| General Line Of Merchandise | 15,955 | 22% |
| Project Management | 15,558 | 21% |
| Strategic Sourcing | 15,223 | 21% |
| Finance | 13,151 | 18% |
| Stocking Merchandise | 11,496 | 16% |
| Supplier Relationship Management | 9,907 | 14% |
| Supply Chain Management | 9,435 | 13% |
| Procurement Management | 9,146 | 13% |
| Request For Proposal | 9,083 | 12% |
| Supplier Performance Management | 8,987 | 12% |
| Inventory Management | 8,862 | 12% |
| Contract Management | 8,051 | 11% |
| Key Performance Indicators (KPIs) | 7,643 | 10% |
| Category Management | 7,273 | 10% |
| Supplier Management | 7,091 | 10% |
| Strategic Procurement | 6,963 | 10% |
| Skill | Postings | % of Total Postings |
|---|---|---|
| Management | 31,659 | 43% |
| Communications | 29,770 | 41% |
| Negotiation | 27,153 | 37% |
| Operations | 24,648 | 34% |
| Sales | 24,613 | 34% |
| Leadership | 24,327 | 33% |
| Customer Service | 15,230 | 21% |
| Planning | 15,012 | 21% |
| Problem Solving | 13,806 | 19% |
| Microsoft Excel | 13,526 | 19% |
| Positivity | 12,407 | 17% |
| Detail Oriented | 11,851 | 16% |
| Influencing Skills | 10,355 | 14% |
| Microsoft Office | 10,314 | 14% |
| Presentations | 10,102 | 14% |
| Writing | 9,336 | 13% |
| Innovation | 8,343 | 11% |
| Microsoft PowerPoint | 8,209 | 11% |
| Forecasting | 8,071 | 11% |
| Coordinating | 7,728 | 11% |
Most In-Demand Jobs for Commodity Managers
Top 5 Posted Job Titles
| Job Title | Postings | % of Total Postings |
|---|---|---|
| Purchasing Managers | 20,685 | 24.5% |
| Procurement Managers | 13,892 | 16.5% |
| Strategic Sourcing Managers | 8,048 | 9.5% |
| Sourcing Managers | 7,023 | 8.3% |
| Materials Managers | 7,299 | 8.7% |
According to job postings that were published between September 2021 and August 2022, the top job sought by employers was purchasing managers, with 7,452 unique job postings. Procurement managers were second, with 3,589 postings, followed by strategic sourcing managers, sourcing managers and materials managers.
Expand the section below to see unique job postings for all occupations related to commodity managers.
| Job Title | Postings | % of Total Postings |
|---|---|---|
| Purchasing Managers | 20,685 | 24.5% |
| Procurement Managers | 13,892 | 16.5% |
| Strategic Sourcing Managers | 8,048 | 9.5% |
| Sourcing Managers | 7,023 | 8.3% |
| Materials Managers | 7,299 | 8.7% |
| Directors of Procurement | 4,893 | 5.8% |
| Commodity Managers | 4,967 | 5.9% |
| Guest Advocates | 2,098 | 2.5% |
| Procurement Category Managers | 1,777 | 2.1% |
| Procurement Sourcing Managers | 1,358 | 1.6% |
| Vendor Managers | 1,299 | 1.5% |
| Procurement Project Managers | 1,265 | 1.5% |
| Directors of Purchasing | 2,084 | 2.5% |
| Directors of Strategic Sourcing | 1,275 | 1.5% |
| Global Sourcing Managers | 1,281 | 1.5% |
| Purchasing Supervisors | 1,632 | 1.9% |
| Category Managers | 1,050 | 1.2% |
| Directors of Sourcing | 834 | 1% |
| Procurement Supervisors | 825 | 1% |
| IT Procurement Managers | 710 | 0.8% |
Additional Links
Ready to dig deeper into career information for commodity managers? Visit our other pages focused on salary and education for commodity managers.
How much do commodity managers make?
Commodity Managers: How do you become one?
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