Commodity Buyer Job Description Template

The Commodity Buyer is responsible for sourcing and purchasing the necessary raw materials and supplies for a company. They work closely with suppliers to negotiate prices, ensure quality, and maintain inventory levels. The ideal candidate for this role is highly organized, detail-oriented, and has excellent communication and negotiation skills. This job description template outlines the key responsibilities and qualifications required for the position of Commodity Buyer.

4.8
868 people used this job description template, 58 people have rated it.

For Employers / HR:


Post this job for free

For Jobseekers:


Create Resume and Apply

Job Summary

We are seeking a highly analytical and detail-oriented Commodity Buyer to join our purchasing team. As a Commodity Buyer, you will be responsible for sourcing and purchasing various commodities including but not limited to metals, chemicals, plastics, and packaging materials. You will ensure that our company obtains high-quality commodities at competitive prices, while also building and maintaining strong supplier relationships.

Key Responsibilities

  • Source and purchase high-quality commodities at competitive prices
  • Negotiate contracts and prices with suppliers
  • Monitor and analyze market trends and supplier performances
  • Collaborate with cross-functional teams such as production, inventory, and logistics to ensure timely and efficient delivery of commodities
  • Build and maintain strong relationships with suppliers and communicate effectively with them to resolve any issues
  • Assist in developing and implementing commodity sourcing strategies to optimize costs and minimize risks
  • Ensure compliance with company policies and procedures, as well as relevant regulations

Requirements and Qualifications

Education

  • Bachelor's degree in business, logistics, supply chain management, or related field

Experience

  • Minimum of 3 years of experience in commodity purchasing, preferably in a manufacturing or industrial environment
  • Proven track record of successful contract negotiations and supplier management
  • Familiarity with commodity markets and trends
  • Strong analytical and problem-solving skills

Skills

  • Excellent communication and interpersonal skills
  • Ability to work independently and as part of a team
  • Proficient in Microsoft Office and enterprise resource planning (ERP) software
  • Ability to multitask, prioritize, and manage time effectively
  • Attention to detail and accuracy

Introduction

Commodity buyers are responsible for purchasing commodities, such as raw materials or goods, from vendors or suppliers. Finding the right person for this job requires a well-written and comprehensive job posting. In this article, we'll go over the essential elements of creating a commodity buyer job posting.

Job Title and Overview

The first step in creating a job posting is providing an accurate and descriptive title for the position. For example, "Commodity Buyer" or "Purchasing Specialist." After the title, provide an overview of the job, including the primary responsibilities and duties, as well as the expected qualifications and experience.

Key Responsibilities

List the key responsibilities of the commodity buyer. This list should include everything from sourcing materials to negotiating prices and managing vendor relationships. Be explicit about the responsibilities to attract the right candidates.

  • Identifying and screening suppliers and vendors
  • Negotiating prices, contracts, and delivery terms
  • Managing supplier performance and relationships
  • Shaping and implementing commodity sourcing strategies
  • Required Skills and Qualifications

    To ensure you attract qualified candidates, provide a detailed list of technical and soft skills, as well as the required qualifications for the role. Provide specific requirements, such as education, years of experience, and certifications. Be careful not to include job requirements that are not necessary for the role.

  • Bachelor's degree in business, supply chain management, or related field
  • 3-5 years of experience in purchasing or supply chain management
  • Exceptional negotiation and communication skills
  • Technical knowledge of commodity markets and trends
  • Good organizational and problem-solving abilities
  • Working knowledge of procurement software and tools
  • The Company Profile

    Include a brief introduction to the company, mentioning its core values, mission, and culture. Be sure to articulate how the commodity buyer position fits within the company and its objectives.

    Salary and Benefits

    Although it's not mandatory, including the expected salary and benefits for the role can help you attract the right candidates. Be sure to do some research to ensure the salary range and benefits are competitive with similar roles in the industry.

    Conclusion

    In conclusion, creating a commodity buyer job posting can be challenging, but by following the steps outlined above, you can create a comprehensive, accurate, and effective job posting that will attract the best candidates for your business.

    What is a Commodity Buyer?

    A Commodity Buyer is a professional responsible for procuring raw materials or goods from external vendors for an organization’s internal use or to resell. The role requires evaluating suppliers, negotiating contracts, and ensuring timely delivery of goods or services at the right quality and price.

    What are the essential qualifications for a Commodity Buyer?

  • Bachelor’s degree in business or a related field
  • Strong analytical and negotiation skills
  • Experience in procurement or purchasing in the specific commodity or industry
  • Excellent communication and interpersonal skills when dealing with suppliers
  • Knowledge of sourcing tools and techniques like request for proposal (RFP), request for quotation (RFQ) and bidding processes
  • What are the most important responsibilities of a Commodity Buyer?

  • Developing and implementing a procurement strategy for specific commodities
  • Conducting market research and identifying the most suitable suppliers
  • Negotiating contracts and ensuring favorable terms for the organization
  • Managing supplier relationships and performance
  • Ensuring timely delivery of goods or services and resolving any delivery issues
  • How to write an effective Commodity Buyer job posting?

  • Start with a clear job title and job summary that briefly describes the role’s purpose and goals
  • Specify the essential qualifications and experience required for the role
  • Describe the specific commodities or industries relevant to the role
  • Mention the key responsibilities and duties in detail
  • Highlight any soft skills and personality traits that would be required for success in the role, such as teamwork or problem-solving
  • What are the benefits of recruiting a Commodity Buyer?

  • Improved cost management as buyers negotiate with suppliers to get better deals
  • Better understanding and sourcing of raw materials or goods
  • Improved supplier relationships that help in better problem-solving and collaboration
  • Faster delivery of goods or services and timely resolution of any delivery issues
  • Reduced risks and higher compliance with regulations or policies to ensure quality standards
  • Get Started

    Start saving time and money on recruiting

    Start today for free to discover how we can help you hire the best talents.

    Get started Get Started!
    This site uses cookies to make it work properly, help us to understand how it’s used and to display content that is more relevant to you. For more information, see our Privacy Policy
    Accept
    Reject