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Commodity Manager Jobs in Elgin, IL (NOW HIRING)

Flender

Commodity Manager

Elgin, IL · On-site

Commodity Manager Company Description Flender is a leading global supplier for mechanical drive systems and has the reputation for highest performance, innovation, quality, and reliability of ...

Flender

Commodity Manager

Elgin, IL

Commodity Manager Company Description Flender is a leading global supplier for mechanical drive systems and has the reputation for highest performance, innovation, quality, and reliability of ...

Flender

Indirect Commodity Manager

Elgin, IL

Indirect Commodity Manager Company Description Flender is a leading global supplier for mechanical drive systems and has the reputation for highest performance, innovation, quality, and reliability ...

Entegris

Lead Commodity Manager

Aurora, IL · On-site

Lead Commodity Manager The Role The Global Supply Chain team is integral to enabling Entegris' global supply chain and business growth objectives-while meeting the requirements of some of the world ...

Entegris

Lead Commodity Manager

Aurora, IL · On-site

Lead Commodity Manager The Role The Global SupplyChainteam is integral to enabling Entegris' global supply chain and business growth objectives-while meeting the requirements of some of the world ...

Entegris

Lead, Commodity Manager

Aurora, IL · On-site

Lead, Commodity Manager The Role The Global Supply Chain team is integral to enabling Entegris' global supply chain and business growth objectives-while meeting the requirements of some of the world ...

Entegris

Lead Commodity Manager

Aurora, IL · On-site

Lead Commodity Manager The Role The Global SupplyChainteam is integral to enabling Entegris' global supply chain and business growth objectives-while meeting the requirements of some of the world ...

Entegris

Lead, Commodity Manager

Aurora, IL · On-site

Lead, Commodity Manager The Role The Global SupplyChainteam is integral to enabling Entegris' global supply chain and business growth objectives-while meeting the requirements of some of the world ...

Entegris

Lead, Commodity Manager

Aurora, IL · On-site

Lead, Commodity Manager The Role The Global SupplyChainteam is integral to enabling Entegris' global supply chain and business growth objectives-while meeting the requirements of some of the world ...

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All JobsCommodity JobsCommodity Manager JobsCommodity Manager Jobs in Elgin, IL

Commodity Manager information

See Elgin, IL salary details

$36.1K

$96.9K

$158.2K

How much do commodity manager jobs pay per year?

As of Aug 3, 2026, the average yearly pay for commodity manager in Elgin, IL is $96,915.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,100.00 and $112,700.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Commodity Manager, and why are they important?

To thrive as a Commodity Manager, you need expertise in supply chain management, strategic sourcing, negotiation, and a relevant degree such as business or engineering. Familiarity with procurement software (like SAP or Oracle), market analysis tools, and certifications such as CPSM or CPM are valuable assets. Strong analytical thinking, communication, and relationship management skills help you excel in supplier negotiations and cross-functional collaboration. These abilities ensure cost-effective procurement, risk mitigation, and a reliable supply chain, which are critical for organizational success.

What does a commodity manager make?

A commodity manager typically earns a salary that ranges from $70,000 to $130,000 annually, depending on experience, industry, and location. They often receive additional benefits such as bonuses, health insurance, and retirement plans, and may need skills in negotiation, supply chain management, and data analysis.

What Is a Commodity Manager?

A commodity manager is in charge of purchasing, budgeting, and overall management of goods for a company. They are responsible for ensuring that these transactions and requests comply with company procedures and policies. Commodity manager positions may be found in a variety of different industries, but are especially prevalent in manufacturing and engineering. They work closely with company departments and their clients, advising on purchases and investments. Careful attention to the market is important. Outstanding communication skills are helpful when dealing with clients or prospects. They must have a bachelor’s or master’s degree in business to be successful in this career.

What are Commodity Managers?

Commodity Managers are professionals responsible for sourcing, negotiating, and managing the procurement of specific categories of goods and services (commodities) that a company needs for its operations. They analyze market trends, develop supplier relationships, and ensure that the company gets the best value and quality for its purchases. Their role often involves risk management, cost optimization, and working closely with supply chain, finance, and engineering teams to meet strategic business goals.

What is the highest paid job in supply chain?

The highest paid roles in supply chain often include Supply Chain Director, Vice President of Supply Chain, or Chief Supply Chain Officer, with salaries exceeding $150,000 annually. These positions require extensive experience, strategic leadership skills, and often advanced certifications like CSCP or CPSM.

What is the role of a commodity manager?

A commodity manager is responsible for sourcing, negotiating, and managing procurement of specific goods or materials within an organization. They analyze market trends, develop supply strategies, and collaborate with suppliers to ensure cost efficiency and supply chain stability. Strong negotiation skills and knowledge of procurement tools are essential for this role.

What are some typical challenges a Commodity Manager faces when balancing supplier relationships and cost targets?

Commodity Managers often face the challenge of maintaining strong supplier relationships while also meeting aggressive cost-saving targets. This requires effective negotiation, a deep understanding of market trends, and the ability to identify alternative sourcing options without compromising on quality or lead time. Navigating supply chain disruptions and aligning supplier capabilities with organizational needs are also common hurdles. Collaborating closely with internal stakeholders, such as engineering and production teams, helps ensure that sourcing strategies support overall business goals.

What is the difference between Commodity Manager vs Purchasing Specialist?

AspectCommodity ManagerPurchasing Specialist
CredentialsBachelor's degree in supply chain, business, or related field; certifications like CPSM or CSCPBachelor's degree often preferred; certifications less common
Work EnvironmentStrategic planning, supplier negotiations, market analysisOrder processing, vendor communication, purchase execution
Industry UsageUsed across manufacturing, retail, and logistics sectorsCommon in procurement departments of various industries
Search & Comparison IntentUnderstanding strategic procurement roles and responsibilitiesFocusing on day-to-day purchasing tasks

The main difference between a Commodity Manager and a Purchasing Specialist lies in their scope and focus. Commodity Managers handle strategic sourcing, supplier relationships, and market analysis for specific commodities, while Purchasing Specialists focus on executing purchase orders and managing vendor communications. Both roles are essential in procurement but serve different functions within the supply chain.

How much is the salary of a procurement manager?

The salary of a procurement manager typically ranges from $70,000 to $130,000 annually, depending on experience, industry, and location. Professionals in this role often require strong negotiation skills and familiarity with procurement software tools.
More about Commodity Manager jobs
What job categories do people searching Commodity Manager jobs in Elgin, IL look for? The top searched job categories for Commodity Manager jobs in Elgin, IL are:
What cities near Elgin, IL are hiring for Commodity Manager jobs? Cities near Elgin, IL with the most Commodity Manager job openings:
Commodity Manager jobs near you
Infographic showing various Commodity Manager job openings in Elgin, IL as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $96,915 per year, or $46.6 per hour.

Commodity Manager

Flender

Elgin, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 4 days ago

Job description

Commodity Manager
Company Description
Flender is a leading global supplier for mechanical drive systems and has the reputation for highest performance, innovation, quality, and reliability of mechanical components for 125 years.
We're now hiring a talented Commodity Manager for our team in Elgin, IL on a full-time basis. If you're eager for your next challenge, Flender is a great place to grow your career.
For more information on Flender, please see website: www.flender.com
Equal Employment Opportunity Statement
Flender is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, ancestry, national origin, sex, sexual orientation, gender identity, age, marital status, family responsibilities, pregnancy, genetic information, protected veteran or military status, other categories protected by federal, state, or local law, and regardless of whether the qualified applicants are individuals with disabilities.
Job Summary:
The Commodity Manager for Direct Materials leads sourcing and procurement for strategic direct material categories vital to our manufacturing operations. This role is responsible for supplier relationship management, contract negotiations, cost optimization, and risk mitigation. The Commodity Manager partners closely with Engineering, Operations, R&D, Product Management, and Finance to align procurement strategies with business objectives and drive value, innovation, and continuous improvement.
Job Responsibilities:
  • Strategic Sourcing: Lead sourcing, supplier selection, RFx processes, negotiations, and contract management for assigned direct material categories, in conjunction with corporate Global Commodity Management strategies.
  • Supplier Management: As Supplier Relationship Owner for strategic suppliers, build and maintain strong supplier partnerships. Oversee supplier performance, conduct regular reviews, resolve issues, and drive continuous improvement.
  • Cost Optimization: Build and manage value creation roadmaps - cost savings, avoidance, innovation, working capital, resilience. Analyze spend and market trends to identify and implement cost savings opportunities. Lead end-to-end sourcing events (RFI/RFQ/RFP). Negotiate pricing, terms, and value-added solutions. Develop should-cost and total cost of ownership models.
  • Risk & Market Analysis: Monitor commodity markets, track supply risks and trends, and identify new suppliers, materials, and innovations. Develop risk mitigation and dual-sourcing strategies.
  • Contract Management: Draft, negotiate, and administer contracts with suppliers, ensuring compliance with legal, regulatory, and company requirements.
  • Cross-Functional Collaboration: Work closely with Engineering, Operations, Quality, Finance, and other teams to align procurement with business needs and support new initiatives.
  • Process Improvement: Evaluate and enhance procurement and sourcing processes. Drive continuous improvement using data analytics and KPIs.
  • Compliance: Ensure all procurement activities adhere to company policies, industry regulations, and ethical standards.

Required Knowledge/Skills, Education, and Experience:
  • Bachelor's degree in Supply Chain Management, Business, Engineering, or related field.
  • Minimum 5 years of procurement or sourcing experience, with focus on direct materials in manufacturing or engineering.
  • Experience with following commodities preferred: Roller bearings, steel castings, gears, hydraulics, machined parts, fasters/hardware.
  • Strong negotiation, supplier management, and contract administration skills.
  • Proficiency with ERP/procurement systems (e.g., SAP, Coupa) and data analysis tools (Celonis, SAP Analytics Cloud, Excel).
  • Professional certifications (CPSM, C.P.M., APICS, ASCM) are a plus.
  • Excellent communication, collaboration, and organizational skills.
  • Ability to manage multiple priorities in a fast-paced environment.

Flender as an employer offers:
  • Paid Time Off (18 Days)
  • Paid Holidays
  • Tuition Reimbursement
  • Medical, Dental, Vision, Life Insurance
  • Flexible Spending Account
  • Health Savings Account
  • 401k (6% Employer Match)
  • Employee Assistance Program

Your contact person(s) for this job posting is/are:
Jacob Stupec-Hernandez
Flender is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

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