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Commodity Manager Jobs in Suffolk, VA (NOW HIRING)

Smithfield Foods

Commodity Analyst

Smithfield, VA · On-site

$55K - $82K/yr

Hedging Report Management: Develop and manage consolidated commodity hedging reports. Assist in building PowerPoint presentations. * Collaboration with Finance and Accounting: Work in conjunction ...

Dollartree

Associate Sourcing Manager

Chesapeake, VA · On-site

$94K - $99K/yr

They leverage commodity market expertise to secure optimal SKU value and cost protections while ... Manage supplier meetings to develop and strengthen the supplier matrix. E-Sourcing & Auction ...

Dollar Tree

Associate Sourcing Manager

Chesapeake, VA · On-site

They leverage commodity market expertise to secure optimal SKU value and cost protections while ... Manage supplier meetings to develop and strengthen the supplier matrix. E-Sourcing & Auction ...

Dollartree

Associate Product Manager

Chesapeake, VA · On-site

$67K - $75K/yr

The Associate Product Manager develops and executes category, program and item sourcing strategies ... Expertise in commodity research, product manufacturing understanding and cost-structure analysis ...

Dollar Tree

Associate Product Manager

Chesapeake, VA · On-site

$67K - $75K/yr

The Associate Product Manager develops and executes category, program and item sourcing strategies ... Expertise in commodity research, product manufacturing understanding and cost-structure analysis ...

Scoular

Associate Elevator Operator

Windsor, VA

$15 - $19.25/hr

Manage grain storage by creating and moving grain piles, as well as performing general cleaning and ... Enter all customer and commodity information into tracking system. Communicate with the production ...

The Scoular Company

Associate Elevator Operator

Windsor, VA · On-site

$15 - $19.25/hr

Manage grain storage by creating and moving grain piles, as well as performing general cleaning and ... Enter all customer and commodity information into tracking system. Communicate with the production ...

VTG

Procurement Project Specialist

Virginia Beach, VA · Hybrid

$27 - $30/hr

Analyzing the requirements of the commodity, including preliminary specifications, preferred supplier, and date commodity is needed, obtaining best value, expediting and providing timely project ...

SpartanNash

Mgr, Center Store Procurement

Norfolk, VA

$90K - $115K/yr

Primary purpose of this position is to drive the execution on the inventory strategy for selected commodity segments within a multi-distribution network. The manager is end-responsible for the ...

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All JobsCommodity JobsCommodity Manager JobsCommodity Manager Jobs in Suffolk, VA

Commodity Manager information

See Suffolk, VA salary details

$34.7K

$93.3K

$152.2K

How much do commodity manager jobs pay per year?

As of Aug 21, 2026, the average yearly pay for commodity manager in Suffolk, VA is $93,267.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,100.00 and $108,400.00 per year, depending on experience, location, and employer.

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 the key skills and qualifications needed to thrive as a commodity manager?

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 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 do commodity managers make?

Commodity managers typically earn a median annual salary of around $80,000 to $120,000, depending on experience, industry, and location. Senior or specialized commodity managers can earn higher salaries, often exceeding $150,000, especially with certifications and strong negotiation skills.
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The top searched job categories for Commodity Manager jobs in Suffolk, VA are:

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Cities near Suffolk, VA with the most Commodity Manager job openings:

Commodity Manager jobs near you
Infographic showing various Commodity Manager job openings in Suffolk, VA as of August 2026, with employment types broken down into 80% Full Time, 18% Part Time, and 2% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $93,267 per year, or $44.8 per hour.

Commodity Analyst

Smithfield Foods

Smithfield, VA • On-site

$55K - $82K/yr

Full-time

Re-posted 9 days ago

Job description

If you are currently employed at Smithfield, please log into Workday and submit your application through the Jobs Hub.

Have a seat at our table. When you join Smithfield, you become part of something special - a company that's sustainably feeding people around the world, producing good food the right way with respect for our people, animals, communities and planet. With opportunities across locations and functions, a culture grounded in our Core Four values - gratitude, communication, respect and accountability - and a strong commitment to learning, collaboration, and innovation, Smithfield offers challenging and rewarding careers where you can grow, contribute and make a real impact. Apply Now!

THE VALUE YOU'LL BRING:

The position summary states the general nature and purpose of the job. Overall accountabilities are defined in this section.

As a Commodity Accounting Analyst, you will be responsible for producing consolidated hedging reports and conducting detailed analysis on commodity markets that are crucial to Smithfield's operations. You'll work closely with the Commodities Team to enhance reporting capabilities and contribute to data-driven decision-making. This position offers the opportunity to deepen your expertise in commodities while making a tangible impact on the business.

WHAT YOU'LL DO:

The below statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. May perform other duties as assigned.

  • Hedging Report Management: Develop and manage consolidated commodity hedging reports. Assist in building PowerPoint presentations.

  • Collaboration with Finance and Accounting: Work in conjunction with Finance and Accounting to ensure compliance with company policies and protocols; provide data analysis support to the hedging team.

  • Financial Analysis and Forecasting: Analyze financial information to forecast business, industry, and economic conditions and communicate results to appropriate parties.

  • Economic and Industry Monitoring: Monitor fundamental economic, industrial, and corporate developments by analyzing information from various sources to make informed decisions pertaining to the business.

WHAT WE'RE SEEKING:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals to perform the essential functions.

  • Bachelor's degree from an accredited four-year college or university in Accounting, Finance or related field, and 2+ years relevant experience in an accounting or finance role at an audit or financial institution, or equivalent combination of education and experience, required.

  • In lieu of experience a candidate with a Master's Degree from a four-year college or university in Finance or Accounting will be considered qualified.

  • Experience working in a commodity related role and understanding of the agri-business environment a plus.

  • Strong analytical, logic and problem-solving skills.

  • Ability to interpret/communicate results.

  • Demonstrated knowledge and working ability of Microsoft Office Suite: highly proficient in Excel with the ability to run extensive and complex reports and queries.

  • Must possess independent decision-making abilities; strong oral and written presentation skills.

OTHER SKILLS THAT MAKE YOU STAND OUT:

  • Ability to work well with others in fast paced, dynamic environment while maintaining attention to detail.

  • Ability to be respectful, approachable and team oriented while building strong working relationships and a positive work environment.

The expected pay range for this position is $55,000 - $82,500 annually.

Smithfield Foods provides pay ranges that reflect its good faith estimate of thesalary or hourly wagethe company reasonably expects to pay for a positionat the time of hire. Individual compensation will be determined based on several factors, including but not limited to, the scope and responsibilities of the role, location of the position, the candidate's qualifications and experience, internal equity, external market pay for comparable positions and budget considerations. At Smithfield Foods, base pay represents only one aspect of the comprehensive total rewards package. Learn more about our benefits package here.

Relocation Package Available Yes

EEO Information

Smithfield is an equal opportunity employer committed to workplace diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, gender identity, protected veterans status, status as a disabled individual or any other protected group status or non-job characteristic as directed by law.

If you are an individual with a disability and would like to request a reasonable accommodation for any part of the employment selection process, please call us at 757-357-1595.

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