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Commodity Jobs in Minnesota (NOW HIRING)

Commodity Manager

Minneapolis, MN ยท On-site

$108K - $128K/yr

What You Will Do As a Commodity Manager for TURCK, you will develop, formulate, and implement commodity strategies to achieve cost savings, stability of the supply base, and alignment with company ...

Global Commodity Manager

Owatonna, MN ยท On-site

$118K - $130K/yr

Our Global Commodity Manager will contribute to Wenger Corporation's focus on enhancing competitiveness, strengthening resilience, and meeting the evolving demands of our customers and stakeholders ...

Commodity Manager (Packaging) THE ROLE Entegris is growing and looking for adynamic Commodity Manager, DirectGlobalCommodity Management to join ourPackaging and MembranesTeam.If you are someone who ...

Commodity Manager Senior With minimal direction, plans, organizes and controls the sourcing of materials and services that embodies major strategic commodities which are highly financially impactful.

Commodity Manager

Eden Prairie, MN ยท On-site

$88K - $120K/yr

SUMMARY: Work within a team environment to source, develop and manage suppliers of specific commodities and related tooling and equipment. Provide leadership in the procurement and logistics ...

The Manager, Direct Commodity leads the team of Commodity Managers responsible for the global sourcing of direct materials, including electrical, mechanical, electromechanical, and related production ...

Manager, Direct Sourcing

Eden Prairie, MN ยท On-site

$125K - $155K/yr

The Manager, Direct Commodity leads the team of Commodity Managers responsible for the global sourcing of direct materials, including electrical, mechanical, electromechanical, and related production ...

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Showing results 1-20

Commodity information

See Minnesota salary details

$35.7K

$96K

$156.7K

How much do commodity jobs pay per year?

As of Jul 25, 2026, the average yearly pay for commodity in Minnesota is $96,023.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,400.00 and $111,700.00 per year, depending on experience, location, and employer.

What jobs are there in commodities?

Jobs in commodities include roles such as commodity trader, analyst, broker, and risk manager, focusing on buying, selling, and analyzing physical goods like oil, metals, and agricultural products. These positions often require strong analytical skills, market knowledge, and familiarity with trading platforms and regulations.

What are commodities?

Commodities are basic goods or raw materials that are interchangeable with other goods of the same type. They are often used as inputs in the production of other products or services and are typically traded on exchanges. Common examples include agricultural products like wheat, livestock, energy resources such as oil and natural gas, and metals like gold and copper. The prices of commodities are determined largely by supply and demand dynamics in the global market.

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

To thrive as a Commodity Trader, you need a strong grasp of financial markets, analytical skills, and a relevant degree in finance, economics, or a related field. Proficiency with trading platforms, risk management systems, and data analysis tools like Bloomberg Terminal is typically expected. Excellent decision-making, negotiation, and stress management abilities help traders excel in fast-paced and high-pressure environments. These skills are crucial for making informed trades, managing risk, and securing profitable outcomes in volatile markets.

What are 5 examples of commodities?

Commodities are basic goods used in commerce that are interchangeable with other goods of the same type. Examples include crude oil, gold, wheat, coffee, and natural gas. These are often traded on commodity exchanges and require knowledge of market prices and trading strategies.

Do commodity traders make good money?

Commodity traders can earn high salaries and bonuses, especially in large firms or with significant experience, as their income often depends on market performance and trading success. However, the profession involves high risk, long hours, and requires strong analytical skills and market knowledge. Compensation varies widely based on performance, experience, and the specific commodities traded.

What are some common challenges faced by commodity traders when managing market volatility?

Commodity traders often encounter significant market volatility due to factors such as geopolitical events, weather conditions, and changes in global supply and demand. Managing this volatility involves closely monitoring market trends, utilizing risk management tools like futures and options, and maintaining strong analytical skills to anticipate price movements. Effective communication with team members and staying informed about global economic developments are also crucial for navigating unpredictable markets. Being adaptable and proactive helps traders minimize risk and seize opportunities in a rapidly changing environment.

What is a job in commodities?

A job in commodities involves trading, analyzing, or managing physical goods such as oil, metals, or agricultural products. Roles often require knowledge of markets, risk management, and sometimes certifications like the Series 3 license. These jobs can be found in trading firms, banks, or commodity companies and may involve working in fast-paced, data-driven environments.

What is the difference between Commodity vs Commodity Trader?

AspectCommodityCommodity Trader
Primary FocusRaw materials or primary agricultural productsBuying and selling commodities for profit
Required CredentialsVaries; often includes industry-specific knowledgeKnowledge of markets, trading platforms, and sometimes certifications
Work EnvironmentFactories, farms, mines, or storage facilitiesTrading floors, offices, or online platforms
Industry UsageManufacturing, agriculture, miningFinancial markets, commodities exchanges

In summary, a Commodity refers to raw materials like oil, gold, or wheat, while a Commodity Trader specializes in buying and selling these commodities to generate profit. The trader's role involves market analysis, trading strategies, and understanding price fluctuations, whereas the commodity itself is the physical or digital asset being traded.

What are the most commonly searched types of Commodity jobs in Minnesota? The most popular types of Commodity jobs in Minnesota are:
What are popular job titles related to Commodity jobs in Minnesota? For Commodity jobs in Minnesota, the most frequently searched job titles are:
What cities in Minnesota are hiring for Commodity jobs? Cities in Minnesota with the most Commodity job openings:
Infographic showing various Commodity job openings in Minnesota as of July 2026, with employment types broken down into 91% Full Time, 6% Part Time, 1% Temporary, and 2% Contract. Highlights an 88% Physical, 6% Hybrid, and 6% Remote job distribution, with an average salary of $96,023 per year, or $46.2 per hour.
Commodity Manager

Commodity Manager

Turck Inc

Minneapolis, MN โ€ข On-site

$108K - $128K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 18 days ago


Job description

What You Will Do

As a Commodity Manager for TURCK, you will develop, formulate, and implement commodity strategies to achieve cost savings, stability of the supply base, and alignment with company application requirements. Commodities may include raw, semi-finished, finished, and indirect materials. Develop and lead a Resilient Supply Chain Strategy that identifies and mitigates geopolitical, economic, and market-driven risks for TURCKโ€™s critical automation components. Act as a Strategic Business Partner to Engineering and R&D to ensure early supplier involvement in the product development lifecycle. Define and drive the strategic RFQ roadmap to ensure the supply base meets future technical and cost requirements. Partner with suppliers to provide the quality, price, and timely delivery required to meet Turck's requirements. This role will provide direct factory support for the assigned commodity.

Vendor Management

  • Develop, support, and maintain supplier relations. Responsible for overall supplier performance in assigned commodities by measuring supplier activities, ongoing engagement, and supplier audits.
  • Effectively manage supplier selection to meet the requirements of commodity strategy, quality, service, cost, risk mitigation, and supplier capabilities.
  • Oversee the quoting process and services to meet customer demands, including supplier stocking programs, supplier forecast, on-time deliveries, non-conforming material, certificates of origin, material costing, adherence to product compliance, and development of prototypes.
  • Direct the RFQ strategy for new and existing business, including final vendor selection and negotiation of Master Service Agreements (MSAs), ensuring seamless hand-off to purchasing for PO execution.
  • Assist product management and engineering in sourcing parts and/or developing parts design and engineering specifications (dimensional drawing, material selection, mechanical, chemical, electrical, or thermal properties, and material approvals). Engage suppliers in the Production Part Approval Process (PPAP) to support new product development and product changes.
  • Monitor supplier performance using KPIโ€™s and lead corrective actions as needed.
  • Conduct regular supplier business reviews and drive supplier development initiatives.
  • Drive the supply base to develop process improvements: make recommendations to improve vendor operations' productivity, quality, and efficiency.
  • Proactively manage end-of-life cycles and develop mitigation strategies (e.g., life-of-buy, alternate sourcing) to prevent production delays.

Commodity Management

  • Develop and implement effective sourcing and commodity strategies in support of company objectives and through analysis of company requirements.
  • Investigate, recommend, and develop alternative sources while promoting continuity of supply, consistency of quality, and competitive pricing.
  • Educate themselves concerning commodities they are responsible for and maintain a good working knowledge of Turck products.
  • Act independently to identify and develop supply chain improvement opportunities for given commodities.
  • Execute periodic Market Baskets and RFQs to benchmark current pricing against market indices and identify TCO reduction opportunities. Provide management with forecasts of trends and potential risk areas, specifically regarding single-source dependencies and delivery delays.
  • Develop mitigation plans such as safety stock or alternate suppliers.
  • Manage cost savings through local and regional sourcing.
  • Provide recommendations for alternative materials or new processes.
  • Optimize and maintain system data integrity to drive the accurate generation of automated procurement messages and MRP requirements.
  • Serve as a functional lead to mentor and elevate the strategic sourcing capabilities of the team to foster a culture of excellence within the senior buyer and buyer roles and provide functional leadership to junior buyers.
  • Lead cross-functional workshops to identify cost-out opportunities through design-for-manufacturability and material solutions.
  • Facilitate executive-level quarterly reviews focused on innovation, sustainability (ESG), and long-term capacity planning.

General

  • Lead or participate in special projects to support departmental or company objectives, emphasizing cost savings, improving manufacturing speed/flexibility, and risk mitigation.
  • Train other staff members and department associates in systems, procedures, processes, and methodologies.
  • Work closely with planner buyers to ensure consistency in vendor management, support material flow issues, and purchasing functions as required.
  • Act as liaison between the supplier and the rest of the Turck organization.
  • Support the organization in all new product development, programs, and value analysis/value engineering programs.
  • Ensure appropriate product launch plans for the supply chain are in place.
  • Single source communication point for Operations to discuss sourcing activities.
  • Collaborate with global sourcing counterparts (e.g., TURCK TMEX) to harmonize supplier selection and leverage TURCKโ€™s total global spend.
  • Ensure the supply base meets all global regulatory requirements, including RoHS, REACH, and Conflict Minerals (CMRT) reporting.
  • Incorporate Digital Transformation. Utilize data visualization tools (Power BI/Tableau) to automate spend analytics and supplier performance reporting, reducing manual data manipulation for the department.
  • Perform other related duties as assigned.


What You Will Bring

Required:

  • 4-year degree in engineering and/or business with technical aptitude
  • 5+ years of experience sourcing, buying from, and negotiating with distribution and/or manufacturing suppliers (including 2 to 4 years with commodity management responsibilities)
  • Excellent and proven negotiation skills with proven performance
  • Ability to read and understand engineering drawings
  • Thorough understanding of manufacturing concepts and knowledge of MRP/ERP systems
  • Excellent computer skills (advanced Excel and reporting)
  • Demonstrate influence management and leadership skills; ability to build cross-functional consensus and mentor junior staff to successfully implement complex sourcing strategies.)
  • Experience sourcing high-mix, low-volume electronics or precision electromechanical assemblies.
  • Advanced proficiency in financial analysis, including the ability to build โ€˜Should-Costโ€™ models to validate RFQ responses.
  • Comfortable with international exposure/international sourcing experience

Desired:

  • CPSM (Certified Professional in Supply Chain Management)
  • Experience using data visualization tools (e.g., Power BI or Tableau) to drive spend transparency and performance metrics.
  • Strong background in several of the following: electromechanical components, electronics components, metal components, connectors and sockets, plastics and rubber products
  • Experience using web-based purchasing/technical search engines Contract manufacturing and industrial automation background
  • Ability to work independently as well as in a team environment
  • Track record of being proactive, taking initiative, and demonstrating a sense of urgency
  • Solid analytical skills and attention to detail/organizational skills
  • Ability to consider and deal with all technical, commercial, and relational aspects of the job
  • Ability to build influential supplier relationships and use those relationships to negotiate delivery and pricing effectively
  • Familiarity with regional trade regulations and logistic practices
  • Executive presence: able to present to C-suite and represent the company to suppliers
  • Familiarity with SAP
  • Fluency in Spanish, Chinese and/or German


Why TURCK?

We're committed to empowering our employees to do meaningful work while supporting their growth, well-being and long-term sucess.

Autonomy & Impact

Take ownership of your work and drive meaningful results. Your ideas and expertise directly influence how we design, improve, and scale our manufacturing capabilities.

Career Growth

Build your skills and grow your career within a global organization that actively invests in your development through hands-on experience, learning opportunities, and cross-functional collaboration.

Collaborative Culture

Work alongside teams who value partnership, inclusion, transparency, and continuous improvement. We believe the best solutions are built together.

Comprehensive Benefits & Wellness Support

We offer a robust benefits package designed to support you and your family, inside and outside of work, including:

  • Onsite healthcare clinician and telehealth access for employees and their eligible family members, providing convenient, accessible care
  • Competitive medical and dental insurance with above-market employer contributions
  • Life and disability insurance
  • 401(k) plan with employer match and profit-sharing opportunities
  • Generous paid time off and paid holidays
  • Tuition reimbursement and continued learning support
  • Wellness programs, including health coaching and mental health resources


Ready to Lead the Future of Automation?

Apply now to join a company where your leadership drives real resultsโ€”and your career can thrive.