Commodity Manager

 

One of the most critical functions for an organisation to undertake is the management of commodities, or instead, their supply and demand. A commodity is a manufactured product which has both value and price. It can be sold, again and again, making it a quick source of capital for many institutions such as banks, hospitals and retail warehouses. Various roles use the expertise of a commodity manager.

What is a Commodity Manager?

Commodity managers help businesses avoid risk and save money. Commodity managers are responsible for proposing alternative management systems to save costs or increase revenues. They are skilled in developing alternative solutions so that the management of a company can select the most advantageous one in terms of resources, profits, and investments. Commodity managers usually work at trading companies (retail or wholesale), investment banks, and specialised consultants.

They can also act as brokers, finding buyers and sellers for their clients when needed.

 

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Commodity Manager Job Description

Commodity Manager Job Overview

The role of a commodity manager is to oversee sales transactions to make sure that the company makes as much money as possible on every transaction. Commodity managers work closely with other departments because they often need to buy or sell products based on orders from other departments, such as sales or human resources.

Responsibilities of a Commodity Manager

Your day-to-day responsibilities will vary depending on your industry and position, but some of the most common tasks include:

• Managing finances and resources
• Negotiating contracts and agreements with suppliers/customers
• Directing employees within your department
• Managing multiple commodities, including but not limited to raw materials, food products, and other goods
• Track purchase orders for commodities from suppliers
• Ensure that inventory levels are maintained on a timely basis
• The commodity manager must also be able to manage multiple projects simultaneously while still keeping an eye on their budget
• Monitor trends of commodities to predict their demand and supply levels
• Supervise lower-level employees who manage individual commodities

Commodity Manager Qualifications and Skills

To become a commodity manager, you need to have an undergraduate degree in business administration or a related field. You should also have at least two years of experience working as an administrative assistant or similar role. This job requires an understanding of how to run a business and an ability to work well with people:

• Excellent communication skills: You need good communication skills, as you will work with many different people from various departments throughout the organisation. You must also deal effectively with customers and suppliers, who may have other goals than your own. You should also know how to write straightforward emails that explain complex ideas clearly without requiring additional clarification from your audience members (i.e., customers) later on down the road.).
• Working under pressure: Working well under pressure is essential for success in this position because there will often be deadlines that need to be met by specific dates.
• Strong analytical skills and organisational skills

Search jobs similar to this role and find your dream job! Happy hunting.

 

Commodity Manager Jobs currently open:

Financial Accountant: Stock
Location: Durban
Salary:
7 days ago


Financial Manager
Location: Johannesburg
Salary: Monthly
Well established manufacturer based in Wadeville, Germiston requires an experienced Financial manager.  The Financial manager will oversee all financial operations, ensuring compliance with South African regulations, optimizing financial performance, and supporting strategic decision-making
10 days ago


Group Brand Manager
Location: Nigel
Salary: 550 000
A career opportunity exists at REINHARDT TRANSPORT GROUP (NIGEL) for the position of:  GROUP BRAND manager Job Summary:Reinhardt Transport Group (RTG) is seeking a Group Brand manager to lead and manage the organisation’s brand strategy, marketing communication, and digital presence across the Group and its operating divisions.RTG is one of Southern Africa’s established ...
20 days ago


Financial Manager – Operations Division
Location: Stellenbosch
Salary:
23 days ago


Key Account Manager Animal Feeds
Location: Cape Town
Salary: R50000
Well established food manufacturing company requires a Key Accounts manager to sell protein and oil products throughout Southern Africa, to the animal feed industry. The individual, based in the Western Cape, must develop the customer base through a thorough understanding of the South African protein and animal fats market. A good knowledge of the value, availability and sources of alternatives is...
34 days ago


Data Controller (JHB / Stellenbosch / Eastern Cape)
Location: Johannesburg
Salary:
43 days ago


Export Account Manager – (JHB or Stellenbosch)
Location: Johannesburg
Salary:
43 days ago


Key Accounts Manager (Feed)
Location: Milnerton
Salary: Monthly
The main task of this position is to sell the protein, oil/fat(s) and derivatives of Co products. The position must develop the customer base through a thorough understanding of the South African protein, vegetable oil and animal fats market within the feed segment. Focus on developing the feed sales team in servicing the sector and driving customer excellence.
1 day ago


KAM: ANIMAL FEED
Location: Milnerton
Salary: Highly Competative Remuneration
ABOUT THE ROLEThe main purpose of the Key Accounts manager is to drive sales in protein, oil/fat(s) and derivatives. Develop customer base through understanding the protein, veg oil and animal fats market within the feed segment. MINIMUM REQUIREMENTS:BSc Agric Honours5 years relevant experience in commodity Trading in a similar role;Strong analytical and numerical skills;Effective negotiator ...
1 day ago


Finance Clerk (Treasury)
Location: Brackenfell
Salary:
59 days ago