Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between commodity analysts and purchasing supervisors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a commodity analyst and a purchasing supervisor. Additionally, a commodity analyst has an average salary of $87,261, which is higher than the $68,702 average annual salary of a purchasing supervisor.
The top three skills for a commodity analyst include risk management, commodities and macro. The most important skills for a purchasing supervisor are purchase orders, MRP, and supplier performance.
| Commodity Analyst | Purchasing Supervisor | |
| Yearly salary | $87,261 | $68,702 |
| Hourly rate | $41.95 | $33.03 |
| Growth rate | 11% | -6% |
| Number of jobs | 11,130 | 19,412 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 62% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
A commodity analyst focuses on the raw material part of the stock market. This job can range from analyzing oil and electricity to soybeans and fruits. Typical tasks of a commodity analyst include monitoring the commodities and market industries, analyzing financial information, and drafting accurate reports for investors. This analyst requires at least a bachelor's degree in finance, economics, or a related field. Other qualifications include using computer software, a thorough knowledge of economics, and analytical skills.
A purchasing supervisor orders supplies, equipment, and materials from vendors by buyers. The purchasing supervisors assess, select, and build relationships with the vendors. They do the negotiation for the contracts of goods and services. It is their job to review the purchase orders for accuracy and ensure to obtain the best prices. The skills supervisors need to develop include marketing, communication, leadership, and management. They should also know about purchasing products and services.
Commodity analysts and purchasing supervisors have different pay scales, as shown below.
| Commodity Analyst | Purchasing Supervisor | |
| Average salary | $87,261 | $68,702 |
| Salary range | Between $63,000 And $119,000 | Between $45,000 And $104,000 |
| Highest paying City | Boston, MA | San Francisco, CA |
| Highest paying state | Massachusetts | California |
| Best paying company | Apple | CDW |
| Best paying industry | Finance | Technology |
There are a few differences between a commodity analyst and a purchasing supervisor in terms of educational background:
| Commodity Analyst | Purchasing Supervisor | |
| Most common degree | Bachelor's Degree, 79% | Bachelor's Degree, 62% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between commodity analysts' and purchasing supervisors' demographics:
| Commodity Analyst | Purchasing Supervisor | |
| Average age | 48 | 48 |
| Gender ratio | Male, 63.6% Female, 36.4% | Male, 57.4% Female, 42.6% |
| Race ratio | Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.8% White, 65.5% American Indian and Alaska Native, 0.8% | Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.5% Asian, 7.8% White, 65.4% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 7% |