anyone has more to share?

No need for technical expertise in commodity to be commodity manager.
I was a electrical commodity manager, its easy to pick up if you mingle with your vendors a lot,do more research, get your supplier to present to your their products, road map.
I was a commodity manager for elect. for over 4 years, but I was only earning 7+k a month.
I have since switched commodity recently to IT and also changed industry. I did not suffer a pay cut .SImiliarly, apply the same common sense and eagerness to learn. Work closely with your vendors and internal stakeholders to understand what they need.

From my switch I had a 4digit pay rise and I am not technically trained I all the commodities I do. also, there seems to be a lot of jobs out there as I am frequently called up for interviews

sorry to be blunt, but if you have to ask then you are maybe not suitable for the role. The forum is good for you to come in to check out and benchmark, but such questions, is through discovery with people in these roles. Also, with some curiosity and assumption.
Somehow, I imagine a little boy typing out your questions in a forum. (AKA not serious)

I'm confused. Is this commodities IT or IT? Care to share what's your job scope now?

take care of IT spend and plan strategy for IT spend within my organization. short and simple

which commodities group usually pay better? some replied that indirects pay better in sg
banks are usually looking for IT and indirects from what i see

currently im in an ops role, how long do u think i need in order to move into commodity manager role?

anyone from global sourcing move into commodities trading?

bump 10 char

Obviously banks have no directs... Buy money....?

Obviously you have nothing better to contribute to the thread