Functional Responsibilities
The Commodity Analyst will have ownership and accountability for the following functional activities in the assigned indirect procurement commodities.
Commodity Sourcing Supplier Evaluation and Management: Serves as the procurement lead in the procurement lead in the evaluation and selection of suppliers, and presenting a joint recommendation along with the stakeholders, to the management. Negotiation and Contract Management. The commodity analyst must be capable of negotiating commercial terms and work well with the legal team in contracts negotiations and execution. Market Analysis and Risk Management. Inventory Management. Supplier Performance Monitoring. Compliance and Ethical Standards. Cost Analysis and Optimization. Cross-Functional Collaboration. Reporting.
Requirements:
Bachelor’s degree in supply chain management, business administration, or a related field. Relevant certifications (e.g., CPSM) are a plus. Three plus years minimum experience in a commodity analyst or similar roles. knowledge of commodity markets. Strong supplier evaluation and negotiation skills. Analytical and problem-solving skills. Excellent communication skills. Ability to work collaboratively with cross-functional teams and senior management. Strong negotiation and influencing skills. Familiarity with inventory management principles and practices. Knowledge of procurement policies, legal requirements, and ethical standards. MS office and Oracle proficiency.