Commodity Analyst

The Commodity Analyst will be responsible for various functional activities related to indirect procurement commodities. This includes Commodity Sourcing Supplier Evaluation and Management where you will lead the evaluation and selection of suppliers, present recommendations to stakeholders, negotiate commercial terms, and collaborate with the legal team for contract negotiations. Additionally, you will be involved in Market Analysis and Risk Management, Inventory Management, Supplier Performance Monitoring, Compliance and Ethical Standards adherence, Cost Analysis and Optimization, Cross-Functional Collaboration, and Reporting. To qualify for this role, you should hold a Bachelors degree in supply chain management, business administration, or a related field. Relevant certifications such as CPSM are advantageous. A minimum of three years of experience in a commodity analyst or similar position is required. You must have a good understanding of commodity markets, possess strong supplier evaluation and negotiation skills, and demonstrate proficiency in analytical thinking and problem-solving. Excellent communication skills are essential, as you will collaborate with various teams and senior management. Moreover, familiarity with inventory management principles, procurement policies, legal requirements, and ethical standards is crucial. Proficiency in MS Office and Oracle is preferred. In summary, as a Commodity Analyst, you will play a vital role in the procurement process, ensuring efficient sourcing, supplier management, risk assessment, compliance, and cost optimization. Your ability to analyze data, negotiate effectively, and work collaboratively with diverse teams will be key to your success in this position.,