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Commodity Analyst / Jr. Commodity

Commodity Analyst / Jr. Commodity

CompanySedgwick Claims Management Services
LocationOhio, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelJunior, Mid Level

Requirements

  • Bachelor’s degree in business administration, Supply Chain from an accredited college or university preferred.
  • Two plus (2+) years of related experience or equivalent combination of education and experience required.
  • Experience with P2P platforms and/or Power BI helpful but not required.

Responsibilities

  • Conducts market research to identify risks and trends and reviews possible opportunities in commodity sourcing.
  • Monitors fluctuations in commodity prices, analyzes spending patterns and identifies opportunities for cost reductions without compromising quality.
  • Supports supplier negotiations by documenting and summarizing changes, ensuring the system is updated accordingly.
  • Analyzes supplier performance by checking if they meet cost-saving goals.
  • Establishes and maintains relationships with suppliers to ensure reliable and sustainable commodity sourcing.
  • Maintains the documentation of contracts, request for proposals (RFPs), supplier agreements, and processes.
  • Partners on sourcing projects that require collaboration across various teams and departments.
  • Stays abreast of industry news, market trends, and regulatory changes that could affect commodity prices.

Preferred Qualifications

  • IIBA, CIPS or CPSM helpful but not required.
  • Experience with P2P platforms and/or Power BI helpful but not required.