Commodity Analyst

Adecco Group is assisting a premier client with their search for a Commodity Analyst in Mahwah, NJ. Please review the job details and apply immediately if interested!


Location: Mahwah, NJ
Duration: 3 months
Pay Rate: $40/ hour


Job Summary:


The Commodity Analyst supports the implementation of strategic sourcing initiatives within the assigned commodity. He/she negotiates and procures products and services at the highest quality and best rate. He/she works with suppliers to understand and improve supplier process performance and quality, optimize supply chains, and ensure requisitioning and ordering processes are in place.


Job Duties


Implements Sourcing Initiatives
Supervises the Strategic Sourcing Process to initiate purchase requests for the assigned commodity.
Coordinates and reviews competitive bid quotations, evaluates pricing for inclusion in cost proposals, and contacts suppliers to negotiate or conduct reverse auctions to ensure the bid process is followed by Procurement Analysis.
Analyzes the Total Cost of Ownership to determine the most desirable and best method of purchase.
Works with financial analysts to assess the financial stability of the supplier.
Supports Contracts Management
Drafts contracts based on UPS standards, vendor proposals and UPS requirements to secure deals with vendors.
Modifies standard contracts based on commercial and technical needs and vendor proposal to develop contractual requirements for final acceptance
Works with outside counsel to write and negotiate project specific contracts for highly visible, high dollar value contracts.
Develops position papers to highlight commercial and contractual issues and concerns and determine project and contractual goals.
Prepares contract summaries, risk analysis documents and recommendations for management to execute binding agreements and justify the commercial viability of recommendations.
Interfaces with vendors to ensure ethical and fair business practices.
Develops strategic negotiation plans to facilitate future contract negotiations
Supports RFI and RFP Processes
Develops Requests for Information (RFI), Requests for Proposal (RFP) evaluation matrices and vendor correspondence to meet business needs
Identifies and contacts vendors to meet system, operational and project requirements
Obtains final proposals from vendors to proceed with process.
Provides Internal Customer Support
Resolves procurement requests, issues, and inquiries (e.g., corrects proposals, obtains resources, quotations, competitive bids, etc.) to support customer’s needs.
Assesses and validates customer needs and expectations (e.g., conducts research, evaluates resources, makes sourcing recommendations, etc.) to ensure that the right products or services are delivered on time and at the right price.
Ensures appropriate authorization and documentation is obtained for procurement activities.
Monitors and Reports Performance
Responds to senior management’s requests for data (e.g. supplier metrics, installed incentives, total cost savings, supplier diversity spend, etc.) to provide data.
Conducts internal assessments using price / cost analysis to substantiate research and validation for current purchasing processes.




Job Requirements



Demonstrates the ability to use negotiation techniques in less complex situations; recognizes the potential impact of negotiation proceedings on the business; gains consensus from involved parties.


Proficiency in MS Office products - Required
Bachelor’s Degree or Intl Equivalent Required: Business, Finance, Law, Management, Supply Chain Management


Preferred - data entry knowledge of SAP Ariba










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Reference number US_EN_2_022862_410782