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

Candidates interested in this Opportunity should apply IMMEDIATELY. DO NOT DELAY. Please click on the “Apply Now” button to fill out your application. If you have any questions, you can contact Julie Bruce at, or via phone 631-844-7635.
This position is being recruited for by Adecco’s Service Delivery Center, not your local Adecco Branch Office. To be considered for this position, you must use the “apply now” button to submit your resume. If you have questions about the position, you may contact the recruiter recruiting for this position listed above, however your resume must be received via the “apply now” button included within to be considered.
The Adecco Group is a global leader in HR services.  Our group connects over 700,000 associates with our business clients each day through our 6,600 offices in over 70 countries and territories around the world.  We offer employment opportunities at any stage in your professional career.  Contact us today to discuss available contract and direct hire positions.  Adecco Group offers benefits including Holiday, 401(k), Insurance Benefit Plans and Service/Anniversary Bonus opportunities.  
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Reference number US_EN_99_022862_471069