The Purchasing and Commodity Analyst plays a key role in supporting global procurement strategies by providing data-driven insights into commodity markets, analyzing trends, and ensuring cost-effective purchasing decisions. This position requires a deep understanding of commodity exchange pricing, global supply chains, and risk management to optimize purchasing strategies and maintain a competitive advantage.
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Advantages
3 weeks of vacation
Schedule: 5 days on site in person only (Monday to Wednesday: 7am to 4:30pm, Thursday 7am to 4pm, Friday 7am to 12.30)
Medical plan
Dental plan
Optometry plan
Responsibilities
Commodity Market Analysis:
Monitor and analyze global commodity exchange price trends and market dynamics affecting oils and related raw materials.
Prepare detailed reports on market conditions, price forecasts, and supply chain risks for management.
Track geopolitical and economic developments influencing the availability and prices of raw materials.
Procurement Support:
Collaborate with the Executive Vice President to develop and implement global procurement strategies.
Evaluate supplier proposals, contracts, and terms to ensure alignment with company objectives.
Support negotiations with suppliers by providing analysis and recommendations to achieve cost savings.
Risk Management:
Assist in developing and implementing risk management strategies, including hedging and futures contracts.
Identify and recommend actions to minimize exposure to market volatility and supply chain disruptions.
Monitor inventory levels to align with procurement strategies and minimize storage costs.
Data Management and Reporting:
Maintain accurate and up-to-date databases on commodity prices, historical trends, and supplier performance.
Provide regular updates to the Executive Vice President and other stakeholders on key procurement performance indicators and market conditions.
Develop dashboards and visualizations to support decision-making.
Supplier Relationship Management:
Assist in building and maintaining strong relationships with global suppliers.
Evaluate supplier performance based on quality, reliability, and pricing benchmarks.
Collaborate with suppliers to identify cost-saving opportunities and improve value-added services.
Sustainability and Compliance:
Support the integration of sustainability practices into procurement strategies.
Ensure compliance with international trade regulations, certifications, and company policies.
Qualifications
Bachelor’s degree (or higher) in Economics, Business Administration, Supply Chain Management, or a related field.
2 to 4 years of experience in commodity analysis, procurement, or a similar role (experience in oils or food commodities is a plus).
Strong understanding of commodity exchange pricing and global supply chains.
Experience with data analysis tools (e.g., Excel, Power BI) and ERP systems.
Experience in risk management, including hedging strategies and futures contracts.
Summary
Are you interested in this position in Montreal or simply looking for a new career opportunity?
Contact me so we can discuss it!
By email: Karine.durand@randstad.ca
To view the full list of current positions: www.randstad.ca
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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The Purchasing and Commodity Analyst plays a key role in supporting global procurement strategies by providing data-driven insights into commodity markets, analyzing trends, and ensuring cost-effective purchasing decisions. This position requires a deep understanding of commodity exchange pricing, global supply chains, and risk management to optimize purchasing strategies and maintain a competitive advantage.
Advantages
3 weeks of vacation
Schedule: 5 days on site in person only (Monday to Wednesday: 7am to 4:30pm, Thursday 7am to 4pm, Friday 7am to 12.30)
Medical plan
Dental plan
Optometry plan
Responsibilities
Commodity Market Analysis:
Monitor and analyze global commodity exchange price trends and market dynamics affecting oils and related raw materials.
Prepare detailed reports on market conditions, price forecasts, and supply chain risks for management.
Track geopolitical and economic developments influencing the availability and prices of raw materials.
Procurement Support:
Collaborate with the Executive Vice President to develop and implement global procurement strategies.
...
Evaluate supplier proposals, contracts, and terms to ensure alignment with company objectives.
Support negotiations with suppliers by providing analysis and recommendations to achieve cost savings.
Risk Management:
Assist in developing and implementing risk management strategies, including hedging and futures contracts.
Identify and recommend actions to minimize exposure to market volatility and supply chain disruptions.
Monitor inventory levels to align with procurement strategies and minimize storage costs.
Data Management and Reporting:
Maintain accurate and up-to-date databases on commodity prices, historical trends, and supplier performance.
Provide regular updates to the Executive Vice President and other stakeholders on key procurement performance indicators and market conditions.
Develop dashboards and visualizations to support decision-making.
Supplier Relationship Management:
Assist in building and maintaining strong relationships with global suppliers.
Evaluate supplier performance based on quality, reliability, and pricing benchmarks.
Collaborate with suppliers to identify cost-saving opportunities and improve value-added services.
Sustainability and Compliance:
Support the integration of sustainability practices into procurement strategies.
Ensure compliance with international trade regulations, certifications, and company policies.
Qualifications
Bachelor’s degree (or higher) in Economics, Business Administration, Supply Chain Management, or a related field.
2 to 4 years of experience in commodity analysis, procurement, or a similar role (experience in oils or food commodities is a plus).
Strong understanding of commodity exchange pricing and global supply chains.
Experience with data analysis tools (e.g., Excel, Power BI) and ERP systems.
Experience in risk management, including hedging strategies and futures contracts.
Summary
Are you interested in this position in Montreal or simply looking for a new career opportunity?
Contact me so we can discuss it!
By email: Karine.durand@randstad.ca
To view the full list of current positions: www.randstad.ca
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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