Commodity Analyst
Job Purpose and Impact
The Commodity Analyst will conduct analysis of commodity procured in West Africa with specific focus cotton markets. In this role, he / she will analyze short- and long-term cotton price trends, margins, inventory, supply and demand fundamentals, with a particular focus on the West African cotton. Role expects person to analyze cotton price trends, volume forecasts, supply chain challenges & market assessment and provide actionable insights to stakeholders and maintain a centralized data repository.
Key Accountabilities
- Work closely with West Africa procurement managers to understand the cotton being procured on spot and long-term contracts
- Ensure accurate commodity purchase data in ERP to support procurement visibility and analysis
- Trade Flow Analysis: Monitor trade flows with a focus on cotton from West Africa to markets in Asia
- Track & monitor shipments end to end, including stocks available in transshipment ports and alert of any impending challenges & risks. Closely work with West Afica logistics manager to track the shipments data and provide insights and necessary weekly reports
- Improve the OTIF (on time in full) metric & identify possibilities to reduce cost / add value
- Identify opportunities to strengthen supply chain effectiveness & enhance business value
- Communicate & co-ordinate with cross-functional teams, traders, commercial teams, analysts, and stakeholders to develop market scenarios, provide actionable insights, support data and technology initiatives, and resolve issues independently.
- Responsible for end-to-end sales & purchase contract movements to monitor the business positions at any given point of time.
Minimum qualifications & skills:
- Bachelor’s degree with a minimum of five years of relevant work experience
- Strong analytical, reasoning and collaboration skills, with the ability to communicate & co-ordinate with international & domestic stakeholders
- Advanced excel skills
- Knowledge of INCO Terms, export documentation, shipping & logistics operation
Good-to-have qualifications / skills:
- MBA with supply chain as major subject
- From a commodity trading support, commercial analysis or international supply chain background
- Knowledge of trade data reconciliation, position reporting, freight cost analysis & inventory management