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Inspire · 5 hours ago

Commodity Trading Analyst

Atlanta, GA

Full-time

Onsite

Entry Level

1+ years exp

Inspire is a multi-brand restaurant company that is seeking a Commodity Trading Analyst to provide data analysis and support to the Commodity Management team. The role involves forecasting commodity prices, performing market basket analysis, and tracking hedge positions while collaborating with cross-functional stakeholders.

Food and BeverageFood ProcessingRestaurants

Responsibilities

Support Commodity Trading strategies

Perfom assigned analyses to forecast commodity prices

Create analytical and predictive modeling to support the team’s strategic goals

Track and calculate the performance of strategies against actual pricing, Budget, goals of said strategies, and prior year(s)

Perform market basket analysis

Work with Procurement to forecast both exchange traded and physical commodity prices for all market basket items for all brands

Work with Commodity Management leadership to forecast commodity component of prices for all market basket items

Combine data to create a forecast of pricing for all brands as an input to their Budget

Track prices throughout the year to determine deviation from forecast and provide a report to Inspire Supply Management and brand teams

Develop templates that are consistent across brands and meet the needs of all brands for tracking commodity positions and overall performance to Budget /prior year

Track Hedge Positions and Team P/L

Support Commodity Team in tracking potential, in progress, and achieved savings versus market and profitability

Report to team stakeholders on performance

Partner with cross functional stakeholders

Provide them with necessary commodity data and analysis to support strategic goals

Follow relevant news sources on information about commodities important to Inspire and spread appropriate information to others within the organization

Establish relationships with counterparts across Inspire’s supply base to execute and track hedging strategies

Other tasks as assigned by management could include training on risk management strategies and best practices to prepare the individual for the ability to take over strategy implementation of one or more commodities

Qualification

Data analysisForecasting commodity pricesAnalytical modelingExcelPowerPointOratory skillsPeople orientedEntrepreneurial spiritPresentation skillsSelf-motivated