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Commodity Consulting Jobs in Ohio (NOW HIRING)

IT Commodity Manager #1059081 Position Summary: * Leads cross-functional teams for IT categories ... FastTek Global is financially strong, privately held company that is 100% consultant and client ...

$102.80 - $148.49/hr

Conduct market, cost-structure, and price analyses for key spend categories with commodity-driven ... consulting environment * Solid sourcing and supply-chain knowledge paired with a track record in ...

New

... consultative selling skills Comfort with a mix of virtual work, regional travel, and in-person ... commodity pricing Benefits Uncapped quarterly commission Health, dental, and vision insurance ...

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Commodity Consulting information

What is commodity consulting?

Commodity consulting is a professional service that provides expert advice and strategic guidance to businesses involved in the buying, selling, or trading of commodities such as energy, metals, agriculture, and more. Consultants in this field help organizations manage price risk, optimize procurement and supply chain strategies, and navigate market volatility. They also offer insights on market trends, regulatory compliance, and sustainability practices. The goal is to help clients make informed decisions that improve profitability and reduce exposure to commodity price fluctuations.

What are the key skills and qualifications needed to thrive as a commodity consultant, and why are they important?

To thrive as a Commodity Consultant, you need analytical expertise in market trends, risk management, and supply chain logistics, often supported by a degree in finance, economics, or a related field. Familiarity with commodity trading platforms, data analytics tools, and relevant certifications like CFA or FRM is highly valuable. Strong negotiation, communication, and relationship-building skills help consultants effectively advise clients and foster trust. These competencies are critical for making informed recommendations and driving profitable outcomes in dynamic, global commodity markets.

What are some common challenges faced by professionals in commodity consulting, and how can they be addressed?

Professionals in commodity consulting often encounter challenges such as rapidly changing market conditions, volatile prices, and complex regulatory environments. Staying updated on global trends and maintaining strong analytical skills are essential to provide accurate, timely advice to clients. Successful consultants also develop robust communication and relationship-building abilities to collaborate with diverse stakeholders, including producers, traders, and financial institutions. Leveraging industry tools and continuously expanding one's professional network are effective strategies to address these challenges and deliver value to clients.

What is the difference between Commodity Consulting vs Commodity Trading?

AspectCommodity ConsultingCommodity Trading
Required CredentialsRelevant degrees, certifications in commodities or financeFinancial licenses, trading certifications
Work EnvironmentAdvisory firms, consulting agenciesTrading floors, financial institutions
Employer & Industry UsageConsulting firms, energy, agriculture, metals sectorsBanks, trading companies, hedge funds
Search & Comparison IntentUnderstanding advisory roles, career pathsMarket analysis, investment strategies

Commodity Consulting involves advising clients on commodity markets, risk management, and strategy, often within consulting firms or energy companies. In contrast, Commodity Trading focuses on buying and selling commodities directly in financial markets or trading floors. While both roles require knowledge of commodities, consulting emphasizes advisory services, whereas trading centers on executing transactions for profit.

Do commodity consulting pay well?

Commodity consulting professionals typically earn competitive salaries that vary based on experience, location, and the complexity of the projects. Senior consultants or those with specialized skills in risk management, market analysis, or trading can earn higher compensation, often supplemented by bonuses or performance incentives.

What are popular job titles related to Commodity Consulting jobs in Ohio?

For Commodity Consulting jobs in Ohio, the most frequently searched job titles are:

What cities in Ohio are hiring for Commodity Consulting jobs?

Cities in Ohio with the most Commodity Consulting job openings:

IT Commodity Manager

FastTek

Maumee, OH

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 5 days ago


Job description

IT Commodity Manager #1059081
Job Description:
Position Summary:
  • Leads cross-functional teams for IT categories resulting in procurement decisions delivering the highest quality, reliability, lowest risk, and highest value to meet requirements, directs the activities associated with the SCMG managed global spend for a designated commodity category.
  • Responsible for identification and evaluation of global or regional opportunities within the Commodity Category for reduction of spend, consolidation of process or suppliers, function and continuity of supply or service.
  • Manages the Contracts within the Commodity category and reports the metrics associated with them.
  • Delivers continuous improvement in cost, process and services within the commodity category.
  • Coordinates sourcing process and negotiates agreements, using a strategic sourcing methodology.
  • This includes industry research, supplier qualification, RFI, and RFP activities.
  • Additionally, supports negotiation activities designed to deliver cost savings through supplier and contract management or services restructuring.
  • Generates recommendations based on Total Cost of Ownership comparisons.
  • Monitors and reports on activities associated with named commodity category.

Major Duties and Responsibilities:
  • Manages and negotiates commercial terms within IT/Telecom purchasing contracts, including associated maintenance agreements for all regions where operates
  • Identifies and communicates approved sources for IT products and services.
  • Identifies opportunities for global leverage of volumes and purchasing power.
  • Monitors the contribution of the assigned Commodity to departmental results
  • Is familiar with key cost drivers and industry related events tied to assigned category.
  • Obtains and analyzes quotes or proposals, develops negotiation plans, with some guidance, to determine best value, then recommends global sourcing solutions based on data and facts collected.
  • Manages Ariba catalog setup/program for IT suppliers, to support an overarching preferred supplier strategy
  • Monitors performance of the suppliers to ensure attainment of objectives in quality, delivery, service, and cost
  • Ensures results for Commodity Categories tie closely to Corporate Objectives.
  • Acts as liaison for SCMG to the Information Technology (IT) Department for IT.
  • Maintains pipeline status updates to show progress towards goals and objectives
  • Presents special assignments results, project updates and such to management as required.
  • All other duties as assigned

Minimum Qualifications:
  • 5 - 7 years' experience working in IT/Purchasing, to include negotiation and contract experience,
  • Global experience a plus
  • Four-year degree in Supply Chain Management or related field
  • Strong team player, able to work effectively on cross-functional teams. Ability to engage others directly/indirectly in discussion and 'sell' sourcing/procurement value-added services
  • Ability to juggle multiple projects/processes, prioritize activities and take action with little oversight
  • Understanding of general concepts of process mapping, change management, and foundational activities needed to strategically support management of IT spend program
  • Ability to take on tactical activities as well as lend support/assistance to strategic efforts
  • Analytical skills as it relates to cost/value reviews, assessments, and reporting
  • Excellent communication skills, verbal and written.
  • Maintains an organized and professional manner when representing
  • Willing to travel globally as required (estimate 10%).

Additional Info:
At FastTek Global, Our Purpose is Our People and Our Planet. We come to work each day and are reminded we are helping people find their success stories. Also, Doing the right thing is our mantra. We act responsibly, give back to the communities we serve and have a little fun along the way.
We have been doing this with pride, dedication and plain, old-fashioned hard work for 24 years!
FastTek Global is financially strong, privately held company that is 100% consultant and client focused.
We've differentiated ourselves by being fast, flexible, creative and honest. Throw out everything you've heard, seen, or felt about every other IT Consulting company. We do unique things and we do them for Fortune 10, Fortune 500, and technology start-up companies.
Our benefits are second to none and thanks to our flexible benefit options you can choose the benefits you need or want, options include:
  • Medical and Dental (FastTek pays majority of the medical program)
  • Vision
  • Personal Time Off (PTO) Program
  • Long Term Disability (100% paid)
  • Life Insurance (100% paid)
  • 401(k) with immediate vesting and 3% (of salary) dollar-for-dollar match

Plus, we have a lucrative employee referral program and an employee recognition culture.
FastTek Global was named one of the Top Workplaces in Michigan by the Detroit Free Press in 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023!
To view all of our open positions go to: https://www.fasttek.com/fastswitch/findwork
Follow us on Twitter: https://twitter.com/fasttekglobal
Follow us on Instagram: https://www.instagram.com/fasttekglobal
Find us on LinkedIn: https://www.linkedin.com/company/fasttek
You can become a fan of FastTek on Facebook: https://www.facebook.com/fasttekglobal/