Commodity Analyst

Join our team of more than 34,000 team members, supporting our members and communities in our Club Support Center, 235+ clubs and eight distribution centers. BJ’s Wholesale Club offers a collaborative and inclusive environment where all team members can learn, grow and be their authentic selves. Together, we’re committed to providing outstanding service and convenience to our members, helping them save on the products and services they need for their families and homes.

The Benefits of working at BJ’s

•        BJ’s pays weekly

•        Eligible for free BJ's Inner Circle and Supplemental membership(s)*

•        Generous time off programs to support busy lifestyles* 

                      o Vacation, Personal, Holiday, Sick, Bereavement Leave, Jury Duty

•        Benefit plans for your changing needs*

                      o Three medical plans**, Health Savings  Account (HSA), two dental plans, vision plan,flexible spending ​

•        401(k) plan with company match (must be at least 18 years old)

*eligibility requirements vary by position

**medical plans vary by location

Job Profile:

The Commodity Analyst is the liaison between their assigned division(s) and the Strategic Sourcing & Procurement team. The Analyst is responsible for the timely handling of commodity information requests and providing analysis focusing on consumption and other economic considerations. The work will include developing and deploying complex cost and forecast models, commodity data tools, and processes to influence decisions related to risk management and margin enhancement. Effective project management, presentation creation, communication of crucial details to stakeholders, and building and maintaining commodity tracking dashboards and templates are a must. The goal is to ensure that their assigned division(s) expectations have been met or exceeded while adhering to BJ’s established policies and procedures. To succeed, it is imperative to build strong relationships in person with the BJ’s Merchant team and Merchant Analytics team at the Club Support Center and help them to understand and integrate commodity market information within the sourcing process.

Job Responsibilities:

• Provide timely, accurate, and actionable insights to key customers such as the merchant team (Direct Spend), Merchant Analytics team, and SS&P team (Indirect Spend).
• Review and scrub historical pricing data and respond to price increases using commodity information sources, analyzing component costing and sourcing recommendations.
• Develop, enhance, and execute complex tools, models, and processes to forecast and describe price, supply and demand, relative value, and global trends.
• Create, manage, and review formula and cost model pricing to manage risk, drive efficiencies and cost improvements.
• Create, maintain, and automate commodity market tracking reports that monitor COGS, Indirect SG&A expenses.
• Project management responsibilities include maintaining a detailed project plan, regular updates about strategy, adjustments, progress, and measured outcomes to identify areas for improvement
• Build Commodity “101” Level Introductions to Commodities to help educate the Merchant teams and deliver those presentations in person.
• Develop, coordinate and support initiatives related to technology and data to predict commodity fluctuations better
• Proactively identify and provide support to capture cost savings opportunities and explain those opportunities to SS&P and the Merchant team.
• Provide thought leadership for new data, technology, tools, and innovation.
• Independently solve moderately complex issues with minimal supervision while escalating more difficult issues to appropriate staff.

Job Qualifications:

• Strong communication and negotiation support & skills
• Knowledge of PowerPoint, Excel and Word
• Understanding of commodity futures markets and forward curves
• Light domestic travel required (2 to 4 short trips per year)
• Strong data analysis, logic, and curiosity skills
• Strong research skills
• Strong attention to detail and organizational skills
• Bachelor's Degree required

This is a hybrid role. Tuesday through Thursday are in-office days at BJ's Club Support Center in Marlborough, MA and Monday and Friday are remote days.