LKQ Corporation · 1 month ago
Commodities Analyst
3102 Nashville, TN - Regional
Full-time
Onsite
Mid LevelLKQ Corporation is seeking a motivated Commodities Analyst to join their team. The role involves monitoring and analyzing the scrap metal market to optimize pricing, manage risk, and forecast revenue, directly impacting the company's profitability. Responsibilities include market analysis, pricing strategy development, risk management, and reporting.
AutomotiveManufacturingRecycling
Responsibilities
Monitor daily scrap metal market trends, global supply and demand, and economic conditions that influence prices
Use statistical analysis and forecasting models to predict price fluctuations and market trends
Track the prices of key commodities like ferrous and non-ferrous metals to determine optimal pricing strategies
Develop and update daily price sheets for scrap materials purchased and sold at the salvage yard
Collaborate with the purchasing and sales teams to implement strategies that optimize input costs and maximize sales revenue
Provide market insights to senior management to guide strategic decision-making
Analyze potential risks associated with market volatility and geopolitical events
Provide analysis to help the company determine when to buy, sell, or hold inventory based on market conditions
Generate regular reports on market trends, commodity prices, and financial performance
Communicate market changes and pricing strategies to relevant stakeholders, including yard managers, procurement, and sales teams
Utilize spreadsheets, databases, and market intelligence software to organize and analyze data
Maintain accurate records of all commodity transactions and market information
Develop, deploy, and maintain scalable and interactive Excel and Power BI dashboards and reports to track key performance indicators (KPIs) and visualize commodity market trends
Convert raw data sets from multiple sources into insightful, actionable information by developing and automating reports and dashboards in Power BI and Excel
Develop and maintain analytical tools (e.g., pricing models) for total cost of ownership (TCO) and price optimization opportunities
Present analysis to internal and external audiences at all organizational levels in a user-friendly, intelligent way
Qualification
Required
Bachelor's degree in Economics, Statistics, Finance, or a related field is often required
Proven experience in financial analysis, forecasting, and data interpretation, preferably within the commodities or recycling industry
Proficiency in data analysis tools, including Microsoft Excel and statistical software like Project R, is highly valued
Strong understanding of commodity markets and the factors influencing scrap metal prices
Excellent analytical, problem-solving, and decision-making skills
Strong communication and relationship management skills to work effectively with suppliers, customers, and internal teams
Benefits
Competitive benefits
Company
LKQ Corporation
LKQ Corporation is a provider of alternative collision replacement parts and provider of recycled engines.
Founded in 1998
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2003-10-03IPO
Leadership Team
D
Dominick Zarcone
President and Chief Executive Officer
Justin Jude
President & CEO
Recent News
LKQ Corporation
2025-12-04
2025-11-04
LKQ Corporation
2025-10-31
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