Commodity/Cost Analyst
Profile Code: AL-ELC-01
- ₹8 LPA (Median Salary)
- Lecture Duration 2hrs
- Course Duration 12 Weeks
Skills You Learn: Cost Analysis | Commodity Management | Should-Cost Modeling | Spend Analytics | Procurement Analytics | Supplier Management | Financial Modeling | Advanced Excel | SQL | Power BI & Dashboards | Market Research | Strategic Sourcing
Overview Video

About This Course
A Commodity/Cost Analyst plays a critical role in the Electronics, Semiconductor, and Hardware industry by analyzing the cost of raw materials, electronic components, and manufacturing inputs that impact product pricing and profitability. The role involves monitoring commodity price trends, preparing cost models, forecasting market fluctuations, and supporting procurement and supply chain teams with data-driven insights. Professionals use tools such as Microsoft Excel, Power BI, SQL, and business intelligence platforms to create dashboards, perform scenario analysis, and evaluate supplier pricing. They collaborate with engineering, sourcing, finance, and operations teams to optimize costs and improve commercial decision-making. As global supply chains and semiconductor demand continue to evolve, Commodity/Cost Analysts are increasingly valuable. With experience, professionals can advance into strategic sourcing, procurement management, supply chain analytics, commercial strategy, or finance leadership roles, making this a rewarding and future-focused career path.
Course Content
3 modules · 12 weeks · 2hrs/dayExcel Advanced Level Modules (With Formulas & Examples)
This document covers advanced Microsoft Excel modules with detailed explanations and important formulas used in real-world data analysis, reporting, and automation.
Power BI Advanced Level Modules (DAX, Time Intelligence, RLS & Optimization)
This Document covers advanced Power BI concepts including DAX functions, time intelligence, row-level security, performance optimization, and enterprise-level BI modeling.
SQL Advanced Level Modules (Joins, Window Functions, Indexing & Optimization)
This Document covers advanced SQL concepts including complex joins, window functions, indexing strategies, query optimization, and performance tuning techniques with examples.
Key Responsibilities
- Analyze commodity pricing and market trends
- Monitor material and component costs
- Develop cost models and should-cost analyses
- Evaluate supplier quotations and pricing strategies
- Track cost reduction opportunities and savings initiatives
- Forecast commodity price movements and supply risks
- Support sourcing and procurement decisions
- Conduct spend and profitability analysis
- Prepare cost reports and dashboards
- Collaborate with engineering, procurement, and finance teams to optimize product costs
Growth Path
Tools Used
Perfect For
Electronics Engineers | Semiconductor Professionals | Supply Chain Analysts | Procurement Executives | Sourcing Specialists | Cost Engineers | Finance Professionals | Operations Analysts | MBA Graduates | Early-Career Manufacturing Professionals
Fee Structure
Mentor
Analytics Learners
Professional Analyst & Mentor