Senior Procurement Analyst

We are seeking a highly analytical and forward-thinking Senior Procurement Analyst focused on BI and Data Analytics to support our Strategic Sourcing and Procurement team. This position is not a traditional procurement role, it's a key partner in delivering data-driven insights, improving visibility into spend and cost drivers, and enabling more effective sourcing decisions. This position plays a critical role in building and scaling procurement analytics, tools, and data infrastructure—in some cases from the ground up. The analyst will help advance the organization’s procurement capabilities by improving reporting, standardizing data, and supporting the adoption of modern systems and technologies. Working closely with the Strategic Sourcing and Procurement team, this role provides the analytical foundation, market insights, and reporting needed to support category and supplier strategies, while partnering with Finance to ensure accurate tracking and realization of cost changes. Reasonable Accommodations Statement To accomplish this job successfully, an individual must be able to perform, with or without reasonable accommodation, each essential function satisfactorily. Reasonable accommodations may be made to help enable qualified individuals with disabilities to perform the essential functions. Key Responsibilities/Essential Functions Analytics, Insights & Reporting Provide data-driven insights and reporting to support sourcing decisions and financial planning Analyze spend, volume, and supplier data across categories to improve cost visibility and support sourcing decisions Translate demand and MRP data into clear insights, including impacts to spend, supplier capacity, and sourcing opportunities Develop cost models and pricing analyses, including should-cost and total cost of ownership frameworks Design and maintain dashboards and reporting for procurement KPIs Partner closely with Finance to ensure accurate tracking, validation, and actualization of cost savings and cost changes Support budgeting, forecasting, and variance analysis related to procurement initiatives Develop clear, compelling presentations and slide decks, including executive updates, supplier QBRs, and sourcing insights Data, Tools & Procurement Capability Build and scale the data, systems, and capabilities that enable a best-in-class procurement function Design and maintain data structures and reporting frameworks, including spend classification, supplier hierarchies, and KPI definitions Develop solutions for data collection, cleansing, and analysis, including building datasets and tools where needed Improve tools and systems, including defining requirements, improving usability, and driving adoption Contribute to the procurement maturity roadmap and evaluate emerging technologies, including advanced analytics and AI-driven tools Category & Sourcing Support Enable Category Managers through data-driven insights, analysis, and performance visibility Partner with Category Managers to deliver market research, inflation trends, key cost drivers (e.g., fish oil, resins, freight), and supplier insights that inform category and sourcing strategies Track relevant indices and provide ongoing visibility into cost movements and market dynamics Enable RFI/RFP processes, including improving and automating workflows where possible Analyze and track supplier performance, developing KPIs and scorecards (cost, service, quality, reliability) Contribute to development of supplier management and segmentation strategies (e.g., Kraljic matrix) based on performance, risk, and strategic importance Track Procurement program progress and ensure visibility into realized vs. projected savings Success in This Role Looks Like Delivering clear insights that help Category Managers make better sourcing decisions Building reliable reports and dashboards that improve visibility into spend, savings, and supplier performance Creating clean, structured data and tools that reduce manual work and improve accuracy Partnering with Finance to ensure cost savings and changes are accurately tracked Identifying cost-saving opportunities and risks through data and market analysis Communicating insights through clear, concise presentations that support decision-making Position Qualifications Required 5+ years of experience in procurement, sourcing, supply chain, or analytics roles Strong experience with spend analysis, cost modeling, and financial/data analysis Advanced proficiency in Excel and experience with BI tools (Domo, Power BI, or similar) Experience working with ERP or procurement systems (preference for SAP) Ability to translate complex data into clear insights and executive-ready materials Preferred Experience building or improving data structures, reporting frameworks, or analytics capabilities Experience partnering with Finance on cost tracking, budgeting, or savings validation Familiarity with commodity markets, cost indices, or supply market analysis Exposure to SQL, Python, or advanced analytics tools Experience evaluating or implementing digital or AI-enabled procurement tools Competency Statements Positive - Ability to view all situations with a positive attitude. Accountable – takes ownership for responsibilities, acknowledges and learns from mistakes Innovative - Ability to look beyond the standard solutions and "think outside the box". Independent – Must be self-motivated and able to manage obligations without direct supervision Assertiveness - Ability to act in a self-confident manner to facilitate completion of a work assignment or to defend a position or idea. Communication - Ability to communicate effectively with others using spoken and written word clearly and concisely. Customer Oriented - Ability to take care of the customers’ needs while following company procedures Enthusiastic - Ability to bring energy to the performance of a task. Self Motivated - Ability to be internally inspired to perform a task to the best of ones ability using his or her own drive or initiative. As set forth in Nordic Naturals’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law. #J-18808-Ljbffr