Job Application for Senior Procurement Analyst at Nordic Naturals

New

Location: Remote

Salary: 90k to 115K

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.

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Senior Procurement Analyst

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