Senior Procurement Analyst

🕒 July 14

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Nordic Naturals

WebsiteLinkedInAll Job Openings

201 - 500 employees

Founded 1995

🏥 Healthcare

🍽️ Food & Beverage

🏭 Manufacturing

Healthcare • Food & Beverage • Manufacturing

Nordic Naturals is a consumer health company that develops, manufactures, and sells omega-3 fish and algae oil supplements, vitamins, minerals, probiotics, and gummy formulations for people and pets. Founded in 1995, the brand emphasizes purity, freshness, potency, and evidence-informed formulations, sells direct-to-consumer through e-commerce subscriptions and retail channels, and offers professional and veterinary product lines.

📋 Description

• 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 • 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 • 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

🎯 Requirements

• 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. • Experience building or improving data structures, reporting frameworks, or analytics capabilities (preferred) • Experience partnering with Finance on cost tracking, budgeting, or savings validation (preferred) • Familiarity with commodity markets, cost indices, or supply market analysis (preferred) • Exposure to SQL, Python, or advanced analytics tools (preferred) • Experience evaluating or implementing digital or AI-enabled procurement tools (preferred)