Procurement Analytics Manager

Overview

Nutrabolt is a fast-growing, global active health and wellness company with a portfolio of market leading performance-oriented brands that energize and fuel active lifestyles. The company’s disruptive and innovative products compete in the Functional Beverage and Active Nutrition segments, under three consumer-loved brands: C4® (one of the fastest-growing energy drink brands in the United States and the #1 selling global pre-workout brand), XTEND® (the #1 post-workout recovery brand in the United States), and Cellucor® (an award-winning sports nutrition brand created in 2002).

Since its founding 20 years ago, Nutrabolt has set out to meet the discerning needs of performance athletes and fitness enthusiasts, while appealing beyond this core group to include consumers around the globe who are making healthy, active living a daily priority.

As a Certified Great Place to Work, Top Workplaces USA honoree, Fortune Best Workplace in Texas, and more – Nutrabolt cares deeply about our people, planet, and the communities we serve. Here, our teammates are united by our mission, and take ownership in creating a healthy workplace environment that promotes strong bodies, clear minds, and a culture of respect and belonging for all.

This role reports into the SVP, Strategic Sourcing. The Procurement Analytics Manager will manage and oversee several key functions supporting direct cost of goods control and margin improvement. Lead the procurement analytics departmental goals and objectives by compiling and analyzing all global spend, supplier cost inputs, and effectively applying dynamic market changes that affect total cost of ownership. Turn insight into action, driving cost savings and avoidance, simplification, standardization, and strategic sourcing decisions.

• Accountable for the Quarter versus Quarter financial reporting and annual operating plan cost tracking performance.
• RFQ compilation and analytical review to support technical product transfers, new product launch awards, and new co-manufacturer commercialization.
• Continually investigate through cost comparisons and inquiries, Nutrabolt and Bloom Nutrition’s Direct to Buy ingredient cost list, flavor systems, packaging, product testing fees, labor, overhead, and margin among other cost drivers for opportunities.
• Maintain supplier transparent cost files tied to Bill of Materials and create should-cost and cost breakdown models consistently as needed.
• Develop cost benchmarks and savings pipelines for Nutrabolt and Bloom Nutrition’s Active Nutrition and Functional Beverage segments.
• Support departmental negotiations with data-backed scenarios.
• Track, validate, and present all cost saving/avoidance, incentive/rebate realization versus forecast in collaboration with financial reporting.
• Partner with Finance, Supply Chain Operations, and Internal Audit on cost governance.
• Other Strategic Sourcing duties as assigned.

• Degree(s) in Business Administration, Economics, Finance or Supply Chain Management highly preferable.
• Has a minimum of 8+ years of industry experience in Co-Manufacturing, Sourcing & Procurement, and/or Operations Management.
• Has experience in multi-site cost management of global manufacturing network
• Demonstrated ability in building relationships and supplier management best practices
• Advanced Excel/modeling; BI tools (Tableau/Power BI?Net Suite/E2
  
  Open); ERP data fluency
• Comfortable in a highly visible, highly impactful role reporting to Senior Leadership
• Is independent and able to manage time efficiently and adjust to shifting priorities quickly
• Can work well with a diverse group of people and be a strong and dependable team player
• Must be able to work well under tight deadlines and make informed and accountable decisions at a high growth CPG company
• Willing to travel to Nutrabolt’s HQ in Austin, TX as needed under a hybrid in-office model.

Wellness Benefits

Nutrabolt cares about our teammates’ physical, mental, and financial wellness by providing benefits like: competitive health insurance, life insurance, mental wellness programs, 401K matching, and a Lifestyle Spending Account.

Lif…