Business Analyst

Heartland Food Products Group is a global leader in the consumer-packaged goods (CPG) industry, producing low-calorie sweeteners, coffee, coffee creamers and liquid water enhancers. We manufacture and market Splenda, the #1 brand in the low-calorie sweetener category and the most recognized in the world.

We make coffee, tea and water taste better and help people live happier, healthier and longer lives by making it easy to reduce sugar.

We offer an excellent compensation and benefits package. Come grow with us! This role is 100% onsite, at the manufacturing plant in Indianapolis, IN.

The Business Analyst, Materials & Ingredients is responsible for providing analytical support to the Strategic Sourcing and Procurement organization through data-driven insights, reporting, forecasting, and market intelligence. This role supports the development and execution of sourcing strategies by analyzing spending, supplier performance, commodity trends, inventory positions, and procurement activities across direct materials and ingredients.

The Business Analyst transforms complex data into actionable recommendations that improve cost management, supply continuity, operational efficiency, and business performance. Working closely with Strategic Sourcing, Procurement, Finance, Operations, Planning, Quality, and R&D teams, this position supports annual savings initiatives, commodity forecasting, supplier management programs, and business planning activities.

• Develop and maintain spend analytics dashboards by supplier, category, commodity, plant, and product line.
• Analyze purchasing trends, pricing changes, and sourcing activities to identify cost savings opportunities and operational efficiencies.
• Support sourcing teams by preparing bid analyses, supplier comparisons, total cost of ownership evaluations, and decision-support models.
• Monitor purchase price variance (PPV) performance and provide detailed reporting on savings initiatives and cost impacts.
• Validate supplier pricing updates and ensure accurate reporting of procurement metrics.

• Monitor key commodity markets impacting ingredient and material costs.
• Track commodity indexes, market reports, supply-demand dynamics, and economic trends affecting procurement categories.
• Develop market intelligence reports and communicate insights to sourcing leadership and key stakeholders.
• Support forecasting activities by modeling anticipated commodity cost movements and potential business impacts.
• Assist in identifying risks and opportunities related to market volatility and supply constraints.

• Develop supplier scorecards measuring quality, delivery, service, responsiveness, and overall performance.
• Analyze supplier performance trends and identify areas for improvement or risk mitigation.
• Support quarterly business reviews through preparation of supplier performance reports and presentations.
• Monitor supplier concentration, dependency, and continuity risks.
• Assist in supplier qualification and business continuity initiatives through data collection and analysis.

• Analyze inventory levels, consumption patterns, safety stock positions, and service performance.
• Partner with Planning and Operations teams to identify opportunities to improve working capital and inventory efficiency.
• Support material availability reviews and investigate potential supply disruption risks.
• Develop reporting tools that improve visibility into inventory health and material usage trends.
• Assist with root-cause analysis related to shortages, excess inventory, and supplier performance issues.

• Support development of the Annual Operating Plan through spend forecasting and commodity cost modeling.
• Prepare financial analyses related to sourcing projects, cost savings initiatives, and supplier negotiations.
• Partner with Finance to understand commodity inflation, cost trends, and budget implications.
• Maintain forecasting models used to support procurement and sourcing decision-making.
• Provide analytical support for strategic projects and executive reporting requirements.

• Bachelor's degree in Business Analytics, Supply Chain Management, Finance, Economics, Data Analytics, Engineering, Operations Management, or a related field.

• 2 to 5 years of experience in business analytics, procurement, supply chain, finance,…