Procurement Analyst, Indirect & Capex

Job Description

This is a hybrid position with 3 days a week in our Lake Forest office.

Novolex is seeking a highly analytical, strategic, and results-driven Procurement Analyst to join the Procurement Center of Excellence (COE) Analytical Team, supporting the Indirect and Capex vertical. This role will serve as a critical business partner across Procurement, Finance, Engineering, Operations, Supply Chain, IT, HR, and plant leadership to drive sourcing discipline, cost optimization, capital project support, and compliance across enterprise spend categories.

The ideal candidate will combine strong financial acumen, data analytics expertise, sourcing knowledge, and project coordination capability to develop actionable insights, support competitive bidding events, improve total cost of ownership, and strengthen supplier performance across indirect goods, services, and capital investments.

This position will play a key role in building scalable procurement analytics, supporting annual operating plan (AOP) development, enabling capital project procurement governance, and accelerating value creation across Novolex’s indirect spend portfolio, including MRO, facilities, corporate services, logistics, energy, and capital equipment.

• Develop, maintain, and continuously improve spend analytics across key indirect categories, including MRO, facilities, utilities, logistics, corporate services, IT, and other enterprise services.
• Build total cost of ownership models that evaluate supplier pricing, service levels, implementation costs, freight, maintenance, warranty exposure, and ongoing operating impacts.
• Support monthly, quarterly, and annual forecasting processes for indirect and capex spend, including budget tracking and variance analysis versus AOP.
• Provide analytical support to category leaders and business stakeholders through dashboards, scorecards, and executive-ready reporting.

• Support development, execution, and analysis of RFIs, RFPs, and RFQs across indirect goods, services, and capex categories.
• Normalize supplier proposals and perform commercial analysis on pricing, payment terms, service levels, warranty provisions, and implementation timelines.
• Track sourcing pipelines, savings delivery, contract milestones, and project implementation status across assigned categories.
• Support negotiation preparation through market benchmarking, scenario modeling, and supplier fact‑based analysis.

• Support Procurement, Finance, and business teams in AOP development by modeling indirect spend assumptions and capital investment plans.
• Maintain reporting that measures savings, cost avoidance, compliance, and spend performance versus budget and forecast.
• Support leadership reporting for monthly business reviews, quarterly business reviews, and executive updates.
• Help enforce sourcing governance, approval workflows, and documentation standards for indirect and capex procurement activities.

• Support supplier scorecards, service‑level performance reviews, and contract compliance tracking across indirect and capex suppliers.
• Monitor supplier risk related to financial health, operational capability, geographic exposure, safety performance, quality trends, and continuity of supply.
• Maintain sourcing files, bid summaries, contracts, and supporting documentation to ensure audit readiness and policy compliance.

• Build dashboards, scorecards, and analytics tools using ERP, Coupa, Power BI, Excel, and other procurement systems to improve decision‑making and visibility.
• Improve data quality, reporting automation, and master data discipline across procurement operations and capital project tracking.
• Support procurement process improvement, standard work, and COE capability development across sourcing and procure‑to‑pay activities.
• Help establish scalable best practices, templates, and governance tools that strengthen indirect and capex procurement execution.

• 3–7 years of experience in procurement,…