Sr. Business Intelligence Analyst - Procurement

Location:

Remote or On-Site Salary: 90k to 115K

At Nordic Naturals, we take pride in crafting foundational nutrients to help people all over the world live healthy lives. Our mission is to give people, pets, and families the highest-quality nutrients possible to be well and support optimal health. This seemingly simple mission of global health relies on a dedicated team of motivated employees who share our passion for nutrition and wellness.

Join us and discover how rewarding it can be to make a living while contributing to a truly great cause.

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.

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

• 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…