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[Remote] Senior Procurement Analyst

Remote · Malaysia Full-time

Note: The job is a remote job and is open to candidates in USA. Nordic Naturals is seeking a highly analytical and forward-thinking Senior Procurement Analyst to support their Strategic Sourcing and Procurement team. This role will provide data-driven insights and enhance procurement capabilities through improved reporting, data standardization, and modern systems adoption.

Responsibilities

  • 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 savings

Skills

  • 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
  • Experience partnering with Finance on cost tracking, budgeting, or savings validation
  • Familiarity with commodity markets, cost indices, or supply market analysis
  • Exposure to SQL, Python, or advanced analytics tools
  • Experience evaluating or implementing digital or AI-enabled procurement tools

Company Overview

  • Nordic Naturals sells vitamins and supplements. It was founded in 1995, and is headquartered in Watsonville, California, USA, with a workforce of 201-500 employees. Its website is https://www.nordic.com.
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