Job Description

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

Position Summary

Novolex is seeking a highly analytical, strategic, and results-driven Procurement Analyst to join the Procurement Center of Excellence (COE) Analytical Team. 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, and compliance across enterprise spend categories.

The ideal candidate will combine strong customer focus, 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.

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.

Key Responsibilities

Spend Analytics

• Develop, maintain, and continuously improve spend analytics across key spend categories.
• 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 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.

Strategic Sourcing & Competitive Event Support

• Support development, execution, and analysis of RFIs, RFPs, and RFQs across procurement 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.

AOP & Spend Governance

• Support Procurement, Finance, and business teams in AOP development by modeling 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 procurement activities.

Supplier Performance, Risk & Contract Governance

• Support supplier scorecards, service-level performance reviews, and contract compliance tracking across procurement 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.

Data Systems, Reporting & Continuous Improvement

• 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 procurement execution.

Qualifications

Required

• 3-7 years of experience in procurement, strategic sourcing, supply chain analytics, finance, or operations analysis.
• Strong financial modeling, spend analysis, and cost management experience.
• Advanced Excel capabilities, including complex formulas, pivot tables, data analysis, and scenario modeling.
• Experience with ERP systems, procurement platforms, or business intelligence tools (e.g., SAP, Tableau, Coupa, Power BI).
• Working knowledge of strategic sourcing, contract management, and procure-to-pay processes for procurement categories.
• Ability to manage multiple priorities, work cross-functionally, and communicate effectively in a fast-paced environment.

Preferred

• Experience in manufacturing, packaging, industrial operations, or a multi-site environment.
• Experience supporting RFx events, supplier negotiations, contract analysis, and savings tracking.
• Knowledge of capital approval processes, project procurement, or lifecycle cost analysis.
• Power BI, SQL, or other advanced analytics and reporting tools.

A reasonable estimate of the current range is $80,000-$90,000k + bonus + benefits. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by job-related skills, experience, and relevant education or training. At Novolex, it is not typical for an individual to be hired at the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.

The benefits for this role include 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, and sick days, paid parental leave, paid holidays and wellness program.

#LI-Hybrid


Formerly Pactiv Evergreen