Procurement Analyst, Indirect & Capex

Novolex; Lake Forest (IL); Hybrid; USD 70,000 - 79,000; Full time

Benefits offered by this job

401(k) match

Medical, dental and vision insurance

Paid vacation and holidays

Job summary

Novolex is seeking a Procurement Analyst to join the COE Analytical Team, supporting indirect and capex spend across the enterprise. You will partner with Procurement, Finance, Engineering, Operations, IT, HR, and plant leadership to drive cost optimization and governance.

The role emphasizes data analytics, supplier performance, and scalable procurement analytics to enable capital project procurement governance and annual planning.

Qualifications

• 3–7 years of experience in procurement, strategic sourcing, supply chain analytics, finance, capital project support, 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, Coupa, Power BI).
• Working knowledge of strategic sourcing, contract management, and procure-to-pay processes for indirect goods, services, or capex categories.
• Ability to manage multiple priorities, work cross-functionally, and communicate effectively in a fast-paced environment.

Responsibilities

• Develop, maintain, and continuously improve spend analytics across key indirect categories (MRO, facilities, utilities, logistics, corporate services, IT).
• Build total cost of ownership models evaluating pricing, terms, and lifecycle costs.
• Support forecasting for indirect and capex spend and budget tracking versus AOP.
• Provide dashboards, scorecards, and executive-ready reporting to category leaders.

Skills

Financial modeling

Spend analysis

Cost management

Advanced Excel

ERP systems

Procurement knowledge

Cross-functional collaboration

Sourcing

Tools

SAP

Coupa

Power BI

Job description

Company Overview

Why Choose Us?

Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries including foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial sectors. Novolex manufacturing and sourcing expertise spans a diverse range of substrates including resin, paper, molded fiber, aluminum and more. We provide customers a broad array of stock and customized solutions with 120 product categories, 250 brands and over 39,000 SKUs.

Our Sustainability Commitment

The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives.

Job Description

This is a hybrid position with 3 days a week in our Lake Forest 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, 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 customer service, 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.

Key Responsibilities

Indirect Spend Analytics

• 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.

Strategic Sourcing & Competitive Event Support

• 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.

AOP & Spend Governance

• 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.

Supplier Performance, Risk & Contract Governance

• 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.

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 indirect and capex procurement execution.

Qualifications

Required

• 3–7 years of experience in procurement, strategic sourcing, supply chain analytics, finance, capital project support, 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, Coupa, Power BI).
• Working knowledge of strategic sourcing, contract management, and procure-to-pay processes for indirect goods, services, or capex 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.
• Exposure to indirect categories such as MRO, facilities, logistics, energy, IT, professional services, or capital equipment.
• 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.

Why Join Novolex

This role offers a unique opportunity to help shape and modernize procurement excellence within one of the world’s leading packaging companies during a critical period of transformation and growth. As part of the Procurement Center of Excellence, the Procurement Analyst will play a strategic role in strengthening indirect procurement capabilities, improving capital project sourcing discipline, increasing spend visibility, and enabling smarter enterprise investment decisions.

A reasonable estimate of the current range is $70-79k + 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

Company Benefits

What You'll Get From Us

Benefits

With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.

Community Engagement

At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.

Training and Development

We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through MyLearning. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program (Non-Union), and a Learning Management System that supports and enhances employee skills at all levels of the organization.

Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law. Any individual who, because of his or her disability, needs an accommodation in connection with an aspect of the Company's application process should contact [e-mail].

Formerly Pactiv Evergreen