Procurement Analytics Specialist - Materials & Ingredients

Socket.dev; Indiana (PA); On-site; USD 65,000 - 90,000; Full time

Job summary

Heartland Food Products Group, Indianapolis, IN, is seeking a Business Analyst, Materials & Ingredients, to provide data-driven insights for Strategic Sourcing and Procurement. You will analyze spending, supplier performance, and commodity trends to support cost management and supply continuity, collaborating with Finance, Operations, Quality, and R&D.

The role is onsite at our Indianapolis plant, offering opportunity to drive annual savings initiatives and contribute to market intelligence and

Qualifications

• Bachelor's degree required in a relevant field.
• 2–5 years of experience in analytics, procurement, or supply chain.
• Experience with large data sets, reporting tools, and BI platforms.

Responsibilities

• Develop and maintain spend analytics dashboards by supplier, category, commodity, plant, and product line.
• Analyze purchasing trends, pricing changes, and sourcing activities to identify cost savings.
• Prepare bid analyses, supplier comparisons, and total cost of ownership evaluations.
• Monitor PPV performance and report savings initiatives and cost impacts.
• Validate supplier pricing updates and reporting of procurement metrics.
• Monitor key commodity markets and track market reports and dynamics.
• Develop market intelligence reports for leadership and stakeholders.
• Forecast commodity cost movements and assess business impacts.
• Identify risks and opportunities related to market volatility and supply constraints.
• Develop supplier scorecards and analyze performance trends.
• Support quarterly business reviews with supplier performance reports.
• Monitor supplier concentration and continuity risks.
• Assist in supplier qualification and continuity initiatives.
• Analyze inventory levels, consumption, safety stock, and service performance.
• Collaborate with Planning and Ops to improve working capital and inventory efficiency.
• Support material availability reviews and disruption risk investigations.
• Develop reporting tools to improve visibility into inventory health.
• Assist root-cause analysis for shortages and excess inventory.
• Support AOP development with spend forecasting and cost modeling.
• Prepare financial analyses for sourcing projects and negotiations.
• Collaborate with Finance on inflation, cost trends, and budget implications.
• Maintain forecasting models for procurement decisions.

Skills

Analytical thinking

Data analysis

Cross-functional collaboration

Communication skills

Problem solving

Education

Bachelor's degree in Business Analytics, Supply Chain, Finance, Economics, Data Analytics, Engineering, Operations Management

Tools

Power BI

Tableau

SAP

Oracle

JD Edwards

Job description

Heartland Food Products Group, Indianapolis, IN, is seeking a Business Analyst, Materials & Ingredients, to provide data-driven insights for Strategic Sourcing and Procurement. You will analyze spending, supplier performance, and commodity trends to support cost management and supply continuity, collaborating with Finance, Operations, Quality, and R&D.

The role is onsite at our Indianapolis plant, offering opportunity to drive annual savings initiatives and contribute to market intelligence and