Procurement Analyst, Indirect & Capex

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 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