Business Analyst
ofi North America (Olam Food Ingredients) · Bayonne, NJ · 2 wk ago
Analyst$81k–$108k/yrFull-time
Key Responsibilities
- Analyze markets, suppliers, and category trends for ingredients, spices, and other materials
- Support sourcing strategies, category reviews, and supplier benchmarking
- Track pricing, contracts, supply risks, and category KPIs
- Assist in evaluating cost structures and identifying savings opportunities
- Work directly with the Senior Director of Business Optimization on cost-saving initiatives, SKU reviews, and process improvements
- Conduct research and analysis to identify opportunities for efficiency and margin enhancement
- Support dashboards, trackers, and business reviews
- Cross-functional Collaboration: Work with Procurement, Supply Chain, Sales, Quality, Commercialization and Finance to gather data and support key initiatives
- Aid in preparing materials for internal meetings, cross-functional updates, and leadership presentations
- Supplier Partnership Support: Help coordinate supplier meetings, business reviews, and follow-up actions
- Track deliverables and ensure deadlines are met
- Planning Optimization: Demand & supply planning support: analyzing historical trends, forecast accuracy, and inventory data
- Cross-functional alignment: coordinating with Supply Chain and Procurement to align sourcing with demand forecasts and inventory targets
- Building scenario analyses and capacity reviews to support Sales & Operations Planning
- KPI tracking: Monitoring forecast accuracy, service levels, and waste reduction to drive continuous improvement
Qualifications
- Smart, analytical, and eager to learn
- Energetic, positive, and solution-oriented
- Organized, detail-oriented, and able to manage multiple tasks
- A strong communicator who can work with many teams
- Curious about procurement, supply chain, business strategy, or data
- Proficient with Excel/Sheets; PowerPoint or basic analytics tools
- Bachelor's degree is required; master’s preferred but not required
- 2+ years in procurement, supply chain, finance, analytics, or any business-related role (open to strong new graduates or early-career candidates with high potential)
- High positive energy and adaptability
Pay
The pay for this role ranges from $81,000- 108,000 and is based on the position responsibilities and geographic location.