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Senior Sourcing & Commodity Insights Analyst

Novozymes A/S

Rethink your impact
Are you passionate about commodity markets and macroeconomics? Can you proactively engage with colleagues in Sourcing and on the Commercial side of the business, and make a clear and solid pitch of your ideas? If yes, then you might well be our new Senior Sourcing & Commodity Insights Analyst.

Work for a cause, not just a company
Novozymes is the world’s leading provider of industrial enzymes and microorganisms. Together with our customers, partners, and the global community, we use our innovative thinking and passion for science to boost industries and make everyday products more sustainable for the good of the planet. Our biological solutions enable higher agricultural yields, healthy food consumption, low-temperature washing, energy-efficient production, renewable fuel, and many other biological solutions that the world can benefit from – both today and in years to come. We need people who are eager to try new things, motivated by challenge, and not afraid to fail but driven to try again. And again. We know that original thinking happens when we’re given the flexibility to focus and the freedom to fully unfold our individual strengths. This is key to our innovation power. We call it Rethink Tomorrow.

Join us as our new Senior Sourcing & Commodity Insights Analyst
At Novozymes Global Sourcing we are looking for one more colleague to join our Sourcing Insights & Digitalization team. If you see yourself as a change agent with passion for commodity markets, macroeconomics, business analysis, risk management, projects, insights knowledge management, then you should definitely consider joining us on our extremely exciting and ambitious growth journey. At Novozymes you will be given significant scope and scale to work in new ways and harvest business opportunities that market insights and analytics can deliver. At Sourcing Insights & Digitalization we build the foundation for unlocking growth at Novozymes through Sourcing Excellence by offering timely and actionable analyses and insights, enabling agile and data-based decision making, and ensuring seamless execution.

Welcome to Sourcing Insights & Digitalization
Sourcing Insights & Digitalization is a global function within Novozymes Global Sourcing, which is responsible for all Sourcing related analytics, commodity and market insights work, all Sourcing related processes and systems, as well as continuous digitalization of the department (and beyond). We are a truly international team of 11 (soon more) highly skilled colleagues located in Bagsværd, Denmark and in Bangalore, India. If working in a fast-paced, ambitious, inspiring, supportive and multi-cultural environment is your thing, then you shall fit right in.

In this role you’ll make an impact by:

  • Executing on a wide range of insights and analytics assignments, e.g. macro and commodity analysis and forecasting, cost break-down’s, should-cost modelling, best total cost setup, business case scoping, etc.
  • Supporting Direct, Indirect, and Project Sourcing with commodity and market insights, deep dives, cost and price forecasting, etc. to ensure that comprehensive planning, budgeting, identification and capture of business opportunities continuously takes place.
  • Driving supplier and supply market risk management processes at Novozymes, with an ambition to get to n-level risk mapping and visibility.
  • Creating mechanisms, building processes and tools, which will enable Sourcing to reach the next level of predictive and prescriptive capability through utilization of multiple diverse internal and external data sources.
  • Taking on a project and change management hat and either driving or supporting on various business projects within Sourcing.
  • Being an indispensable part of the team that drives Novozymes Sourcing’s current and future Insights & Digitalization agenda ("strategic ambition 2025"), and by being a thought leader in the areas of commodity intelligence and (macro)analysis.

Potentially relevant experience:

  • A Master’s degree in Economics, Finance, Business, or similar. However, relevant hands-on experience and interest will be valued even higher.
  • At least 5 years of experience in Commodity analysis, Consulting, Finance, Sourcing/Procurement, Trading, or similar.
  • A solid understanding of and interest in the dynamics of global commodity markets, as well as the ability to make a link to financial and commercial impact, will be highly valued.
  • A good understanding of the financial language and “flow of costs” in an enterprise will be preferred.
  • Good experience, or a strong interest to learn, with analytical tools, modelling, visualization, workflows, etc. (e.g. Celonis, Tableau, Knime, etc.).
  • Good SAP skills is a plus.
  • Strong ability to conceptualize, translate complex problems into simpler elements and communicate effectively.
  • Analytically sharp, collaborative, curious, and entrepreneurial mindset, as well as a positive can-do attitude.
  • Exemplary professional and personal integrity.
  • Fluent in English is a prerequisite.

Novozymes Global Sourcing is an ambitious and business outcomes focused function, which is why we will ask a lot of you, but we will also give a lot back.

This role will be located at our Global HQ in Bagsværd, Denmark and report to the Global Head of Sourcing Insights & Digitalization. At Novozymes we understand the needs of the modern-day workforce, which is why we offer a very balanced hybrid work model.

Are you passionate about making a sustainable impact, and do you see yourself in this position? Then unlock your passion and apply today!

Application deadline: February 7, 2023 (however, we will be screening applications as soon as they come in and the position may be closed earlier).

Contact details: For more information, please contact Head of Sourcing Insights & Digitalization (the hiring manager) Yuri Hembitski on or on +45 3077 1481.

At Novozymes we commit to an inclusive recruitment process and equality of opportunity for all our job applicants. We recommend you not to attach a cover letter to your application. Instead, please include a few sentences in your resume/CV about why you are applying. To ensure a fair recruitment process, please refrain from adding a photo in your resume/CV.

Novozymes is committed to creating a diverse environment and is proud to be an equal opportunity and affirmative action employer. All employment decisions are based on business needs without regard to race, color, ethnicity, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, age, disability, or veteran status.

Want to learn more?
Did you know that every year our products help cut global CO2 emissions by around 90 million tons? Learn more about Novozymes, our purpose, and your career opportunities at

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Novozymes A/S
Novozymes A/S
At Novozymes, we are unique in our dedication to enzymes and microbes. For more than 70 years, our work with these biological problem solvers has made a big difference to our shared world.

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