Sourcing Analyst JOB
1 week ago
Identify, evaluate, and select raw material sources/suppliers based on quality, reliability,
and cost-effectiveness.
Negotiate contracts, pricing, and delivery schedules.
Develop and maintain strong, long-term supplier relationships and monitor performance.
Conduct site visits for supplier evaluations and to understand operational needs.
Cultivate relationships with public and private power plants to secure Fly ash and FGD
Gypsum.
Collaborate with stakeholders on material mapping for new projects.
Perform market research to map current and future material demand and supply.
Analyse material availability and quality, forecast costs, and determine budget needs.
Partner with the plant team to develop detailed sourcing plans based on production.
Gather market intelligence for annual budget and cost projections.
Prepare the monthly Latest Estimate for material prices, track deviations, inform
management of changes, and ensure uninterrupted supply.
Continuously monitor market trends and adjust procurement approaches.
Manage raw material transport logistics.
Optimize inventory levels to prevent stockouts and overstocking.
Ensure compliance with transportation and environmental regulations.
Collaborate with the plant quality control team to ensure materials meet standards.
Maintain comprehensive documentation for traceability and audits.
Ensure adherence to environmental, health, and safety regulations.
Track procurement costs and drive cost reduction initiatives.
Prepare procurement reports and present data-driven insights.
Support budgeting and cost analysis initiatives.
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