Sourcing Analyst JOB

 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.