Job Description

Position: Sourcing Analyst

Department: Supply & Procurement
Location: Colvale Industrial Estate, Goa, India

Job Summary

We are looking for a proactive and analytical Sourcing Analyst to support our global Supply & Procurement function. The role is responsible for market intelligence, procurement analytics, supplier evaluation, strategic sourcing, cost optimization, and reporting to support data-driven business decisions across global operations.

The Sourcing Analyst will support global sourcing initiatives and procurement projects involving an annual sourcing budget of up to 5 million. This is an individual contributor role with no direct or indirect reports. The position requires approximately 10 - 15% travel and offers exposure to global procurement operations while collaborating with cross-functional and international teams.

Key Responsibilities

- Conduct market research and commodity analysis.
- Develop supplier benchmarking and cost analysis reports.
- Support strategic sourcing initiatives and procurement projects.
- Perform Total Cost of Ownership (TCO), ROI, and business case analyses.
- Evaluate suppliers and identify new sourcing opportunities.
- Assist in RFQs, supplier negotiations, and procurement documentation.
- Develop and maintain supplier and pricing databases.
- Prepare monthly procurement dashboards and KPI reports.
- Analyze procurement spend, cost savings, supplier performance, and market trends.
- Support continuous improvement initiatives and data-driven decision-making.
- Drive sourcing optimization, procurement reporting, supplier evaluation, market intelligence, and the maintenance of procurement databases across all plants.

Key Performance Indicators (KPIs)

Specific KPIs

- Prepare and analyze market and commodity reports, including pricing trends, inflation, and cost-saving opportunities.
- Develop business cases focusing on competitive pricing and Total Cost of Ownership (TCO).
- Drive sourcing productivity initiatives (e.g., Procurement Improvement Program - PIP).
- Conduct supplier performance evaluations and appraisals.

General KPIs

- Maintain and contribute to the organization's safety performance score.

Required Technical Skills

- Strong command of English; knowledge of French and/or Mandarin will be an added advantage.
- Good understanding of Supply Chain Management and Strategic Sourcing processes.
- Knowledge of engineering principles relevant to procurement and sourcing.
- Strong project management and coordination skills.
- Ability to prepare analytical reports on market trends, commodities, pricing, benchmarking, and cost-saving opportunities to support business decisions.
- Sound understanding of financial concepts, including CAPEX, OPEX, Total Cost of Ownership (TCO), Return on Investment (ROI), and Payback Period (PBP/PBT).
- Ability to develop business cases and perform cost-benefit analyses.
- Knowledge of the glass fibre industry, including raw materials, assets, goods, and services, will be an added advantage.
- Proficiency in Microsoft Office (Advanced Excel, Word, PowerPoint), SAP, and reporting and analytics tools such as Power BI or QlikView.

Behavioral Competencies

- Self-motivated, proactive, and results-oriented.
- Adaptable with a positive attitude toward change and continuous improvement.




- Robust analytical and problem-solving skills with exceptional attention to detail.
- Ability to perform effectively under pressure, both independently and within a team environment.
- Excellent negotiation, influencing, and stakeholder management skills.
- Customer-focused with the ability to collaborate across cross-functional and multidisciplinary teams.
- Strong interpersonal, verbal, and written communication skills.
- Ability to identify, evaluate, and develop suppliers.
- A proactive mindset with the confidence to challenge the status quo and drive continuous improvement initiatives.

Key Responsibilities

Health, Safety, Quality & Environment (QHSE)

- Promote and ensure compliance with the company's QHSE policies, procedures, and safety standards.
- Maintain a safe working environment by identifying hazards, assessing risks, and following safe work practices.
- Ensure the proper use of Personal Protective Equipment (PPE), tools, and equipment.
- Report and support the investigation of incidents, near misses, unsafe conditions, and non-conformities while driving corrective and preventive actions.
- Participate in risk assessments and recommend improvements to enhance workplace safety and operational efficiency.
- Ensure compliance with statutory safety regulations, company policies, and permit-to-work systems.
- Support employee safety onboarding and ensure all personnel receive the required safety training and awareness.
- Collaborate with QHSE teams to promote a strong safety culture and continuous improvement.
- Integrate safety and ergonomic principles into operational and project activities.
- Foster a culture of quality, accountability, and continuous improvement.

Sourcing & Procurement

- Analyze sourcing requirements and identify cost-effective procurement solutions to meet business needs.
- Monitor procurement demand across various categories and assess supply requirements to ensure uninterrupted operations.
- Conduct market research, supplier benchmarking, and supply market risk assessments to identify new sourcing opportunities and industry trends.
- Evaluate suppliers through cost-benefit analyses and recommend the most suitable sourcing solutions.
- Support strategic sourcing initiatives, including category management, sourcing strategy development, supplier negotiations, and price benchmarking.
- Assist in developing alternative sourcing solutions for raw materials, packaging, spare parts, automation equipment, and other procurement categories.
- Manage the RFQ/RFP process, including bid evaluation, supplier communication, documentation, and purchase order support.
- Ensure procurement activities comply with company policies, commercial requirements, and legal guidelines.
- Collaborate with global and plant procurement teams to drive cost optimization, supplier performance, and continuous improvement.
- Support and manage procurement and supply chain projects as assigned.

Data Management, Analysis & Reporting





The Sourcing Analyst supports the Supply & Procurement team by managing, analyzing, and reporting procurement data to enable informed business decisions.

Key Responsibilities

- Develop and maintain supplier, pricing, and category management databases across all plants, along with procurement processes and up-to-date policy documents.
- Assist internal stakeholders in collecting data, developing cost models (including Zero-Based Budgeting - ZBB), preparing budgets, and documenting product and service performance.
- Ensure the proper maintenance and storage of procurement documentation, including RFPs, procurement policies, processes, benchmark reports, supplier profiles, supplier evaluations, pricing records, and cost analyses.
- Collaborate with the IT department to enhance KPI-based reporting capabilities and contribute to continuous improvement initiatives that support data-driven decision-making.
- Prepare monthly, quarterly, and annual reports highlighting commodity and category trends, procurement KPIs, process inefficiencies, and improvement opportunities.
- Ensure accurate reporting and comparative analysis of procurement KPIs against targets, including spend, savings, costs, payment terms, quality, and supplier performance.

People & Organizational Development

At 3B Fibreglass, we are committed to building a high-performing and engaged workforce by attracting, developing, and retaining talented professionals. The Sourcing Analyst is expected to contribute to this vision by:

- Demonstrating and promoting the organization's core values and successful behaviors.
- Establishing clear performance expectations and proactively addressing performance-related issues when required.
- Encouraging knowledge sharing, collaboration, and the adoption of best practices.
- Supporting employee growth and development through continuous learning and collaboration.
- Creating a positive work environment that motivates individuals and teams to achieve business objectives.
- Building and maintaining strong relationships with internal and external stakeholders to achieve common goals.
- Ensuring key messages are communicated clearly and understood across the organization.
- Taking ownership of assigned responsibilities and delivering results with accountability.
- Embracing change and supporting continuous improvement initiatives.
- Encouraging teamwork and facilitating the successful implementation of organizational changes.
- Planning, organizing, and coordinating activities to ensure the efficient utilization of financial, technological, physical, and human resources.

Required Skills

Strategic Sourcing, Procurement, Procurement Analytics, Supply Chain Management, Strategic Procurement, Category Management, Supplier Management, Supplier Development, Supplier Evaluation, Vendor Management, Market Intelligence, Market Research, Commodity Analysis, Spend Analysis, Cost Optimization, Cost Reduction, Cost-Benefit Analysis, Total Cost of Ownership (TCO), RFQ & RFP Management, Procurement Reporting, KPI Reporting, Business Analysis, Data Analysis, Negotiation, Contract Management, SAP, Power BI, QlikView, Advanced Microsoft Excel, Project Management, Cost Modeling, Zero-Based Budgeting (ZBB), Price Benchmarking, Procurement Documentation, Supply Market Analysis, and Stakeholder Management.

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