We are seeking a dedicated Purchase Executive/Senior Executive/ Assistant Manager for our pharmaceutical formulation company. The primary responsibility of this role is the procurement of finished pharmaceutical products from external manufacturers (loan license manufacturers/contract manufacturers) while ensuring appropriate inventory management and timely delivery in line with agreed targets. Job Opening: Purchase Executive/Senior Executive/ Assistant Manager - Pharmaceutical Formulation Company Location: Goregaon, Mumbai Role & responsibilities : 1. Material Procurement: - Manage the procurement of raw materials, including APIs, excipients, colors, coating materials, etc. - Oversee packing materials (Primary foil, cartons, leaflets, glass & HDPE bottles, PET bottles, etc.) and tertiary materials (shippers, BOPP tape, shrink wrap, etc.). 2. Supplier Management: - Conduct the vendor qualification process and manage overall supplier responsibilities. - Update forecasts, place purchase orders, and monitor delivery follow-ups with suppliers. 3. Internal Coordination: - Act as the main point of contact for operational tasks with both suppliers and internal teams. - Participate in internal cross-functional meetings related to operational purchasing issues. - Provide timely information regarding product availability to relevant departments . 4. Support and Development: - Assist the Manager responsible for supplier and category management and development. - Maintain and update product information for purchased products. 5. Purchase Order Management: - Raise purchase orders and coordinate with suppliers to ensure timely deliveries. - Communicate with related departments regarding required materials and services. 6. Experience Requirements: - Candidates should have substantial experience in procurement for pharmaceutical raw materials, packing materials, capital purchases, and spare parts. - Familiarity with APIs, excipients, colors, coatings (raw materials); foils, cartons (packing materials); as well as shippers, BOPP tape, and shrink wraps (tertiary materials) is essential. 7. Vendor Communication and Negotiation: - Communicate with existing and new suppliers for inquiries and quotations. - Conduct price negotiations to ensure efficient acquisition of goods at fair prices. 8. Material Management: - Oversee the placement of purchase orders, follow up with suppliers and transporters for timely stock maintenance, vendor development, and new product development. - Manage rejected materials, including rebooking and coordinating with vendors to ensure material quality. 9. Issue Resolution and Auditing: - Resolve all queries raised by the production plant with timely feedback from vendors. - Conduct vendor audits and maintain records for internal and external audits. Desired profile :- Excellent communication skills are essential. ERP experience is a plus. A Bachelor's degree is preferred. Total work experience of 3-5 years is ideal. Qualification:- B.Pharm or equivalent Graduate, Diploma in Materials Management, MBA in Operations/Supply Chain will be an advantage.