Executive - Procurement

Job Description

What you become a part of: You become a part of a quality-driven and compliance-focused Procurement team responsible for procurement of required raw material. What To Expect To ensure timely and cost-effective procurement of quality raw materials (APIs, excipients, solvents, etc.) required for pharmaceutical manufacturing, while complying with regulatory and quality standards. Role & Responsibilities Sourcing & Vendor Development: Identify and evaluate suppliers (domestic & international) for raw materials. Develop strategic relationships with key vendors to ensure long-term supply reliability. Negotiate contracts and terms of purchase in line with budget and compliance norms. Procurement Operations: Raise purchase orders based on MRP requirements and production plans. Ensure timely procurement to avoid production delays. Track orders, resolve delivery issues, and manage lead times. Compliance & Documentation: Ensure supplier documentation meets regulatory and quality standards (e.g., COA, DMF, GMP compliance). Coordinate with QA/QC and Regulatory Affairs teams for vendor qualification. Cost Management: Analyze price trends, forecast costs, and identify opportunities for cost reduction. Monitor market dynamics impacting raw material prices (e.g., crude prices, currency fluctuations). Inventory Management: Maintain optimum inventory levels in coordination with SCM and production teams. Ensure stock rotation and monitor slow/non-moving raw materials. Cross-Functional Coordination: Work closely with Production Planning, Quality Assurance, Finance, and Regulatory teams. Resolve issues related to material rejection, payment delays, or compliance concerns. Essential education, experience and skills: Education: B.Pharm / M.Pharm MBA in Supply Chain or related field Experience: 4 - 6 years in pharmaceutical raw material procurement Strong negotiation and vendor management skills Understanding of pharma regulations (USFDA, EU-GMP, etc.) Familiarity with SAP / ERP systems Analytical mindset with cost consciousness Good communication and coordination skills Show more Show less