Procurement Planning & Execution : Plan and procure raw materials (herbs, extracts, APIs, excipients) and packaging materials (bottles, cartons, labels, etc.) as per production schedules. Maintain optimal inventory levels to prevent production delays and overstocking. Vendor Management : Identify, evaluate, and develop reliable suppliers for raw and packaging materials. Negotiate terms, pricing, credit limits, and delivery schedules with vendors. Conduct supplier audits and performance reviews. Quality & Compliance : Ensure all raw materials and packaging items meet quality standards and regulatory compliance (Ayush, FSSAI, GMP, etc.). Coordinate with the Quality Control and Quality Assurance teams for material approvals and documentation. Coordination & Reporting : Collaborate with production, R&D, and warehouse teams for material requirement forecasts. Maintain purchase orders, invoices, GRNs, and inventory records in ERP or procurement software. Prepare periodic procurement reports and MIS dashboards. Cost Optimization : Monitor market trends and price fluctuations in raw and packaging materials. Drive cost-saving initiatives without compromising quality. Documentation & Systems : Ensure complete documentation for purchase transactions, vendor agreements, and regulatory compliance. Utilize ERP systems for procurement and inventory tracking.
Procurement Planning & Execution : Plan and procure raw materials (herbs, extracts, APIs, excipients) and packaging materials (bottles, cartons, labels, etc.) as per production schedules. Maintain optimal inventory levels to prevent production delays and overstocking. Vendor Management : Identify, evaluate, and develop reliable suppliers for raw and packaging materials. Negotiate terms, pricing, credit limits, and delivery schedules with vendors. Conduct supplier audits and performance reviews. Quality & Compliance : Ensure all raw materials and packaging items meet quality standards and regulatory compliance (Ayush, FSSAI, GMP, etc.). Coordinate with the Quality Control and Quality Assurance teams for material approvals and documentation. Coordination & Reporting : Collaborate with production, R&D, and warehouse teams for material requirement forecasts. Maintain purchase orders, invoices, GRNs, and inventory records in ERP or procurement software. Prepare periodic procurement reports and MIS dashboards. Cost Optimization : Monitor market trends and price fluctuations in raw and packaging materials. Drive cost-saving initiatives without compromising quality. Documentation & Systems : Ensure complete documentation for purchase transactions, vendor agreements, and regulatory compliance. Utilize ERP systems for procurement and inventory tracking.