Procurement Executive Pharmaceutical & Nutraceutical

As a Procurement Manager in the pharmaceutical and nutraceutical industry, your role involves sourcing, purchasing, and managing the supply of raw materials, packaging materials, and third-party services while adhering to regulatory and quality standards. Your responsibilities include: - Strategic Sourcing: Identify and qualify suppliers globally for APIs, excipients, nutraceutical ingredients, and packaging materials, ensuring regulatory compliance. - Supplier Management: Establish and maintain strong supplier relationships through audits and performance assessments. - Contract Negotiation: Negotiate terms for cost, quality, lead time, and supply continuity. - Compliance & Documentation: Ensure adherence to regulatory guidelines and maintain documentation for audits and inspections. - Forecasting & Inventory: Collaborate with R&D, production, and planning teams to forecast material requirements and optimize inventory levels. - Cost Optimization: Drive cost-reduction initiatives while upholding material quality. - Risk Management: Identify and mitigate potential supply chain risks. - ERP & Reporting: Utilize ERP systems for managing purchase orders, supplier records, and procurement analytics, and generate reports on procurement KPIs. Qualifications required for this role: - Bachelor's degree in Pharmacy, Chemistry, Life Sciences, or Supply Chain; MBA or PGDM in Supply Chain Management preferred. - 5-10 years of procurement experience in pharmaceutical, nutraceutical, or related industries. - In-depth understanding of cGMP, regulatory requirements, and sourcing challenges in pharma/nutra. - Strong negotiation, communication, and vendor management skills. - Familiarity with ERP systems and procurement software. This is a full-time position with day shift and morning shift schedules. Performance bonus and yearly bonus are provided. The work location is in person, and the expected start date is 20/06/2025.,