Procurement Executive - Pharmaceuticals

Job Summary

The Procurement of Pharma Products

This job profile involves sourcing, purchasing, and managing pharmaceutical products and raw materials required for manufacturing, distribution, or retail. This role ensures a smooth and cost-effective supply of drugs and related materials while maintaining compliance with pharmaceutical regulations and quality standards.

Job Title Examples ∙Procurement Executive – Pharmaceuticals

Key Responsibilities

1.Sourcing & Vendor Management

• Identify and evaluate suppliers/manufacturers of APIs (Active Pharmaceutical Ingredients), excipients, packaging materials, or finished formulations.
• Negotiate contracts, pricing, and delivery terms with vendors.
• Maintain supplier relationships and assess vendor performance.

2.Procurement Planning

• Forecast demand based on production schedules and sales projections.
• Prepare and manage purchase orders.
• Ensure timely availability of required materials to avoid production delays.

3.Cost Optimization

• Negotiate best prices and payment terms without compromising quality.
• Implement cost-reduction initiatives through alternate sourcing and bulk purchasing.

4.Quality & Regulatory Compliance

• Ensure all procured materials meet GMP (Good Manufacturing Practices) and quality standards.
• Verify that suppliers comply with regulatory requirements (e.g., FDA, CDSCO, WHO, EU-GMP).
• Maintain proper documentation and certificates (COA, MSDS, DMF, etc.).

5.Inventory & Logistics Coordination

• Coordinate with warehouse and logistics teams for timely receipt and storage.
• Track shipments and resolve supply chain bottlenecks.
• Monitor inventory levels and reorder points.

6.Data Management & Reporting

• Maintain procurement records, supplier databases, and purchase documentation.
• Prepare regular reports on purchase spend, supplier performance, and cost savings.

Skills Required ∙

• Strong negotiation and communication skills
• ∙Knowledge of pharmaceutical materials (API, intermediates, packaging, excipients)
• ∙Understanding of GMP, GDP, and regulatory compliance
• ∙Analytical and forecasting abilities
• ∙Familiarity with ERP systems (SAP, Oracle, Tally ERP, etc.)
• ∙Vendor management and relationship-building
• ∙Attention to detail and documentation accuracy

Educational Background ∙Bachelor’s/Master’s degree :

• Pharmacy (B.Pharm / M.Pharm)
• Chemistry
• Biotechnology
• Life Sciences
• Supply Chain Management or Business Administration (MBA preferred for managerial roles)

Typical Career Path

• Procurement Assistant / Executive
• Senior Procurement Executive / Officer
• Procurement / Purchase Manager
• Strategic Sourcing Manager
• Head of Procurement / Supply Chain

Industries / Employers ∙

• Pharmaceutical manufacturing companies ∙
• Contract Manufacturing Organizations (CMOs) ∙
• API & bulk drug manufacturers
• ∙Hospitals and healthcare groups ∙
• Pharmaceutical distributors and retailers

Job Types: Full-time, Permanent, Fresher

Pay: ₹15,000.00 - ₹25,000.00 per month

Benefits:

• Health insurance
• Provident Fund