Procurement Executive

1 years

0 Lacs

Posted:13 hours ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

This role is for one of Weekday's clientsLocation: HyderabadJobType: full-time

Executive:

1-3 years

Senior Executive:

3-5 years

Assistant Manager:

5-7 years

Manager:

7-10+ years

Requirements

Role Overview:

We are looking for motivated and experienced

Procurement professionals

to manage end-to-end sourcing of

raw materials, herbal extracts, excipients, consumables, and packaging materials

. The role scales from

day-to-day procurement operations

at executive level to

strategic sourcing, cost control, and vendor development

at the managerial level.

Key Responsibilities:

(Responsibilities Vary By Role Level)

For All Levels:

  • Source raw materials, consumables, and packaging materials as per production plans and forecasts
  • Generate and track Purchase Orders (POs) in ERP and ensure timely procurement
  • Identify and maintain a robust vendor base, ensuring best price, quality, and delivery timelines
  • Coordinate with production, QA, warehouse, and accounts for seamless inward and GRN processing
  • Follow up with suppliers for order confirmations, dispatches, and documentation (COA, MSDS, etc.)
  • Maintain material master data, lead times, pricing, and supplier ratings in ERP
  • Ensure procurement complies with GMP, FSSAI, and internal quality standards
  • Resolve supply issues, material rejections, or delays promptly
  • Maintain documentation for internal and external audits (vendor approvals, certifications, etc.).

Additional Responsibilities for Assistant Manager / Manager Roles:

  • Develop and implement procurement strategies aligned with company goals and budgets
  • Negotiate long-term contracts, annual rate agreements, and credit terms with key suppliers
  • Monitor market trends, cost fluctuations, and alternate sourcing opportunities
  • Lead vendor qualification and evaluation processes with QA/QC teams
  • Analyze procurement KPIs - cost savings, supplier performance, OTIF, and material availability
  • Ensure availability of materials while minimizing inventory holding costs
  • Collaborate on new product development sourcing and technology transfer projects
  • Drive cost reduction initiatives without compromising on quality or timelines
  • Manage procurement audits, SOP development, and team training

Qualifications & Experience:

  • B.Sc / M.Sc (Chemistry, Life Sciences), B.Pharm / M.Pharm, or B.Com / MBA in Supply Chain or Materials Management
  • Experience in herbal extract, nutraceutical, or pharmaceutical procurement is highly preferred
  • Strong negotiation, communication, and vendor management skills
  • Familiarity with ERP systems (SAP, Tally, Oracle, etc.) and MS Excel
  • Knowledge of regulatory requirements, COA validation, and material specs is a plus

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