Purchase Head - API

Job Description

Role & Responsibilities: Head of API Procurement Department: Role: We are seeking an experienced leader for our API procurement department. This role requires deep expertise in the pharmaceutical industry, particularly in the bulk purchase of APIs, and the ability to manage and enhance vendor relationships effectively. Responsibilities: - Oversee and manage the procurement of APIs, ensuring timely and cost-effective acquisition of bulk drugs. - Cultivate and maintain robust relationships with API manufacturers and suppliers, ensuring reliable and quality supply chains. - Have a thorough understanding of COAs to verify product quality and compliance. - Generate and manage purchase orders, ensuring accuracy and adherence to company policies. - Lead the API procurement team, providing guidance and support to ensure departmental goals are met. - Address and resolve procurement challenges, including supply chain disruptions and vendor issues. - Negotiate favorable terms and rates with vendors to optimize cost-efficiency. - Monitor market trends and industry developments to inform strategic procurement decisions. - Ensure all procurement activities comply with regulatory standards and company policies. - Prepare and present procurement reports to senior management, highlighting key metrics and performance indicators. - Work closely with other departments to align procurement strategies with overall business objectives. Requirements: - Proven experience in API procurement within the pharmaceutical industry. - Strong relationships with API manufacturers and suppliers. - Expertise in managing COAs and generating purchase orders. - Demonstrated leadership abilities and effective problem-solving skills. - Excellent negotiation skills and market insight. This role demands a seasoned professional with the ability to navigate complex procurement processes, maintain strong vendor relationships, and lead a team effectively. Preferred Candidate Profile: - Over 10 years of experience in API procurement for bulk drugs used in finished formulation products. - In-depth knowledge of Certificates of Analysis (COA) and quality standards, with experience in generating and managing purchase orders. - Strong relationships with API manufacturers and suppliers across India, especially in the South. - Comprehensive understanding of general pharmaceutical products and industry trends. - Up-to-date with current API rates and market conditions. - Strong personality with excellent communication and email writing skills. - Proficient in price negotiation and convincing suppliers. - Capable of handling challenges effectively, demonstrating responsibility and a pragmatic approach. - Ability to manage multiple procurement tasks efficiently and maintain detailed records. - Familiarity with regulatory requirements and adherence to company policies. - Flexibility to adapt to changing market conditions and procurement needs. Perks and benefits : - Positive work culture with a supportive and collaborative environment focused on professional growth. - Supportive colleagues and leadership committed to helping you succeed. - Access to timely assistance for any questions or issues. - Genuine and flexible leave policies to accommodate your personal needs. - Attractive incentive programs and performance-based bonuses. - Pathways for advancement, including in-house promotions and performance-based salary increases, without time constraints. - Opportunities to participate in team-building activities and outings. - Comprehensive health insurance coverage for you and your family, up to 25 lakhs. - Complimentary transportation services for convenience in your daily commute.