Purchase Manager

Detailed Job Role

Oversee procurement of materials, negotiate with suppliers, maintain inventory control, and ensure cost efficiency in pharma operations.

KRA (Key Responsibility Areas)

Supplier selection, contract negotiation, inventory management, cost reduction

KPI (Key Performance Indicators)

Cost savings, supplier rating, delivery timelines, purchase order accuracy

Job Summary:

We are seeking an experienced Purchase Manager to oversee procurement activities, negotiate with suppliers, maintain inventory control, and drive cost efficiency within pharmaceutical operations. The ideal candidate will ensure timely sourcing of materials while optimizing costs and maintaining quality standards.

Key Responsibilities:

• Plan and manage procurement of raw materials, packaging, and other supplies.
• Identify, evaluate, and select suppliers based on quality, cost, and reliability.
• Negotiate contracts, pricing, and terms with vendors.
• Maintain optimal inventory levels and manage stock to prevent shortages or excess.
• Monitor supplier performance and ensure timely deliveries.
• Collaborate with production, quality, and finance teams to ensure smooth operations.
• Implement cost-saving initiatives and procurement best practices.

Key Performance Indicators (KPIs):

• Cost savings achieved through procurement strategies
• Supplier performance and rating
• Timeliness of deliveries and purchase order fulfillment
• Accuracy and compliance of purchase orders

Skills & Competencies:

• Strong knowledge of procurement and supply chain management
• Negotiation and contract management skills
• Analytical thinking and cost optimization expertise
• Excellent communication and stakeholder management
• Proficiency in ERP and inventory management systems

Education