Purchase Manager (Finished Formulations) JIS114740

Opening for Purchase Manager (Finished Formulations) for a leading pharmaceutical company based in Pune location.

Position: Purchase Manager (Finished Formulations)

Education: Bachelor’s / Master’s in Pharmacy, Science, or MBA in Supply Chain / Materials Management.

Experience: Minimum 10–15 years in procurement, with at least 10 years in pharmaceutical formulations purchasing

Location: Pune

Job Responsibilities

To manage the end-to-end procurement process of finished pharmaceutical formulations such as ampoules, vials, pre-filled syringes (PFS), and tablets, ensuring timely availability, cost-effectiveness, and compliance with regulatory standards.

Key Responsibilities

- Develop and implement sourcing strategies for finished formulations.

- Identify, evaluate, and approve vendors/manufacturers for ampoules, vials, PFS, and tablets.

- Negotiate prices, payment terms, lead times, and supply contracts.

- Maintain healthy relationships with approved suppliers to ensure long-term supply stability.

- Forecast purchase requirements based on sales orders and production schedules.

- Issue purchase orders and track delivery schedules.

- Coordinate with warehousing teams for timely receipt and clearance of goods.

- Ensure all purchased formulations comply with GMP, WHO-GMP, USFDA, and other relevant regulatory standards.

- Conduct market analysis to benchmark prices and identify cost-saving opportunities.

- Monitor purchase budgets and reduce procurement costs without compromising quality.

- Strong knowledge of pharma formulation procurement (ampoules, vials, PFS, tablets).

- Understanding of regulatory requirements and documentation in pharma procurement.