Purchase Officer

Job Title:

Department:

Required Experience:

Location

Job Overview:

Qualifications:

• B-tech in Mechanical Engineering. A Master's degree is preferred in Supply Chain Management.

• Minimum of 2-3 years of experience in procurement or purchasing, preferably in the pharmaceutical industry.

• Strong negotiation skills with the ability to build and maintain effective relationships with suppliers.

• Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal stakeholders and external partners.

• Proficient in using procurement software and MS Office applications, including Excel, Word, and PowerPoint. 

Key Responsibilities:

• Source suppliers and vendors for pharmaceutical raw materials, packaging materials, equipments, and other goods and services required by the company.

• Evaluate suppliers based on price, quality, reliability, and other factors to ensure the best value for the company.

• Negotiate contracts, terms, and pricing agreements with suppliers to obtain favorable terms and conditions.

• Coordinate with internal stakeholders, including store, Engineering, Maintenance, production, quality assurance, and finance departments, to understand their procurement requirements and timelines.

• Generate purchase orders, review purchase requisitions, and ensure accuracy of orders placed. 

• Monitor and track order status to ensure timely delivery of materials and services, resolving any issues or delays that may arise.

• Maintain accurate records of purchases, including prices, quantities, and delivery dates, using appropriate documentation and systems.

• Manage relationships with suppliers, addressing any concerns or issues that may arise, and working collaboratively to resolve them.

• Stay informed about industry trends, market conditions, and regulatory requirements related to procurement and supply chain management in the pharmaceutical sector.

• Implement cost-saving initiatives and process improvements to optimize procurement operations and achieve greater efficiency.