Purchase Officer

Job Description

We are seeking an experienced Senior Procurement Executive to manage and optimize our purchasing operations, specifically in the pharmaceutical industry. The ideal candidate will have excellent negotiation skills , a deep understanding of procurement processes, and the ability to manage vendor relationships effectively. Proficiency in Hindi and English is essential for this role. Key Responsibilities: Negotiate with vendors for goods and services , ensuring the best possible prices and service guarantees. Establish and enforce purchasing policies to ensure compliance with company and regulatory standards. Administer the corporate purchasing card program (e.g., American Express). Identify and develop new supply sources to address vendor inadequacies. Review and evaluate bids, awarding contracts based on cost-effectiveness and quality. Establish account/credit terms and negotiate blanket purchase orders as required, monitoring costs during the agreement period. Ensure adherence to Investment Budget rules and track all DADs (Delegation of Authority Documents) to maintain compliance. Verify requisitions for proper approvals and accurate account numbers. Collaborate with the receiving department to confirm that ordered supplies are delivered as per specifications. Trace and resolve issues related to delayed or incomplete purchase orders. Required Experience, Skills, and Qualifications: Proven experience in procurement, preferably within the pharmaceutical industry. Strong negotiation skills and the ability to establish and maintain vendor relationships. Proficiency in Hindi and English (both verbal and written). Knowledge of procurement regulations and compliance standards. Excellent organizational skills with attention to detail. Ability to handle multiple tasks and meet deadlines. Preferred Qualifications: Prior experience managing procurement for pharmaceutical operations. Familiarity with inventory management systems and tools. Strong problem-solving skills to resolve vendor or supply chain issues effectively.