Job
Description
We are looking for a meticulous Purchase Executive to streamline API procurement at Synnat Pharma Pvt Ltd, ensuring cost-effective sourcing and robust vendor relationships. As a key player in our supply chain, you will be instrumental in identifying business needs, securing reliable suppliers, and negotiating optimal contract terms. Your role will encompass meticulous quality control, risk mitigation, and the continuous improvement of our procurement processes. You will leverage your expertise in vendor performance analysis, purchase order management, and inventory control to optimize our supply chain. Your proficiency in Telugu, coupled with your understanding of the pharmaceutical industry, will enable you to forge strong partnerships with vendors and contribute to our strategic sourcing initiatives. We expect you to maintain the highest standards of compliance and reporting, ensuring the seamless flow of materials and services. Your efforts will directly impact on our ability to maintain a competitive edge in the API market and support our expansion into regulated markets. Job Details: Industry: API Department: Procurement Role: Purchase Executive Location: Visakhapatnam Compensation: 2-3 LPA Experience: 1 year Employment Type: Full-time Required Qualification: Bachelor's degree in Business Administration, Commerce or related field Responsibilities: Identify and evaluate potential API suppliers based on quality, cost, and reliability, aligning with Synnat Pharma's strategic goals. Develop and maintain strong relationships with key vendors, ensuring consistent communication and collaboration. Negotiate favorable contract terms and pricing agreements to achieve cost savings and optimal value in API procurement. Manage the entire purchase order process for API materials, from requisition to delivery, ensuring accuracy and efficiency. Monitor API inventory levels and coordinate with relevant departments to ensure timely replenishment of materials, minimizing stockouts and waste. Implement strategies for mitigating API supply chain risks, ensuring business continuity and supply security for critical materials. Ensure that all purchased API materials and services meet Synnat Pharma's quality standards and regulatory requirements (GMP). Identify and implement cost-saving opportunities throughout the API procurement process, leveraging market trends and supplier negotiations. Maintain accurate records of all procurement activities, including vendor contracts, purchase orders, and delivery schedules, ensuring compliance and traceability. Collaborate with quality assurance and regulatory affairs departments to ensure compliance with GMP guidelines in API procurement and vendor management. General Expectations and Past Experiences: API procurement experience in pharma. Strong negotiation and vendor management skills. Telugu proficiency (spoken & written). Hindi and English are added advantage. Analytical and problem-solving abilities. Knowledge of procurement, supply chain, and inventory control. Familiarity with GMP and pharma regulations. Proficiency in MS Office and PO systems. Show more Show less
