Purchasing Executive

As a Purchase Executive at Synnat Pharma Pvt Ltd, your role will involve streamlining API procurement processes to ensure cost-effective sourcing and robust vendor relationships. You will be responsible for identifying business needs, securing reliable suppliers, and negotiating optimal contract terms. Your key responsibilities will include: - Identifying and evaluating potential API suppliers based on quality, cost, and reliability aligned with the company's strategic goals. - Developing and maintaining strong relationships with key vendors to ensure consistent communication and collaboration. - Negotiating favorable contract terms and pricing agreements to achieve cost savings and optimal value in API procurement. - Managing the entire purchase order process for API materials, from requisition to delivery, ensuring accuracy and efficiency. - Monitoring API inventory levels and coordinating with relevant departments to ensure timely replenishment of materials. - Implementing strategies for mitigating API supply chain risks to ensure business continuity and supply security. - Ensuring that all purchased API materials and services meet quality standards and regulatory requirements. Qualifications required for this role include: - Bachelor's degree in Business Administration, Commerce, or related field. - 1 year of experience in API procurement in the pharma industry. - Strong negotiation and vendor management skills. - Proficiency in Telugu (spoken & written), with Hindi and English as added advantages. - 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. Your efforts as a Purchase Executive will directly impact Synnat Pharma's ability to maintain a competitive edge in the API market and support expansion into regulated markets. Your meticulous approach to quality control, risk mitigation, and procurement process improvement will be crucial in optimizing the supply chain and contributing to strategic sourcing initiatives.,