Senior Executive

Job Description

Role & responsibilities Develop and execute sourcing strategies to meet the company's procurement goals and objectives. Identify, evaluate, and select suppliers based on quality, cost, and delivery performance. Negotiate contracts and agreements with suppliers to secure favorable terms and conditions. Monitor and manage supplier performance, addressing any issues related to quality, delivery, or cost. Collaborate with internal stakeholders, including R&D, production, and finance, Sales to understand sourcing needs and requirements. Conduct market research and analysis to stay informed about industry trends, market conditions, and emerging suppliers. Implement and maintain best practices in sourcing and procurement processes. Develop and manage the sourcing budget, ensuring cost-effective procurement practices. Prepare and present reports on sourcing activities, supplier performance, and cost savings to senior management. Foster strong relationships with suppliers and internal teams to ensure smooth and efficient procurement operations. Identify the potential suppliers from China and India for regulated market especially Brazil, LATAM etc. Identify the patented drugs and potential suppliers at RND/development phase to promote those drugs in different territories. To maintain the product data base of the respective suppliers from India and China Preferred candidate profile Bachelors/Masters in Pharmaceutical Studies and Preferably a degree in Business Administration. Experience of approx. 4-6 years in sourcing with exposure to vendor Development in the Pharmaceutical Industry.