Executive - Procurement

What you become a part of:

You become a part of a quality-driven and compliance-focused Procurement team responsible for procurement of required raw material.

What To Expect

To ensure timely and cost-effective procurement of quality raw materials (APIs, excipients, solvents, etc.) required for pharmaceutical manufacturing, while complying with regulatory and quality standards.

Role & Responsibilities

Sourcing & Vendor Development:

• Identify and evaluate suppliers (domestic & international) for raw materials.
• Develop strategic relationships with key vendors to ensure long-term supply reliability.
• Negotiate contracts and terms of purchase in line with budget and compliance norms.
  
  

Procurement Operations:

• Raise purchase orders based on MRP requirements and production plans.
• Ensure timely procurement to avoid production delays.
• Track orders, resolve delivery issues, and manage lead times.
  
  

Compliance & Documentation:

• Ensure supplier documentation meets regulatory and quality standards (e.g., COA, DMF, GMP compliance).
• Coordinate with QA/QC and Regulatory Affairs teams for vendor qualification.
  
  

Cost Management:

• Analyze price trends, forecast costs, and identify opportunities for cost reduction.
• Monitor market dynamics impacting raw material prices (e.g., crude prices, currency fluctuations).
  
  

Inventory Management:

• Maintain optimum inventory levels in coordination with SCM and production teams.
• Ensure stock rotation and monitor slow/non-moving raw materials.
  
  

Cross-Functional Coordination:

• Work closely with Production Planning, Quality Assurance, Finance, and Regulatory teams.
• Resolve issues related to material rejection, payment delays, or compliance concerns.
  
  

Essential education, experience and skills:

• Education: B.Pharm / M.Pharm MBA in Supply Chain or related field
• Experience: 4 - 6 years in pharmaceutical raw material procurement
• Strong negotiation and vendor management skills
• Understanding of pharma regulations (USFDA, EU-GMP, etc.)
• Familiarity with SAP / ERP systems
• Analytical mindset with cost consciousness
• Good communication and coordination skills