
Purchase Manager
2 weeks ago
Opening for Purchase Manager (Finished Formulations) for a leading pharmaceutical company based in Pune location.
Position: Purchase Manager (Finished Formulations)
Education: Bachelor's / Master's in Pharmacy, Science, or MBA in Supply Chain / Materials Management.
Experience: Minimum 10–15 years in procurement, with at least 10 years in pharmaceutical formulations purchasing
Location: Pune
Job Responsibilities
To manage the end-to-end procurement process of finished pharmaceutical formulations such as ampoules, vials, pre-filled syringes (PFS), and tablets, ensuring timely availability, cost-effectiveness, and compliance with regulatory standards.
Key Responsibilities
- Develop and implement sourcing strategies for finished formulations.
- Identify, evaluate, and approve vendors/manufacturers for ampoules, vials, PFS, and tablets.
- Negotiate prices, payment terms, lead times, and supply contracts.
- Maintain healthy relationships with approved suppliers to ensure long-term supply stability.
- Forecast purchase requirements based on sales orders and production schedules.
- Issue purchase orders and track delivery schedules.
- Coordinate with warehousing teams for timely receipt and clearance of goods.
- Ensure all purchased formulations comply with GMP, WHO-GMP, USFDA, and other relevant regulatory standards.
- Conduct market analysis to benchmark prices and identify cost-saving opportunities.
- Monitor purchase budgets and reduce procurement costs without compromising quality.
- Strong knowledge of pharma formulation procurement (ampoules, vials, PFS, tablets).
- Understanding of regulatory requirements and documentation in pharma procurement.
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