Procurement Specialist
4 days ago
About Us:Naari Pharma is a B2B pharmaceutical company dedicated exclusively to advancing women’s health. With a sharp focus on hormonal therapies, we manufacture high-quality finished dosage forms for global markets. Our products are present in over 60 countries, including key regulated territories such as the US, Canada, Europe, and Australia.Backed by a state-of-the-art R&D and manufacturing facility in Rudrapur, Uttarakhand, our global operations are seamlessly driven from offices in Bangalore, Noida, Singapore, Netherlands and the United States.Who You Are:A person who takes ownership in end-to-end sourcing of APIs, intermediates, excipients, and packaging materials across Business development and R&D functions. This is a strategic, high-impact role responsible for vendor governance, cost optimization, supply assurance, and compliance, while also supporting new product development (NPD) initiatives.Responsibilities:1. Procurement & Strategic Sourcing- Manage material procurement: APIs, intermediates, excipients, packaging for commercial & development use. - Build and execute sourcing strategies aligned with quality, regulatory, and financial goals. - Identify alternate/secondary sources and manage vendor life cycle across global and domestic supplier base.2. Budgeting, Cost Optimization & Commercial Ownership- Manage procurement budgets and monthly forecasting for direct categories. - Drive savings through cost modelling, vendor consolidation, contract negotiations, and value engineering. - Collaborate with Finance and SCM to monitor variances and maintain budgetary discipline.3. Supplier Management & Quality Compliance- Develop and maintain Supplier Quality Agreements (SQAs) and ensure SOP compliance. - Manage vendor audits, performance metrics, and regulatory preparedness (GMP, SEZ, EOU, FDA) and mitigate risks through vendor diversification and commercial due diligence.4. Support for New Product Development (NPD)- Partner with R&D, RA, and manufacturing for sourcing during development, tech transfer, and scale-up stages. - Ensure timely availability of trial batches, validation materials, and regulatory documentation. - Proactively plan procurement for new formulations, or backward integration initiatives.5. SOPs, Documentation and reporting- Maintain procurement SOPs and documentation for audit readiness. - Use ERP SAP MM to manage procurement operations, vendor masters, PO tracking, and dashboards. - Generate reports on spend analysis, savings, sourcing lead times, and procurement KPIs.Skills Required:- Procurement Systems: SAP MM - Regulatory Understanding: GMP, cGMP, FDA, SEZ/EOU compliance - Commercial Acumen: Budgeting, RFQ/RFPs - Supplier Management: Audits, scorecards, SLA governance - Documentation: SQAs, SOPs, contracts, change notifications - Analytical Thinking: Cost optimization, risk analysis, scenario planning - Stakeholder Engagement: Cross-functional collaboration with QA, RA, R&D, BDQualifications:- Education: B, Pharm / M.Sc. / B.Tech (Chemical) + MBA/PGDM (Supply Chain/Operations preferred) - Experience: 8+ years in Procurement within Pharma (Formulation, API, excipients, packaging) - ERP expertise (SAP) and demonstrated ability in leading cost or quality improvement projects
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