Purchase Officer
1 week ago
**Vendor Management**:
- Identify and research potential suppliers of raw materials, packaging materials, laboratory supplies, and other pharmaceutical goods.
- Evaluate vendor performance based on quality, price, delivery time, and compliance with regulatory requirements.
- Negotiate contracts and pricing with suppliers, ensuring favorable terms and conditions.
- Establish and maintain strong relationships with key suppliers.
- **Procurement Process**:
- Review purchase requisitions from different departments within the company to identify procurement needs.
- Generate and issue purchase orders to approved suppliers, ensuring accuracy of specifications and quantities.
- Monitor order status and follow up on deliveries to ensure timely receipt of goods.
- Conduct quality inspections of incoming materials to verify compliance with quality standards.
- **Inventory Management**:
- Monitor stock levels of raw materials and finished goods to maintain optimal inventory levels.
- Analyze inventory data to identify potential stock shortages or overstocking issues.
- Implement strategies to optimize inventory turnover and minimize carrying costs.
- **Cost Control**:
- Negotiate pricing with suppliers to achieve the best possible cost for materials.
- Analyze purchase data to identify cost-saving opportunities and implement strategies to reduce procurement costs.
- Track and report on procurement expenses to ensure adherence to budget.
- **Compliance and Regulatory**:
- Ensure all procurement activities comply with relevant pharmaceutical regulations (e.g., GMP, FDA).
- Maintain documentation related to supplier qualifications, purchase orders, quality certificates, and delivery receipts.
- Stay updated on regulatory changes that may impact procurement practices.
Required Skills and Qualifications:
- Bachelor's degree in Supply Chain Management, Business Administration, Pharmacy, or related field.
- Strong understanding of the pharmaceutical industry, including quality standards and regulatory requirements.
- Excellent negotiation and communication skills
- Proficiency in procurement software and ERP systems
- Experience in vendor management and supplier evaluation
- Analytical skills to analyze data and identify cost-saving opportunities
Pay: From ₹12,000.00 per month
**Benefits**:
- Cell phone reimbursement
- Health insurance
- Provident Fund
- Work from home
Schedule:
- Day shift
**Experience**:
- total work: 1 year (preferred)
Work Location: In person
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