Executive Purchase
2 weeks ago
Job Description
Key Responsibilities:
- Procurement of Raw and Packaging Materials:
- Source and procure active pharmaceutical ingredients (APIs), excipients, and other raw materials specific to injectable formulations.
- Purchase primary and secondary packaging materials like vials, ampoules, rubber stoppers, flip-off seals, cartons, and labels.
- Vendor Management:
- Identify, evaluate, and develop suppliers, especially those compliant with regulatory norms (GMP, USFDA, WHO-GMP, etc.).
- Negotiate terms, prices, delivery schedules, and payment terms with vendors.
- Maintain supplier performance records and ensure timely vendor audits when required.
- Purchase Order Management:
- Generate purchase orders (POs) in ERP systems like SAP, Oracle, or Tally.
- Track and follow up on open POs to ensure timely delivery and avoid stockouts.
- Inventory Coordination:
- Work closely with the stores and production departments to understand material requirements (MRP-based procurement).
- Maintain optimal inventory levels to ensure uninterrupted production.
- Regulatory and Documentation Compliance:
- Ensure all purchased materials have proper documentation CoAs, DMFs, TSE/BSE certificates, etc.
- Assist in audits (internal, external, or regulatory) by providing procurement-related records.
- Cost Control & Budgeting:
- Assist in cost reduction initiatives by identifying alternative vendors or materials.
- Support the finance team in budgeting and cost tracking for procurement activities.
- Coordination & Communication:
- Liaise with QA/QC, production, warehouse, and finance departments for smooth procurement operations.
- Communicate delays, shortages, or quality issues to relevant teams and initiate corrective action.
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