Purchase Manager For A Leading Pharma Company

2 weeks ago

Pune, Maharashtra, India MM Staffing & Career Consultants Full time

Key Responsibilities Procurement Vendor Management - 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 Material Planning Ordering - 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 Compliance - Ensure all purchased formulations comply with GMP WHO-GMP USFDA and other relevant regulatory standards - Maintain vendor records in compliance with audit and regulatory requirements Cost Management - Conduct market analysis to benchmark prices and identify cost-saving opportunities - Monitor purchase budgets and reduce procurement costs without compromising quality Logistics Inventory Coordination - Work closely with the logistics team for shipment planning - Maintain optimal inventory levels to avoid stock-outs or overstocking MIS Reporting - Prepare purchase reports vendor performance analysis and cost reports for management review - Track and report KPIs such as on-time delivery cost variance and supplier performance Key Skills Competencies - Strong knowledge of pharma formulation procurement ampoules vials PFS tablets - Understanding of regulatory requirements and documentation in pharma procurement - Negotiation and vendor management skills - Market awareness of raw material and finished goods pricing trends - Strong analytical and problem-solving skills Qualifications Experience - 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

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