Procurement Specialist

2 weeks ago

Noida, India Naari Pharma Pvt Ltd. Full time

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, BD

Qualifications:

- 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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