Procurement Specialist

1 week ago

gautam buddha nagar, 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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