Procurement Specialist
3 weeks ago
Alchemy Medicine Pvt Ltd is seeking a skilled Purchase Executive to join its team. As a key member of the procurement function, you will play a crucial role in driving the company's sourcing strategy and ensuring the continuity of supply.
About the Role
You will be responsible for:
- Identifying and onboarding potential suppliers to meet the company's sourcing needs.
- Negotiating favorable terms with suppliers, including pricing, payment, delivery lead times, and other key areas.
- Evaluating and improving supplier performance to ensure optimal cost and service levels.
- Developing and implementing sourcing strategies in collaboration with cross-functional teams.
- Analyzing spend categories to identify opportunities for cost optimization.
- Managing existing supplier relationships and contracts, and renegotiating contracts as needed.
- Seeking alternative sources and solutions to ensure supply continuity.
- Defining best-in-class processes to drive lower costs while improving service levels.
- Working closely with Supply Chain and Operations to ensure seamless supply chain operations.
- Selecting, monitoring, and managing vendor performance.
- Developing and executing the strategic sourcing and procurement strategy.
Ideal Candidate
- You have at least 1 year of experience in buying, procurement, or sourcing within the chemicals and pharmaceuticals industry.
- You possess excellent negotiation skills and the ability to influence people at all levels.
- You are a strong networker and relationship builder.
- You are highly goal-driven and thrive in fast-paced environments.
- You are adaptable and excel in changing environments.
- You are willing to undertake 0-30% travel.
What We Offer
- The opportunity to work alongside and learn from best-in-class talent.
- A good environment to learn and grow.
- The chance to work within a company with a solid track record of performance.
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