Procurement Specialist

3 weeks ago


Pune HO, India DD Enterprises Full time
Job Profile Overview

The Procurement Specialist will be responsible for managing the procurement of materials, components, and services required for the successful execution of company projects. This role requires a strategic thinker with experience in the pharmaceutical sector and a deep understanding of the regulatory environment.

Key Responsibilities
  • Supplier Management: Identify, evaluate, and partner with suppliers to source quality materials and components. Develop and maintain strong relationships with suppliers to ensure timely delivery and compliance with contract terms.
  • Strategic Sourcing: Analyze market trends and supplier performance to identify cost-saving opportunities. Implement best practices in sourcing to optimize total cost and enhance product quality.
  • Project Collaboration: Work closely with project managers and engineers to understand the specific procurement needs for each project. Align procurement strategies with project timelines and deliverables.
  • Contract Negotiations: Negotiate terms, pricing, and delivery with suppliers to secure advantageous agreements. Draft and review contracts ensuring alignment with project requirements and company policies.
  • Regulatory Compliance: Ensure all procurement activities are compliant with pharmaceutical industry standards and regulations. Stay updated on regulatory changes and adjust procurement processes accordingly.
  • Inventory Management: Monitor inventory levels and manage the supply chain to prevent delays in production. Utilize inventory management systems to track and forecast material requirements.
  • Risk Management: Identify and mitigate risks in the supply chain to avoid project disruptions. Develop contingency plans for critical supply issues.


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