Procurement Specialist

17 hours ago

Chennai, Tamil Nadu, India beBeeProcurement Full time ₹ 90,00,000 - ₹ 1,50,00,000
Job Description

In the Pharmaceutical Industry, we are seeking an experienced Procurement Specialist to oversee all procurement and purchasing activities.

  • Main Responsibilities:
  • Negotiate prices with suppliers and ensure timely supply of materials.
  • Maintain databases of supplier contracts, purchase records, and related documents.
  • Ensure procured items meet quality standards and specifications.
  • Prepare cost estimates and manage budgets for procurement-related expenses.
  • Design, plan, and implement sourcing and purchasing strategies to optimize supply chain efficiency.
  • Identify potential vendors and suppliers through market research and negotiations.
  • Collaborate with Quality Assurance and Compliance teams to conduct vendor audits and ensure adherence to regulatory requirements.
  • Process payments and invoices for procurement-related transactions.
  • Attend meetings to stay informed about company objectives and provide strategic input on procurement-related matters.
  • Communicate supply-related information with internal stakeholders, including sales, production, and logistics teams.
  • Forecast demand and make orders accordingly to maintain optimal inventory levels.
  • Requirements:
  • Bachelor's degree in Supply Chain Management, Business Administration, or related field.
  • Proven experience in procurement and purchasing roles, preferably in the Pharmaceutical Industry.
  • Strong analytical and problem-solving skills, with ability to identify opportunities for cost savings and process improvements.
  • Excellent communication and negotiation skills, with ability to build strong relationships with suppliers and internal stakeholders.

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