Procurement Executive

2 days ago

Chennai Tamil Nadu, India Zivira Labs Private Limited Full time

Job Summary

The **Procurement of Pharma Products**

This job profile involves sourcing, purchasing, and managing pharmaceutical products and raw materials required for manufacturing, distribution, or retail. This role ensures a smooth and cost-effective supply of drugs and related materials while maintaining compliance with pharmaceutical regulations and quality standards.

**Job Title Examples**∙Procurement Executive - Pharmaceuticals

**Key Responsibilities**

1.**Sourcing & Vendor Management**
- Identify and evaluate suppliers/manufacturers of APIs (Active Pharmaceutical Ingredients), excipients, packaging materials, or finished formulations.
- Negotiate contracts, pricing, and delivery terms with vendors.
- Maintain supplier relationships and assess vendor performance.

2.**Procurement Planning**
- Forecast demand based on production schedules and sales projections.
- Prepare and manage purchase orders.
- Ensure timely availability of required materials to avoid production delays.

3.**Cost Optimization**
- Negotiate best prices and payment terms without compromising quality.
- Implement cost-reduction initiatives through alternate sourcing and bulk purchasing.

4.**Quality & Regulatory Compliance**
- Ensure all procured materials meet GMP (Good Manufacturing Practices) and quality standards.
- Verify that suppliers comply with regulatory requirements (e.g., FDA, CDSCO, WHO, EU-GMP).
- Maintain proper documentation and certificates (COA, MSDS, DMF, etc.).

5.**Inventory & Logistics Coordination**
- Coordinate with warehouse and logistics teams for timely receipt and storage.
- Track shipments and resolve supply chain bottlenecks.
- Monitor inventory levels and reorder points.

6.**Data Management & Reporting**
- Maintain procurement records, supplier databases, and purchase documentation.
- Prepare regular reports on purchase spend, supplier performance, and cost savings.

**Skills Required**∙
- Strong negotiation and communication skills
- ∙Knowledge of pharmaceutical materials (API, intermediates, packaging, excipients)
- ∙Understanding of GMP, GDP, and regulatory compliance
- ∙Analytical and forecasting abilities
- ∙Familiarity with ERP systems (SAP, Oracle, Tally ERP, etc.)
- ∙Vendor management and relationship-building
- ∙Attention to detail and documentation accuracy

**Educational Background**∙**Bachelor’s/Master’s degree**:

- Pharmacy (B.Pharm / M.Pharm)
- Chemistry
- Biotechnology
- Life Sciences
- Supply Chain Management or Business Administration (MBA preferred for managerial roles)

**Typical Career Path**
- Procurement Assistant / Executive
- Senior Procurement Executive / Officer
- Procurement / Purchase Manager
- Strategic Sourcing Manager
- Head of Procurement / Supply Chain

**Industries / Employers**∙
- Pharmaceutical manufacturing companies ∙
- Contract Manufacturing Organizations (CMOs) ∙
- API & bulk drug manufacturers
- ∙Hospitals and healthcare groups ∙
- Pharmaceutical distributors and retailers

**Job Types**: Full-time, Permanent, Fresher

Pay: ₹15,000.00 - ₹25,000.00 per month

**Benefits**:

- Health insurance
- Provident Fund

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