Purchase Manager

3 days ago

Panchkula, Haryana, India Venus Remedies (VRL) Full time ₹ 9,00,000 - ₹ 12,00,000 per year

A proactive and detail-oriented Manager Commercial (API Sourcing & Regulatory Compliance) to support the sourcing and vendor development of new APIs and molecules for our greenfield pharmaceutical manufacturing unit at Venus Industrial Park. The ideal candidate should have hands-on experience in API procurement, vendor interaction, and regulatory documentation handling. This role is instrumental in ensuring timely and compliant sourcing of APIs for R&D, scale-up, and commercial production stages.

This position reports directly to the Deputy General Manager – Commercial (API Sourcing & Regulatory Compliance) and will work closely under their guidance to execute sourcing strategies and ensure alignment with regulatory and operational goals.

Key Responsibilities:

API Sourcing & Procurement Coordination

  • Identify potential vendorss for APIs required in new product development.
  • Coordinate with R&D and formulation teams to understand project-specific API needs.
  • Float RFQs, collect quotations, conduct technical and commercial comparisons, and finalize proposals in consultation with the DGM.
  • Vendor Communication & Management
  • Liaise with domestic and international API vendorss for quotations, regulatory documents, and delivery timelines.
  • Support in the evaluation and onboarding of new vendors, including coordinating audits and documentation.
  • Track vendors performance with respect to quality, service levels, and responsiveness.

Regulatory Documentation Handling

  • Collect, verify, and maintain regulatory documents such as DMFs, CEPs, GMP certificates, stability data, and CoAs.
  • Collaborate with the RA and QA teams to ensure documentation meets compliance requirements for filings and audits.

Cost and Market Analysis

  • Monitor API pricing trends, raw material availability and lead times.
  • Assist in negotiations to achieve cost-effective sourcing while ensuring quality and compliance.
  • Update internal databases on vendors capabilities, prices, and delivery performance.

Compliance & Internal Coordination

  • Ensure adherence to procurement SOPs, regulatory standards, and ethical sourcing policies.
  • Support the DGM in preparing sourcing status reports, audit documents, and risk assessments.
  • Coordinate with Legal, QA, and CQRA departments for contract finalization and documentation closure.

Key Skills & Competencies

  • Strong understanding of pharmaceutical API markets and vendor ecosystems
  • Excellent communication and coordination skills
  • Attention to detail and strong documentation discipline
  • Working knowledge of ERP systems and procurement tools

Ability to work under pressure and manage multiple priorities

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