Purchase Manager
6 days ago
Only Pharma Experience Candidate Apply
Job Summary:
The Sr. Purchase Executive/ Manager (PM / PM) will be responsible for managing the procurement of all raw materials, packaging materials, and indirect items required for manufacturing pharmaceutical products such as tablets, capsules, and oral liquids. The role ensures timely availability of quality materials at the best commercial terms while maintaining vendor relationships and ensuring compliance with regulatory and company standards.
Key Responsibilities:
- End-to-end procurement of RM (Raw Material) and PM (Packaging Material) for pharmaceutical formulations (Tablets, Capsules, Oral Liquids).
- Develop and maintain a strong vendor network for sourcing quality materials.
- Evaluate vendor quotations and negotiate contracts to ensure best price, delivery, and quality.
- Issue Purchase Orders (POs) and follow up with suppliers to ensure on-time delivery.
- Coordinate with the QA/QC, Stores, and Production teams for material planning and issue resolution.
- Maintain minimum stock levels and prevent stockouts and overstocking.
- Ensure vendor audits and compliance with regulatory standards and company SOPs.
- Track market trends, price fluctuations, and identify cost-saving opportunities.
- Handle documentation for vendor qualification, GST, and regulatory paperwork.
- Prepare and maintain accurate procurement MIS reports and records.
Job Type: Full-time
Pay: ₹25, ₹40,000.00 per month
Benefits:
- Cell phone reimbursement
- Health insurance
- Internet reimbursement
- Leave encashment
- Life insurance
- Paid sick time
- Provident Fund
Work Location: In person
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