Purchase Manager

14 hours ago


Ludhiana, Punjab, India Selective Placement Consultants Full time ₹ 12,00,000 - ₹ 36,00,000 per year


Job Description:

  • Strategic Sourcing: 
    Develop and implement procurement strategies for APIs and raw materials, ensuring alignment with company goals. 


  • Supplier Management: 
    Identify, qualify, and onboard new domestic and international suppliers, and build strong, long-term relationships. 


  • Negotiation: 
    Lead high-value negotiations for favorable pricing, terms, and credit conditions, and manage contracts with suppliers. 


  • Compliance and Quality: 
    Ensure all procurement activities and materials comply with pharmaceutical regulations (e.g., GMP, FDA, EU) and that suppliers meet quality standards. 


  • Logistics and Import/Export: 
    Manage import logistics, including coordination with customs, shipping lines, and airlines, and ensure timely clearance of materials. 


  • Risk Mitigation: 
    Monitor global market trends, regulatory changes, and pricing dynamics to manage risks and implement dual-sourcing strategies. 


  • Cross-functional Collaboration: 
    Work closely with other departments, including Quality Assurance, Regulatory Affairs, Production, R&D, and Finance, to meet their requirements. 


  • Cost Management: 
    Drive cost-saving initiatives and manage the procurement budget effectively. 


  • Team Leadership: 
    Lead, mentor, and develop the procurement team, fostering a culture of continuous improvement. 



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