Procurement Executive
1 hour ago
Job Description:
1. Procurement Operations
Source, negotiate, and purchase raw materials, excipients, APIs, packaging materials, and consumables as per production plans.
Develop and maintain strong relationships with approved suppliers and identify potential new vendors.
Ensure timely procurement of materials to avoid stockouts or production delays.
Evaluate supplier performance based on quality, delivery, pricing, and compliance.
Prepare and process purchase orders (POs) in ERP/SAP systems.
Conduct market analysis to identify cost-saving opportunities.
Negotiate long-term contracts and rate agreements with suppliers.
Monitor price trends, market conditions, and alternate sourcing options.
Ensure all procurement activities comply with cGMP, FDA, and other regulatory requirements.
Collaborate with QA/QC teams to qualify new suppliers and manage supplier audits.
Maintain procurement documentation for regulatory inspections.
Coordinate with Production, Planning, QA, and Finance for material forecasting, approvals, and payments.
Support new product launches and technology transfers by sourcing new materials.
Handle import/export documentation and coordination with customs & logistics partners (if applicable).
Maintain procurement KPIs (cost savings, lead time, supplier OTIF, etc.).
Prepare monthly procurement reports and inventory analysis.
Continuously improve procurement processes and implement digital tools where feasible.
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