Strategic Sourcing
2 days ago
Company Description
NewLife Medicals offers solutions that help pharmaceutical, CROs, nutraceutical, and biotechnology companies to accelerate business growth through clinical development, manufacturing, drug development and commercialization process. Our operations focused on RLD & Comparator Sourcing and CTSM are supporting in more than 42 countries across the globe from the office locations based in Ahmedabad, USA, and Ireland.
Key Responsibilities
- Responsible for Sourcing of RLD/Comparator drugs from the EU market.
- Maintain existing suppliers and add new suppliers across targeted market.
- Coordinate with internal and external stakeholders and ensure timely completion of tasks.
- Review weekly progress of sourcing plan vs actual and devise tactics to ensure no gap in monthly achievement.
- Negotiate contracts for sales/purchases, and manage and review contracts as required enabling effective operations, and customer/supplier relations.
- Build good rapport with the Key Suppliers across the assigned region (EU).
- Manage/liaise with facility/warehouse team members on inventory levels, stock control, warehousing and distribution activities etc.
- Support logistics team in identification of 3PL service providers in targeted markets and conduct meetings for finalization of service agreements.
- Coordinate with logistics team and oversee that committed TAT is achieved.
- Maintain monthly MIS & work with documentation team for day-to-day operations, archiving of all invoices wrt each transaction.
- Plan day-to-day shipment pick up or collection.
- Maintain & track supplier wise activities in CRM/SAP.
- Monitor and track supplier wise, provide feedback for each supplier accounts for timely action.
- Analyze the SAP data and derive the supplier wise strategy in line to achieve the target.
Qualifications
Education: Bachelor's / Master's in Pharmacy, Science, or International Business.
Experience: 3–7 years in global sourcing/procurement, preferably in RLD sourcing.
Industry: Clinical or Pharmaceutical.
Competencies & Skills
(#) Proven track record of meeting/exceeding sourcing & procurement targets.
(#) Knowledge of clinical trial supplies (advantageous).
(#) Excellent negotiation & communication skills (English proficiency required).
(#) Strong analytical & strategic thinking with market awareness.
(#) High integrity, results-oriented mindset, and ability to work independently.
(#) Proficiency with SAP/CRM and other relevant tools.
How to Apply:
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NewLife Medicals fosters Respect, Equality, and Inclusivity within its employees, stakeholders, suppliers, and vendors. Our diversity plan recruits the best talent regardless of gender, age, race, disabilities, and nationality. This facilitates a diverse work culture where people with different skill sets come together to create an environment of creativity and mutual respect. Women represent half of our workforce. We endeavor to create a sustainable value system for people, communities, partners, and our planet. We have established a compliance team that guides employees in following ethical business practices while incorporating integrity and honesty in their behavior. NewLife Medicals encourages employees to make their lives productive while enjoying the workplace. We encourage them to bring their own goals and achieve them with us with our employee-friendly work policies, support system, safe environment, and growth opportunities. Celebrating life in every form is a core of every NewLife Medicals employee's existence.
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