Purchase Executive

1 day ago

Hyderabad, Telangana, India Sipra Labs Limited Full time ₹ 9,00,000 - ₹ 12,00,000 per year

The Purchase Executive will be responsible for sourcing raw materials and chemicals, negotiating contracts with suppliers, managing inventory levels, ensuring quality standards, and implementing cost-saving initiatives to support uninterrupted operations.

Key Responsibilities:

  • Implement efficient procurement processes to ensure continuous supply of materials.
  • Collaborate closely with Analytical and other internal teams to understand requirements and develop procurement plans.
  • Negotiate with vendors and review purchase orders, ensuring all contracts are properly documented.
  • Develop strategic partnerships with vendors for business growth opportunities.
  • Coordinate with international suppliers and manage customs clearance to ensure timely shipment deliveries.
  • Maintain supplier relationships through regular communication, performance evaluation, and issue resolution.
  • Participate in national events, exhibitions, and conferences to expand the vendor network.
  • Analyze inventory levels, demand forecasts, and consumption patterns to optimize stock and reduce carrying costs.
  • Prepare and present procurement reports, performance metrics, and cost-saving achievements to management.

Required Qualifications:

  • Pharma industry experience is a must.
  • Strong negotiation and vendor management skills.
  • Ability to manage procurement operations and purchase orders efficiently.
  • Good analytical skills for inventory and demand planning.
  • Effective communication and coordination abilities.
  • Graduation is not mandatory but is preferred.

Preferred Skills:

  • Knowledge of purchase management and procurement processes.
  • Experience handling international suppliers and customs processes.
  • Familiarity with cost control and supplier performance evaluation.

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