Purchase Executive

12 hours ago

Navi Mumbai, Maharashtra, India Novo Medisciences Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Description

We are seeking a reliable and experienced Purchase Executive to join our procurement team focused on finished formulations. The ideal candidate will manage purchase orders, source and negotiate with vendors, and ensure the timely procurement of materials and services while adhering to industry standards and company policies.

Key Responsibilities:

  • Raise and manage Purchase Orders (POs) for raw materials, excipients, packaging materials, and other items related to finished formulations.
  • Source and evaluate vendors for quality, compliance, pricing, and reliability.
  • Conduct negotiations with suppliers to achieve cost savings and favorable terms.
  • Coordinate with QA, QC, Production, and Warehouse teams for material specifications and delivery schedules.
  • Ensure procurement activities comply with regulatory and documentation requirements specific to finished formulations.
  • Maintain and update procurement records, vendor databases, and pricing history.
  • Track shipments and follow up on timely delivery, quality checks, and GRNs.
  • Monitor vendor performance and initiate corrective actions if needed.

Key Skills:

  • Purchase Order Management
  • Vendor Sourcing (Finished Formulations)
  • Vendor Negotiation & Cost Control
  • Pharma Procurement (Raw Materials, Excipients, Packaging)
  • Regulatory Compliance in Pharma
  • Documentation & Record Management
  • ERP Systems (Preferred)
  • MS Excel Proficiency
  • Strong Communication & Coordination Skills

Desired Candidate Profile:

  • 35 years of experience in pharma purchasing, specifically in finished formulations.
  • Strong knowledge of pharma raw materials, excipients, and packaging materials.
  • Experience working with GMP-compliant vendors and documentation practices.
  • Ability to handle multiple priorities and work under tight timelines.

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