Purchase Executive

1 month ago


Hyderabad, India Alchemy Medicine Pvt Ltd Full time

Alchemy Medicine manufactures quality generics pharmaceutical products at competitively by continuously improving its products process and adding new products in all segments, there by carving out a niche for itself, in the Global Pharma field.

The Role

You will be responsible for :

  • Spearheading sourcing by identifying and onboarding potential suppliers.
  • Negotiating favourable terms on pricing, payment, delivery lead times and other key areas.
  • Performing ongoing supplier evaluation and improvement.
  • Continuous improvement of sourcing activities by identifying and implementing best practices.
  • Developing and implementing sourcing strategies together with cross-functional teams across the organisation.
  • Analysing categories of spend to determine potential opportunities regarding cost optimisation.
  • Management of existing supplier relationships and contracts and renegotiation of supplier contracts where required.
  • Actively searching for alternative sources and solutions of supply.
  • Determining best-in-class processes in order to drive lower cost while improving service levels.
  • Working closely with Supply Chain and Operations to ensure continuity of supply.
  • Selecting, monitoring and managing performance of vendors.
  • Defining the strategic sourcing and procurement strategy and taking responsibility for its execution and realization.
  • Leading/participating in contract reviews and negotiations in coordination with the legal teams.

Ideal Profile

  • You have at least 1 year experience ideally as a Buying / Procurement or Sourcing within Chemicals and Pharmaceuticals / Biotechnology.
  • You possess excellent negotiating skills with a strong ability to influence people of all levels.
  • You are a strong networker & relationship builder
  • You are highly goal driven and work well in fast paced environments
  • You are adaptable and thrive in changing environments
  • You are willing to undertake 0-30% travel.

What's on Offer?

  • Work alongside & learn from best in class talent
  • Good Environment to learn and grow
  • Opportunity within a company with a solid track record of performance

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