Role & responsibilities
Sourcing & Vendor Development:
- Identify and evaluate suppliers (domestic & international) for raw materials.
- Develop strategic relationships with key vendors to ensure long-term supply reliability.
- Negotiate contracts and terms of purchase in line with budget and compliance norms.
Procurement Operations:
- Raise purchase orders based on MRP requirements and production plans.
- Ensure timely procurement to avoid production delays.
- Track orders, resolve delivery issues, and manage lead times.
Compliance & Documentation:
- Ensure supplier documentation meets regulatory and quality standards (e.g., COA, DMF, GMP compliance).
- Coordinate with QA/QC and Regulatory Affairs teams for vendor qualification.
Cost Management:
- Analyze price trends, forecast costs, and identify opportunities for cost reduction.
- Monitor market dynamics impacting raw material prices (e.g., crude prices, currency fluctuations).
Inventory Management:
- Maintain optimum inventory levels in coordination with SCM and production teams.
- Ensure stock rotation and monitor slow/non-moving raw materials.
Cross-Functional Coordination:
- Work closely with Production Planning, Quality Assurance, Finance, and Regulatory teams.
- Resolve issues related to material rejection, payment delays, or compliance concerns.
Essential education, experience and skills:
- Education: B.Pharm / M.Pharm MBA in Supply Chain or related field
- Experience: 4 - 6 years in pharmaceutical raw material procurement
- Strong negotiation and vendor management skills
- Understanding of pharma regulations (USFDA, EU-GMP, etc.)
- Familiarity with SAP / ERP systems
- Analytical mindset with cost consciousness
- Good communication and coordination skills
Salary
Competitive
Monthly based
Location
, Chhindwara, Madhya Pradesh, India, Madhya Pradesh, India
Job Overview
Location
, Chhindwara, Madhya Pradesh, India, Madhya Pradesh, India