Job Summary
The Head of Procurement will oversee the sourcing of medical components, raw materials (plastic resins, metals, electronics), and production machinery. The goal is to optimize costs, build reliable supplier partnerships, and ensure zero-stock situations for production, maintaining compliance with medical industry regulations.
Key Responsibilities
- Strategic Sourcing & Procurement: Develop and execute procurement strategies for raw materials, capital equipment, and MRO (Maintenance, Repair, and Operations) items.
- Vendor Management & Negotiation: Identify, qualify, and negotiate with global and local suppliers for favourable pricing, quality standards, and delivery terms.
- Regulatory Compliance & Quality Assurance: Ensure all purchased materials comply with ISO, FDA, GMP, and other applicable medical regulatory standards.
- Inventory Optimization: Implement inventory techniques (JIT, VMI, Lean) to maintain optimal stock levels, reducing carrying costs while preventing production delays.
- Cost Control & Budgeting: Drive cost-saving initiatives (zero-based costing, SKU rationalization) and manage the annual procurement budget.
- Cross-Functional Collaboration: Work closely with R&D, Quality Assurance, Production Planning (PPC), and Finance teams to align procurement with manufacturing needs.
- Risk Management: Develop contingency plans for supply chain disruptions, alternative sourcing strategies, and mitigation of raw material price fluctuations.
- Team Leadership: Supervise, mentor, and evaluate the purchasing team.
Required Qualifications & Skills
- Experience: 3 to 7+ years in procurement, with at least 5 years in a senior leadership role within medical device or pharmaceutical manufacturing.
- Education: Bachelor’s degree in Engineering, Supply Chain Management, Pharmacy, or Business Administration. An MBA or equivalent is highly preferred.
- Technical Knowledge: Deep understanding of medical component sourcing, raw materials, and international trade/logistics (EXIM documentation).
- System Proficiency: Strong experience with MRP systems Excels
- Skills: Strong negotiation prowess, analytical skills, and leadership capabilities.
Job Type: Full-time
Pay: ₹28,000.00 - ₹35,000.00 per month
Benefits:
- Food provided
- Health insurance
- Provident Fund
Work Location: In person
