A Purchase Manager in the nutraceutical industry is responsible for sourcing high-quality raw materials (such as herbal extracts, vitamins, and minerals) and packaging. They negotiate pricing, ensure regulatory and quality compliance (e.g., FSSAI, COA, GMP), and manage inventory to support uninterrupted manufacturing. A comprehensive, customizable job description template tailored for the nutraceutical sector includes the following key elements.
We are seeking an experienced and proactive Purchase Manager nutraceutical industry to oversee sourcing and procurement operations. The ideal candidate possesses in-depth knowledge of nutraceutical raw materials, global vendor networks, and regulatory compliance standards. You will optimize costs, mitigate supply chain risks, and ensure a seamless flow of materials for production.
Key Responsibilities
- Strategic Sourcing: Lead the procurement of APIs, excipients, herbal extracts, amino acids, vitamins, minerals, and specialized packaging materials.
- Vendor Management: Identify, evaluate, and develop reliable domestic and international suppliers. Build strong vendor relationships and conduct regular performance reviews.
- Cost Optimization: Drive price negotiations, evaluate total cost of ownership, and execute cost-saving initiatives without compromising quality.
- Regulatory & Quality Alignment: Collaborate tightly with QA/QC and regulatory teams to guarantee vendor compliance, document accuracy (e.g., COA, GMP, DMF), and audit readiness.
- Inventory & Demand Planning: Analyze demand patterns, coordinate with production and warehouse teams to maintain optimal stock levels, and prevent shortages or overstocking.
- Procurement Operations: Oversee Purchase Order (PO) generation, track shipments, and resolve delivery or invoicing discrepancies.
- Risk Mitigation: Develop contingency plans and identify alternate sources to ensure supply continuity despite market fluctuations.
Qualifications & Requirements
- Education: Bachelor’s degree in Pharmacy, Chemistry, Life Sciences, Biotechnology, or Supply Chain. An MBA in Supply Chain or Operations is highly preferred.
- Experience: 6+ years of relevant experience in raw material sourcing and purchasing within the nutraceutical, pharma, or food supplement industry.
- Domain Knowledge: Strong understanding of nutraceutical ingredients, global sourcing markets, and compliance frameworks.
- Skills: Exceptional negotiation, analytical, and cross-functional coordination skills.
- Tech Proficiency: Working knowledge of major Enterprise Resource Planning systems (e.g., SAP, Oracle) and advanced MS Excel
CTC Upto 65 k
Notice Period 15 to 30 Days Notice Period
Pay: ₹55,866.04 - ₹65,505.49 per month
Benefits:
- Health insurance
- Paid sick time
- Provident Fund
Work Location: In person
