Job Duties – Sourcing & Procurement of Pharma / API Products
- Develop and implement procurement strategies for APIs (Active Pharmaceutical Ingredients), excipients, intermediates, and packaging materials.
- Identify, evaluate, and onboard reliable domestic and international suppliers for pharmaceutical raw materials.
- Conduct vendor qualification and assessment as per GMP, regulatory, and quality standards.
- Negotiate pricing, payment terms, delivery schedules, and annual contracts with suppliers to achieve cost optimization.
- Ensure uninterrupted supply of API and pharma raw materials to support production planning and inventory requirements.
- Coordinate with QA/QC, regulatory, production, and warehouse teams for material approvals and procurement planning.
- Monitor market trends, raw material availability, import/export regulations, and pricing fluctuations in the pharmaceutical industry.
- Handle purchase orders, RFQs, comparative statements, and procurement documentation accurately.
- Follow up with suppliers for timely dispatch, shipment tracking, and delivery of materials.
- Manage import procurement activities including LC documentation, customs coordination, and freight follow-up.
- Ensure compliance with regulatory requirements, SOPs, GDP, GMP, and company procurement policies.
- Maintain supplier performance records and develop alternate sourcing strategies to minimize supply risks.
- Control inventory levels and coordinate with stores to avoid stock shortages or overstocking.
- Resolve supplier-related issues such as quality complaints, delayed deliveries, and pricing discrepancies.
- Prepare procurement MIS reports, cost analysis, and monthly purchase reports for management review.
- Build strong relationships with vendors, manufacturers, and third-party sourcing partners.
- Support audit activities by maintaining procurement records and supplier documentation.
- Work closely with finance team for invoice verification, payment follow-ups, and budget monitoring.
Pay: ₹800,000.00 - ₹1,500,000.00 per year
Benefits:
Work Location: In person
