Purchase Manager

Wockhardt is a true Indian Multi-National Company with a multi-ethnic workforce of 5000 Associates from 27 different nationalities globally. We have 3 research centers and 12 manufacturing plants, with businesses ranging from the manufacturing and marketing of Pharmaceutical and Bio-pharmaceutical formulations, Active Pharmaceutical Ingredients (APIs) and Vaccines.

The company has successfully created an integrated multi-technology capability to manufacture all types of dosage forms including sterile injectable and lyophilized products. Highly skilled technicians operate 12 manufacturing facilities that are US FDA, UK MHRA and EMEA compliant sites in India, the US and Europe. It is with immense joy and pride we share with you that Wockhardt Group has won 3 awards in the Great Place To Work contest.

We have been recognized by renowned institutions worldwide for our aim to provide quality healthcare, including the Europe Business Assembly, Oxford, Great Britain for being the `Best Enterprise. In the past two years, Wockhardt has won 109+ Awards at National & International level, and the number is still increasing!

We have a requirement of Purchase manager in our HO in BKC.

Job Description:

Job Title: Purchase Manager Third Party Manufacturing for India & ROW Market

Department: Contract Manufacturing Services ( CMS )

Reports To: Vice President / General Manager Commercial

Job Purpose

To manage end-to-end procurement activities for third-party manufactured products, ensuring uninterrupted product availability, cost optimization, timely purchase order execution, and coordination with internal and external stakeholders for product development and commercial supplies.

Key Responsibilities

Negotiate commercial terms, Cost sheet evaluation, pricing, payment terms, and supply agreements with third-party manufacturers.

API Price Tracking

Identify, evaluate, and onboard new third-party manufacturing partners in coordination with QA, Regulatory, ROW Marketing Team & Technical teams.

Coordinate with Exim team for FG despatches to France, Uganda, Nigeria, Philippines, Nepal & Russia Etc.

Release purchase orders (POs) based on production plans, demand forecasts & inventory requirements.

Monitor timely acknowledgement, execution, and closure of purchase orders.

Ensure continuous availability of finished goods by tracking production status against POs.

Coordinate with manufacturing partners to ensure on-time production, dispatch, and delivery.

Manage product transfer activities between manufacturing sites, including coordination with Regulatory Affairs, QA, ROW Team, Exim and Supply Chain.

Drive new product development (NPD) projects by coordinating with R&D, Regulatory, Packaging Development, and manufacturing partners.

Track project timelines to ensure timely commercial launch of new products.

Monitor raw material and packaging material availability at manufacturing sites to prevent production delays.

Resolve supply-related issues such as capacity constraints, shortages, quality concerns, and delivery delays.

Review inventory levels and prepare procurement plans based on demand forecasts.

Ensure timely receipt of invoices and coordination for vendor payments.

Develop and maintain strong relationships with third-party manufacturers to improve service levels and business continuity.

Prepare procurement MIS reports, vendor performance dashboards, cost-saving initiatives, and supply risk assessments.

Ensure compliance with company procurement policies, GMP requirements, and statutory regulations.

Key Performance Indicators (KPIs)

Purchase Order (PO) release within defined timelines.

On-time product availability against POs (OTIF).

Vendor On-Time Delivery (OTD).

Cost savings achieved through negotiations.

New product launch adherence to planned timelines.

Product transfer completion within approved timelines.

Inventory availability and stock-out reduction.

Vendor performance and service level improvement.

Procurement lead time reduction.

Supply continuity and issue resolution turnaround time.

Key Skills & Competencies

ROW market sourcing

Cost sheet evaluation

Vendor negotiation and commercial management.

Third-party manufacturing operations.

Purchase and supply planning.

Product transfer and project management.

New Product Development (NPD) coordination.

Inventory management.

ERP/SAP procurement modules.

Analytical and problem-solving skills.

Cross-functional stakeholder management.

Communication and relationship management.

Preferred Qualification & Experience

Bachelor's/Master's degree in Pharmacy, Science or Supply Chain Management.

812 years of experience in pharmaceutical procurement, third-party manufacturing, or supply chain management.

Hands-on experience with SAP/ERP systems, contract manufacturing, and pharmaceutical regulatory requirements.