Sr.Exe/Asst. Mgr (RM & PM) Procurement/Purchase For Pharma Co. Pune

Roles and Responsibility:

1. Strategic Sourcing & Procurement

• Plan and execute strategic sourcing for all input materials required for finished pharmaceutical manufacturing.
• Manage procurement of:
• Active Pharmaceutical Ingredients (APIs)
• Raw Materials & Excipients
• Packaging Materials (Primary & Secondary)
• Consumables & Engineering Goods
• Ensure timely availability of materials in line with production plans and inventory norms.

2. Vendor Development & Supply Assurance

• Identify, evaluate, qualify, and develop domestic and international suppliers.
• Maintain approved vendor lists in coordination with QA, QC, and Regulatory teams.
• Develop alternate sourcing strategies to mitigate supply risks.
• Monitor vendor performance on quality, delivery, compliance, and cost parameters

3. Import Procurement & Global Sourcing

• Handle import purchases including APIs, RM, PM, and engineering items.
• Coordinate with CHA, freight forwarders, and logistics partners.
• Ensure compliance with import regulations, customs documentation, and timelines.
• Monitor global market trends impacting pricing, availability, and lead times.

4. Contract Manufacturing Support

• Support procurement activities related to Contract Manufacturing Organizations (CMOs).
• Coordinate material sourcing and supply for contract manufacturing requirements.
• Exposure to CMO operations is an added advantage.

5. Negotiation & Cost Optimization

• Lead price negotiations, commercial terms, and long-term contracts with vendors.
• Achieve cost reduction and value engineering initiatives without compromising quality.
• Ensure procurement aligns with company margin expectations and budgeting goals.

6. Market Intelligence & Trend Analysis

• Stay updated on market trends, competitor sourcing strategies, price movements, and supplier dynamics.
• Track shortages, regulatory changes, and geopolitical impacts affecting supply.
• Maintain a robust procurement pipeline with backup suppliers.

7. Compliance & Corporate Standards

• Ensure procurement activities comply with:
• GMP / GDP requirements
• Corporate procurement policies
• Ethical sourcing standards
• Work closely with QA, Regulatory, Finance, and Production teams to ensure alignment.

8. Policy Development & Process Improvement

• Develop, implement, and continuously improve procurement policies, SOPs, and workflows.
• Drive process standardization, documentation, and audit readiness.
• Support internal and external audits related to procurement and vendor management.

Key Competency Required:

• Sound knowledge of Raw Materials and Packaging Materials is Mandatory.
• Honest, Hard Working.
• Growth Mindset (Important)

Knowledge Required

• 5 10years of relevant experience in Pharma.
• Strong exposure to API/RM/PM procurement in regulated pharma environments.
• Experience in import purchases is essential.
• Knowledge of GMP, vendor qualification, and pharma compliance requirements.
• Computer proficiency in MS Office, ERP and internet functions.