- Develop and execute a comprehensive sourcing and procurement strategy to meet company objectives.
- Research global market, analyze and share evaluation to estimate and procure competitive pricing, lead times, and quotes for the comparator drugs and other requirements from the client.
- Onboard existing supplier relationships and establish new partnerships across US & global target markets.
- Coordinate with the team to ensure timely completion of tasks and reduce workload.
- Review weekly progress of sourcing plan vs. actual and devise tactics to ensure monthly achievement targets are met.
- Negotiate contracts for sales/purchases, manage contract renewals, and review contracts as required.
- Manage relationships with suppliers and ensure effective trading operations.
- Liaise with facility team members on inventory levels, stock control, and warehousing activities.
- Work closely with the logistics team to achieve committed turnaround times.
- Coordinate with the business development team on market expectations regarding product rates and negotiate with suppliers to support order conversion.
- As a sourcing specialist, bridging the gap between sales and procurement functions to optimize efficiency in the supply chain and enhance overall customer satisfaction.
- Build a rapport with existing and engage new clients by delivering exceptional service, fostering new relationships,
and contributing to the growth of New Life Medicals (USA), Inc.
- Collaborate with the BD team to identify opportunities for business growth and expansion.
- Stay updated on industry trends and market developments to inform sourcing and business development strategies.
- Flexibility to travel for attending (need based) Exhibitions, Conferences, business related travel i.e (Company Meeting or to visiting the facility in North Carolina)
Preferred candidate profile
- Proven 10+ years of work experience as a Sourcing Specialist / Procurement Specialist, preferably in the clinical trial supplies, pharmaceuticals outsourcing team, comparator drug sourcing and supplies.
- Result driven orientation having solid service oriented attitude with excellent negotiation skills.
- Previous experience in SAP & other industry software will be an added advantage
- Must have keen attention to detail and possess proper phone and email etiquette.
- Ability to stay organized while effectively prioritizing multiple projects at once.
- High attention to detail when completing projects.
- Person should be in position to travel for meetings and exhibitions and events.
- Robust time management skills to complete projects by deadlines.
- Self-motivated individual who takes ownership of their projects.
- Administrative skills (MS Office and Google Workspace are required).
- Maintain excellent verbal, writing, and language skills.
📌 Sourcing Head (Gujarat)
🏢 New Life Medicals
📍 Gujarat
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