Strategic Sourcing & Market Intelligence:

- Track regular trends in API KSM, excipient, solvent, and specialty chemical markets.

- Forecast impact of geopolitical events, anti-dumping duties, and RM price volatility. Share market

intelligence reports with management.

Vendor Development & Overseas Interaction:

- Identify, qualify, and onboard current suppliers/vendors for APIs, excipients, intermediates, solvents, and

specialty chemicals.

- Manage day-to-day communication with suppliers/vendors across time zones for pricing, capacity, lead

times, and supply updates.

Procurement & Cost Management:

- Float RFQs/RFPs, compare quotations, negotiate best cost, payment terms, MOQ, and delivery

schedules.

- Drive cost savings through alternate sourcing and develop dual/multiple sources to de-risk supply.

Cross-Functional Coordination :





- Work with QA for vendor approval, R&D; for sampling, Planning for demand forecasts, and Logistics.

- Coordinate with Warehouse for lot tracking, inward QC, and GRN.

Core Competencies :

- Market Expertise: Well versed with frequent global market changes and material trends for APIs,

excipients, intermediates, solvents, and specialty chemicals. Ability to act ahead of price spikes or

shortages.

- Vendor Management: Strong experience in interactions with suppliers or vendors – negotiation,

conflict resolution, and relationship building. Excellent written and verbal English communications.

Pay: ₹40,000.00 - ₹50,322.56 per month

Work Location: In person

📌 Senior Sourcing & Purchase Executive (India)
🏢 Formix India
📍 India