A Purchase Executive in the pharmaceutical industry sources negotiates with and manages pharmaceutical vendors and suppliers to procure raw materials packaging and finished products ensuring compliance with regulations maintaining optimal inventory and negotiating favorable terms to support efficient operations and cost management Key Responsibilities Supplier Management Identify evaluate and onboard reliable pharmaceutical vendors for raw materials packaging and finished goods maintaining strong relationships and negotiating contracts Procurement Operations Process purchase orders and agreements track orders and coordinate deliveries with suppliers and internal teams to ensure timely and productive procurement Inventory Management Monitor inventory levels to meet demand prevent stockouts and optimize stock to avoid overstocking Regulatory Compliance Ensure all procurement activities and purchased materials adhere to relevant pharmaceutical regulations and quality standards Cost Market Analysis Conduct market research analyze pricing trends and implement cost reduction initiatives to optimize procurement spending Documentation Reporting Maintain accurate procurement records supplier databases and generate relevant management information system MIS reports Internal Collaboration Liaise with production quality and finance departments to align procurement activities with company goals and ensure smooth operations Key Skills Qualifications Pharma Product Knowledge Strong understanding of pharmaceutical products brands and their supply chain Negotiation Skills Ability to negotiate effectively with suppliers for pricing terms and delivery schedules Regulatory Awareness Familiarity with regulatory compliance norms in the pharmaceutical sector Technical Proficiency Proficiency in MS Office particularly Excel and experience with ERP inventory management software Communication Interpersonal Skills Strong communication problem-solving and relationship-building skills Job Type Full-time Pay 15 000 00 - 18 000 00 per month Work Location In person

📌 Purchase Executive(pharma) (Tamil Nadu)
🏢 Wedjat Health Solutions Private Limited, Madurai
📍 Tamil Nadu