Procurement & Vendor Management
Develop and implement sourcing strategies for finished formulations.
Identify, evaluate, and approve vendors/manufacturers for ampoules, vials, PFS, and tablets.
Negotiate prices, payment terms, lead times, and supply contracts.
Maintain healthy relationships with approved suppliers to ensure long-term supply stability.
Material Planning & Ordering
Forecast purchase requirements based on sales orders and production schedules.
Issue purchase orders and track delivery schedules.
Coordinate with warehousing teams for timely receipt and clearance of goods.
Compliance
Ensure all purchased formulations comply with GMP, WHO-GMP, USFDA, and other relevant regulatory standards.
Maintain vendor records in compliance with audit and regulatory requirements.
Cost Management
Conduct market analysis to benchmark prices and identify cost-saving opportunities.
Monitor purchase budgets and reduce procurement costs without compromising quality.
Logistics & Inventory Coordination
Work closely with the logistics team for shipment planning.
Maintain optimal inventory levels to avoid stock-outs or overstocking.
MIS & Reporting
Prepare purchase reports, vendor performance analysis, and cost reports for management review.
Track and report KPIs such as on-time delivery, cost variance, and supplier performance.
Key Skills & Competencies
Solid knowledge of pharma formulation procurement (ampoules, vials, PFS, tablets).
Understanding of regulatory requirements and documentation in pharma procurement.
Negotiation and vendor management skills.
Market awareness of raw material and finished goods pricing trends.
Robust analytical and problem-solving skills.
Qualifications & Experience
Education: Bachelor’s / Master’s in Pharmacy, Science, or MBA in Supply Chain / Materials Management.
Experience: Minimum 10–15 years in procurement, with at least 10 years in pharmaceutical form
📌 Purchase Manager For A Leading Pharma Company Pune
🏢 MM Staffing & Career Consultants
📍 Pune
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