The Purchase Executive is responsible for managing procurement activities and ensuring the timely purchase of raw materials, packaging materials, and other supplies required for smooth pharmaceutical operations.
Key Responsibilities
- Identify, evaluate, and maintain relationships with suppliers and vendors.
- Generate and process purchase orders accurately and on time.
- Negotiate pricing, payment terms, and delivery schedules with suppliers.
- Follow up with vendors to ensure timely delivery of materials.
- Conduct market research to compare prices, quality, and supplier performance.
- Coordinate with stores and production teams for inventory planning and stock replenishment.
- Ensure procurement activities comply with company policies and pharmaceutical regulatory standards.
- Maintain proper purchase records, invoices, and documentation.
- Prepare procurement and vendor performance reports for management review.
Requirements
- Bachelor’s degree in Commerce, Business Administration, or related field.
- Experience in pharmaceutical procurement/purchase preferred.
- Positive negotiation and communication skills.
- Knowledge of ERP systems and MS Excel.
- Ability to work independently and manage multiple tasks.