24 Sep
|
Bio-pharma Laboratories
|
Hyderabad
24 Sep
Bio-pharma Laboratories
Hyderabad
Role & responsibilities
We are seeking a skilled and dynamic Procurement Executive to join our Tocopherol Manufacturing Unit in Hyderabad. The successful candidate will be responsible for sourcing, procurement, and supplier management of raw materials, chemicals, and equipment essential to our tocopherol production operations. This is a critical position that directly impacts production efficiency, cost management, and supply chain reliability.
Key Responsibilities
Procurement & Sourcing
Identify, evaluate, and select suppliers for raw materials, intermediate chemicals, and production equipment
Develop and maintain a network of reliable vendors specializing in oil technologies and tocopherol-related materials
Conduct market research and competitive analysis to identify cost-effective sourcing opportunities
Prepare and analyze Request for Quotations (RFQs) and negotiate contracts with suppliers
Track and analyze price trends for key materials and commodities
Supplier Management
Establish and maintain strong relationships with existing and new suppliers
Conduct regular supplier audits and performance evaluations
Address supplier-related issues, including quality concerns and delivery delays
Monitor supplier compliance with specifications, delivery schedules, and regulatory requirements
Collaborate with Quality Assurance to ensure supplier materials meet manufacturing standards
Inventory & Order Management
Coordinate with Production and Planning teams to forecast material requirements
Manage purchase orders, delivery schedules, and inventory levels
Monitor stock levels and implement effective inventory management practices
Track shipments and ensure timely receipt of materials
Maintain accurate procurement records and documentation
Cost Management
Optimize procurement spend through strategic sourcing and vendor negotiations
Identify opportunities for cost reduction without compromising quality
Prepare procurement budgets and reports for management review
Compare supplier quotes and prepare cost-benefit analysis
Ensure adherence to budgetary constraints
Compliance & Documentation
Ensure all procurement activities comply with company policies and regulatory requirements
Maintain proper documentation for all supplier agreements and contracts
Handle import/export documentation for raw materials and specialized chemicals
Keep abreast of industry regulations, safety standards, and GST/customs compliance
Coordinate with regulatory and compliance teams as needed
Cross-Functional Collaboration
Work closely with Production, Quality Assurance, and Finance departments
Communicate effectively regarding material availability, pricing, and delivery timelines
Support production planning and scheduling initiatives
Participate in process improvement initiatives
Preferred candidate profile
Required Qualifications
Education
Master of Science (M.Sc.) in Chemistry, Chemical Engineering, or equivalent
OR Graduate degree with specialization in Oil Technologies / Petroleum Science
Experience
Minimum 3 years of professional experience in procurement, supply chain, or materials management
Preferably 2+ years of experience in pharmaceutical, chemical, or manufacturing procurement
Demonstrated experience sourcing for chemical/oil-based manufacturing units is highly valued
Technical Knowledge
Understanding of tocopherol production processes or similar specialty chemical manufacturing
Familiarity with oil refining, hydrogenation, or extraction technologies
Knowledge of chemical sourcing, quality specifications, and handling requirements
Basic understanding of import/export procedures and customs regulations
Skills & Competencies
Excellent negotiation and communication skills
Strong analytical and problem-solving abilities
Proficiency in Microsoft Office (Excel, Word, PowerPoint)
Experience with procurement software/ERP systems (SAP, Oracle, or similar)
Attention to detail and solid organizational skills
Ability to manage multiple priorities and meet deadlines
Customer/vendor relationship management capabilities
Desired Qualifications
Experience with supplier quality management systems (IATF, ISO 9001, etc.)
Knowledge of food-grade or pharmaceutical-grade material sourcing
Experience with sustainability and green procurement initiatives
Familiarity with Indian manufacturing regulations and Hyderabad-based supplier networks
Exposure to contract management and risk assessment
Background in inventory optimization or demand planning
📌 Procurement Executive (Hyderabad)
🏢 Bio-pharma Laboratories
📍 Hyderabad