Sr. Executive - Purchase (Hyderabad)

Sr. Executive - Purchase (Hyderabad)

06 Nov
|
Mars Therapeutics
|
Hyderabad

06 Nov

Mars Therapeutics

Hyderabad

Job Title: Sr. Executive - Purchase
Department: Purchase / Procurement
Industry: Pharmaceutical Manufacturing
Reports To: General Manager / Director
Experience: 58 years in pharmaceutical procurement preferred
Job Summary
We are seeking an experienced, results-oriented Purchase Manager to oversee procurement for our pharmaceutical manufacturing facility. The candidate will lead strategic sourcing, supplier development, cost optimization, and inventory planning; ensure timely procurement of raw materials, packaging materials, engineering spares, and other essential supplies; and maintain compliance with applicable pharmaceutical quality standards and company procedures.
Key Responsibilities
1. Procurement Planning

- Develop and implement procurement strategies aligned with production plans and business requirements.
- Plan and manage procurement of APIs, excipients, chemicals, solvents, packaging materials, and other pharmaceutical inputs.
- Coordinate with Production, Quality Assurance (QA), Quality Control (QC), Stores, Regulatory Affairs, and Finance departments.
- Ensure timely availability of materials to prevent production interruptions.

2. Supplier Management

- Identify, evaluate, develop, and maintain reliable suppliers and vendors.
- Negotiate prices, payment terms, credit periods, delivery schedules, and commercial conditions.
- Conduct supplier performance reviews based on quality, cost, delivery, and service.
- Coordinate with QA for supplier qualification, audits, and approval as per company procedures.

3. Cost Control and Negotiation

- Achieve cost savings through strategic sourcing,



competitive quotations, and effective negotiations.
- Compare quotations and prepare commercial evaluation reports.
- Monitor market trends and price fluctuations for pharmaceutical raw materials and packaging components.
- Establish annual procurement budgets and monitor purchasing expenditure.

4. Inventory and Material Management

- Monitor stock levels, minimum and maximum inventory, reorder points, and safety stock.
- Coordinate with Stores and Planning teams to avoid stock-outs and excess inventory.
- Review slow-moving, non-moving, and near-expiry materials with relevant departments.
- Optimize inventory holding costs without affecting production continuity.

5. Quality and Compliance

- Ensure procurement follows approved vendor lists and company SOPs.
- Ensure materials are procured against approved specifications and required documentation.
- Coordinate with QA/QC for COAs, specifications, SDS/MSDS, and other applicable documents.
- Support compliance with applicable GMP requirements and regulatory expectations.

6. Import and Export Procurement

- Coordinate import procurement, where applicable, including shipping documents, customs clearance, and logistics.
- Manage supplier lead times, freight costs, and delivery commitments.




- Support procurement of materials required for export-oriented pharmaceutical manufacturing.

7. Team Management and Reporting

- Lead, train, and supervise the purchase team.
- Establish procurement KPIs and review departmental performance.
- Prepare monthly reports on purchases, cost savings, pending orders, supplier performance, and inventory risks.
- Ensure purchase orders are issued accurately and on time.

Qualifications

- Bachelors degree in pharmacy, Chemistry, Engineering, Commerce, Supply Chain Management, or a related field.
- Relevant procurement or supply chain certification is an advantage.
- Strong knowledge of pharmaceutical raw materials, packaging materials, and vendor management.

Required Skills

- Excellent negotiation and communication skills.
- Strong analytical, planning, and decision-making abilities.
- Proficiency in MS Excel and ERP/SAP systems.
- Knowledge of pharmaceutical procurement documentation and GMP requirements.
- Leadership, problem-solving, and team-management skills.

Key Performance Indicators (KPIs)

- Procurement cost savings.
- On-time material availability.
- Supplier quality and delivery performance.
- Inventory optimization.
- Reduction in urgent and unplanned purchases.
- Purchase order accuracy and compliance.

Preferred Candidate
A proactive professional with solid pharmaceutical procurement experience, excellent supplier relationships, commercial awareness, and the ability to ensure uninterrupted material availability for manufacturing operations.

📌 Sr. Executive - Purchase (Hyderabad)
🏢 Mars Therapeutics
📍 Hyderabad

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