Purchase Manager for a leading Pharma company
MM Staffing & Career Consultants
- Pune, Maharashtra
- Permanent
- Full-time
- 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- Strong 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.
- Strong 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 formulations purchasing.