Purchasing Executive

Vadodara, Gujarat
Rs. 4,50,000 per year
Permanent
Full-time

2 months ago

Company OverviewSri Sai Overseas Recruitments is a leading Manpower Recruitment & Consultancy Service provider established in 2019. Managed by professionals with extensive work experience in the Middle East, Sri Sai specializes in global recruitment for various sectors. With expertise in the rules and regulations of Gulf countries, Sri Sai focuses on fulfilling client expectations across India, the Middle East, Europe, and beyond. Headquartered in Vadodara, the company prides itself on its professional approach and successful overseas recruitment strategies.Job OverviewWe are seeking a highly skilled Senior Purchasing Executive to join our team in Vadodara. This is a full-time position ideal for candidates with proficiency in pharmaceutical sourcing. The role will require managing procurement activities efficiently while ensuring cost-effectiveness and supplier relationship management. The successful candidate will have relevant experience and skills in supply chain and inventory management to contribute to the company's recruitment efforts in various global markets. The ideal candidate should possess 6 to 8 years of experience in the purchase of raw materials for pharmaceutical industries (API), both domestically and through imports from other countries. Additionally, experience in R&D-related small quantity raw material import from China and other countries is essential.Qualifications and Skills

Proficiency in pharmaceutical procurement processes and strategies (Mandatory skill).
Expertise in supplier relationship management, fostering long-term partnerships and ensuring quality standards.
Strong negotiation skills to secure favorable terms and conditions with suppliers.
Ability to conduct cost analysis to optimize procurement budgets and reduce overall expenses.
Experience in supply chain management, ensuring smooth logistics and effective resource allocation.
Competence in inventory management, maintaining optimal stock levels and minimizing wastage.
Familiarity with the latest advancements in Artificial Intelligence in Procurement (AIP) for enhanced decision-making.
Understanding of Research and Development processes and their impact on procurement strategies.

Roles and Responsibilities

Develop and implement procurement strategies tailored to the pharmaceutical industry and aligned with business goals.
Manage relationships with key suppliers to ensure timely delivery of goods and services while maintaining quality standards.
Negotiate contracts and agreements with suppliers, focusing on cost-effectiveness and favorable terms.
Conduct regular market research to identify new suppliers and ensure competitive pricing.
Monitor inventory levels, placing orders as necessary to prevent shortages while avoiding overstock.
Collaborate with the supply chain team to ensure efficient logistics and distribution processes.
Utilize advanced procurement technologies and tools to enhance operational efficiency and decision-making.
Work closely with other departments to align procurement activities with organizational objectives and compliance requirements.

Expertia AI Technologies

Apply Now