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15 Alkem Laboratories Jobs

Manager - Procurement of Finished formulation

6-8 years

Navi Mumbai

1 vacancy

Manager - Procurement of Finished formulation

Alkem Laboratories

posted 1d ago

Job Role Insights

Flexible timing

Key skills for the job

Job Description


Essential Duties and Responsibilities:


  • Souring, Procurement and Supplier management of Finished Formulation from Third party

partners on P2P along with basic understanding for LL

  • Negotiate pricing, payment terms, and contracts to ensure cost efficiency while maintaining quality standards
  • Oversee third-party purchase agreements and ensure timely order fulfillment
  • Spearhead partner sites for contract manufacturing on end to end basis
  • Work closely with QA and regulatory teams to ensure sourced materials meet pharmaceutical compliance standards
  • Collaborate with production, planning, inventory, and logistics teams for smooth supply chain operations
  • Monitor market trends, supplier pricing, and industry developments to make informed procurement decisions
  • Analyze procurement costs and identify opportunities for cost reduction
  • Ensure cost-effective sourcing without compromising on quality and regulatory compliance
  • Ensure strict compliance to procurement policies and procedure
  • Supplier performance management monitoring and execute improvement plans
  • Ensure that supplier meets defined requirements, goals and target.
  • Establish supplier improvement targets in cost, quality, OTIF delivery
  • Procurement and supplier risk mitigation

Education background: Pharmacy Graduate (B. Pharm / M. Pharm)


Experience: Must have at least 6 years of hands-on experience in managing third-party commercials and negotiations in the generic business for the domestic market.



Employment Type: Full Time, Permanent

Read full job description

Prepare for Procurement Manager roles with real interview advice

Top Alkem Laboratories Procurement Manager Interview Questions

Q1. How you will be achieving target if their is no sales previously...but you have to achieve target
Q2. Do you know how many system in our body?
Q3. Ok you look 3 lack and 30 oack what choice you
View all 113 questions

What people at Alkem Laboratories are saying

Procurement Manager salary at Alkem Laboratories

reported by 3 employees with 12-14 years exp.
₹11 L/yr - ₹18.5 L/yr
At par with the average Procurement Manager Salary in India
View more details

What Alkem Laboratories employees are saying about work life

based on 2.9k employees
53%
67%
39%
96%
Flexible timing
Monday to Saturday
Within city
Day Shift
View more insights

Alkem Laboratories Benefits

Health Insurance
Job Training
Free Transport
Soft Skill Training
Cafeteria
Child care +6 more
View more benefits

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