Formulation Outsourcing Manager

Job Title: Formulation Outsourcing Manager : JD 

Position Overview:
The Formulation Outsourcing  CANDIDATE  will be responsible for managing third-party manufacturing (TPM) partners for various formulation products  P2 P , L/L (solid, semi-solid, liquid, injectable, FFS, IV). This role requires strong negotiation skills, cost management expertise, and the ability to optimize outsourcing strategies for quality, cost-effectiveness, and on-time delivery.

Key Responsibilities:

• Outsourcing Coordination: Identify and evaluate TPMs, maintain relationships, and manage end-to-end outsourcing processes (formulation, packaging, delivery).
• Cost Management: Develop cost-effective outsourcing models, negotiate pricing, and conduct cost analysis to ensure profitability.
• Quality & Compliance: Ensure TPMs comply with quality standards and regulations, and audit facilities when needed.
• Logistics & Supply Chain: Monitor job work site supply and resolve issues, ensuring efficient and timely product delivery.
• Contract Management: Draft and review outsourcing contracts, ensuring clarity and compliance.
• Market Research: Stay updated on market trends and benchmark pricing and quality performance.
• Stakeholder Communication: Provide regular updates to internal stakeholders (R&D, Procurement, QA) and ensure alignment.

Required Skills & Qualifications:

• Bachelors degree in Pharmacy, Chemistry, or related field
  
• 5+ years of experience in outsourcing, supply chain, or formulation industries (pharmaceuticals, nutraceuticals, FMCG).
• Strong negotiation, cost management, and supplier relationship management skills.
• In-depth knowledge of formulation processes and outsourcing operations.
• Excellent communication and interpersonal skills.

Key Result Areas (KRA):

• Outsourcing Performance: Successful outsourcing agreements executed on time and within budget; reduction in outsourcing costs while maintaining quality.
• Cost Savings: Achieve cost reductions through negotiations and process improvements.
• Timeliness: Maintain a 95%+ on-time delivery rate and reduce lead times.
• Supplier Relationship: Strong supplier relationships, with fewer supplier-related issues.
• Quality & Compliance: Consistent product quality and zero non-compliance during audits.
• Financial Impact: Achieve savings through effective cost negotiations and improve division profitability.
• Stakeholder Satisfaction: High satisfaction from internal teams with timely and effective communication.Role & responsibilities

Preferred candidate profile

Perks and benefits