Purchase Manager

Job Title: Purchase Executive Pharma Formulations/API
Location: Brindavan Phosphates Pvt Ltd, Panoli, Gujarat-394116
Department: Procurement
Reports To: Director/CEO

Job Overview:
We are looking for a highly skilled and experienced Purchase Manager to join our procurement team in the pharmaceutical industry. The ideal candidate will have 8-10 years of experience in purchasing for pharma formulations and/or API (Active Pharmaceutical Ingredients). This role is crucial in managing the timely and cost-effective procurement of materials to support production and ensure smooth operations across the supply chain.

Key Responsibilities:

• Material Procurement:
• Handle the procurement of raw materials, excipients, packaging materials, and API for pharmaceutical formulations.
• Ensure that material requirements are met in a timely manner to support production schedules and avoid stockouts.
• Coordinate with suppliers to ensure accurate delivery timelines and order quantities.
• Supplier Coordination:
• Build and maintain relationships with key suppliers, ensuring consistent product quality, timely delivery, and competitive pricing.
• Obtain quotations, compare prices, and negotiate terms with vendors to secure the best deals.
• Resolve any issues related to delays, discrepancies, or quality concerns with suppliers.
• Order Management:
• Create and track purchase orders (POs) and ensure all documentation is complete and accurate.
• Monitor open orders, follow up on delivery status, and ensure timely receipt of materials.
• Communicate with the warehouse team to verify that materials are stored properly upon receipt.
• Inventory & Stock Control:
• Work with the warehouse team to ensure proper inventory levels and timely replenishment of stock.
• Track and maintain an optimal level of inventory, ensuring that there are no shortages or overstock situations.
• Monitor material usage and forecast future purchasing needs based on production requirements.
• Compliance & Documentation:
• Ensure all purchasing activities comply with pharmaceutical industry regulations and internal company policies.
• Maintain accurate records of purchase orders, supplier invoices, and relevant documentation.
• Assist with import/export documentation and ensure compliance with customs and regulatory standards.
• Cost Management:
• Assist in identifying cost-saving opportunities and process improvements within the procurement function.
• Track and manage the purchasing budget and report any discrepancies or deviations.
• Support the negotiation of pricing and payment terms to help meet cost-efficiency targets.

Qualifications & Skills:

• Education:
• Bachelor’s degree in Commerce, Science, or a related field. A Master’s degree or certification in Supply Chain Management would be a plus.
• Experience:
• 8-10 years of experience in purchasing within the pharmaceutical formulations and/or API sector.
• In-depth knowledge of pharmaceutical materials, supplier management, and procurement processes.
• Strong understanding of regulatory requirements in the pharma industry.
• Experience with ERP systems and procurement software.
• Skills:
• Strong negotiation and communication skills.
• Attention to detail and strong organizational abilities.
• Proficiency in Microsoft Office, especially Excel.
• Ability to handle multiple tasks and prioritize effectively in a fast-paced environment.
• Knowledge of import/export processes and international suppliers is a plus.

CTC:

• 7-9 Lacs per annum, based on experience and qualifications.

What We Offer:

• Competitive salary and benefits package.
• Opportunity to work with a pharmaceutical organization.
• Career growth and professional development opportunities.
• Supportive and collaborative work environment.