Glenmark Pharmaceuticals - General Manager - API & Excipients (10-16 yrs)

Responsibilities:

- Conduct in-depth research on the API/Excipients marketplace, identifying emerging trends, potential suppliers, quality standards, and regulatory compliance and competitive pricing structures to inform sourcing strategy.

- Driving cost reduction targets across Geographies to meet the PPV Saving nos.

- Devising Best in Class Procurement Strategy for shortlisting Products for Short term and long term contracts.

- Collaborate with internal stakeholders to understand specific API/Excipients/ RLD needs, including functionality, security requirements, performance metrics, and integration points.

- Develop criteria for evaluating potential API / Excipients providers based on technical capabilities, pricing models, service level agreements (SLAs), reputation, and compliance standards.

- Design a comprehensive sourcing strategy, including vendor shortlisting, request for proposals (RFPs), negotiation tactics, and contract terms to achieve optimal value.

- Establish and maintain strong partnerships with key API / Excipients providers, monitoring performance, addressing issues, and driving continuous improvement.

- Identify cost-saving opportunities through supplier consolidation, contract renegotiations, price negotiations, value engineering initiatives and exploring alternative API / Excipients solutions. Engaging into Negotiations for all Class A vendors in partnership with commercial team for Materials contributing 60% of total Spend across API and Excipient Category.

- Assess potential risks associated with API dependencies, including vendor lock-in, data security, and compliance issues, and implement mitigation strategies.

- Identifying Products for COGS improvement and accordingly Prioritizing / Managing the Grid for 2 years.

- Ensure all sourced excipients meet the company's quality standards and regulatory requirements, including thorough quality control testing and documentation + Regulatory Guidelines

- Evaluate potential suppliers through detailed due diligence processes, including site audits, quality reviews, and technical assessments to ensure they meet required standards

- Responsible for providing insights to product portfolio, strategy, M & A and.Business teams

- Build a highly motivated and result oriented team to Meet Goals and Objectives as outlined by Global Procurement Head.

- Supporting RND for all new Developments, identifying right partners, ensuring timely availability of API/ Exp/ RLDs , Regulatory Support for Filing, on time Deficiency response from the vendors, On time

Launch.

- Monitoring there are no changes at Vendors end impacting the Launch date, Vendor credential, upcoming audits and respective outcome.

- Any risk related to filing/ Lauch to be escalated immediately.

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