Purchase Officer

We are seeking an experienced Senior Procurement Executive to manage and optimize our purchasing operations, specifically in the pharmaceutical industry. The ideal candidate will have excellent negotiation skills, a deep understanding of procurement processes, and the ability to manage vendor relationships effectively. Proficiency in Hindi and English is essential for this role.

Key Responsibilities:

• Negotiate with vendors for goods and services, ensuring the best possible prices and service guarantees.
• Establish and enforce purchasing policies to ensure compliance with company and regulatory standards.
• Administer the corporate purchasing card program (e.g., American Express).
• Identify and develop new supply sources to address vendor inadequacies.
• Review and evaluate bids, awarding contracts based on cost-effectiveness and quality.
• Establish account/credit terms and negotiate blanket purchase orders as required, monitoring costs during the agreement period.
• Ensure adherence to Investment Budget rules and track all DADs (Delegation of Authority Documents) to maintain compliance.
• Verify requisitions for proper approvals and accurate account numbers.
• Collaborate with the receiving department to confirm that ordered supplies are delivered as per specifications.
• Trace and resolve issues related to delayed or incomplete purchase orders.

Required Experience, Skills, and Qualifications:

• Proven experience in procurement, preferably within the pharmaceutical industry.
• Strong negotiation skills and the ability to establish and maintain vendor relationships.
• Proficiency in Hindi and English (both verbal and written).
• Knowledge of procurement regulations and compliance standards.
• Excellent organizational skills with attention to detail.
• Ability to handle multiple tasks and meet deadlines.

Preferred Qualifications:

• Prior experience managing procurement for pharmaceutical operations.
• Familiarity with inventory management systems and tools.
• Strong problem-solving skills to resolve vendor or supply chain issues effectively.