Purchase Executive

Job Summary. The Purchase Executive in Promea plays a crucial role in managing the procurement process and ensuring the timely and cost-effective sourcing of materials, equipment, and services. They will collaborate with suppliers, negotiate contracts, and maintain optimal inventory levels to support Promea operational needs. Key Responsibilities.

Identify reliable suppliers, evaluate their capabilities, and negotiate favorable terms and pricing agreements. Prepare and issue purchase orders based on approved requisitions, ensuring accuracy and compliance with procurement policies and procedures. Collaborate with internal stakeholders, including production, quality assurance, and finance, to understand their procurement requirements and specifications. Monitor market trends, conduct supplier assessments, and stay updated with industry developments to identify potential cost savings and sourcing opportunities.

Maintain strong relationships with suppliers, resolve any issues or disputes, and conduct periodic supplier performance evaluations. Ensure timely delivery of materials and services, coordinating with suppliers and internal teams to address any delays or discrepancies. Track and manage procurement budgets, ensuring cost control and adherence to approved spending limits. Monitor inventory levels, lead times, and consumption patterns to optimize inventory management and minimize stockouts or excess inventory.

Implement and maintain effective procurement documentation, including purchase orders, contracts, supplier agreements, and price lists. Stay updated with regulatory requirements related to procurement and maintain compliance with applicable regulations, such as Good Manufacturing Practices (GMP) and Good Documentation Practices (GDP). Collaborate with cross-functional teams to support new product launches, product changes, and supplier qualification processes. Evaluate and assess supplier performance, quality, and delivery reliability, and implement improvement initiatives as needed.

Continuously seek opportunities for process improvement, cost optimization, and efficiency gains in the procurement function. Maintain accurate procurement records, including pricing information, supplier contracts, and performance metrics. Qualifications And Skills. Bachelor's degree in Supply Chain Management, Business Administration, or a related field.

Minimum of 3-5 years of experience in procurement or purchasing, preferably in the pharmaceutical or healthcare industry. Strong knowledge of procurement principles, practices, and regulations within the pharmaceutical sector. Familiarity with Good Manufacturing Practices (GMP) and regulatory requirements related to pharmaceutical procurement. Proven negotiation skills and ability to build effective supplier relationships.

Excellent communication and interpersonal skills, with the ability to collaborate and interact with internal stakeholders and suppliers. Strong analytical and problem-solving abilities, with attention to detail and the ability to analyze procurement data and trends. Proficiency in using procurement software, enterprise resource planning (ERP) systems, and Microsoft Office Suite. Knowledge of pharmaceutical product categories, specifications, and quality requirements is preferred.

Understanding of contract management and legal aspects related to procurement. Ability to multitask, prioritize workload, and meet deadlines in a fast-paced and dynamic environment. Show more Show less