Job Description

Role & responsibilities This role is responsible for sourcing, negotiating, and ensuring a steady supply of high-quality raw materials. The role involves vendor management, cost optimization, compliance with regulatory standards, and coordination with internal teams to meet production requirements. Key Responsibilities: 1. Procurement Strategy & Planning: Develop and implement procurement strategies for raw materials. Forecast material requirements based on production schedules and market trends. Optimize inventory levels to prevent shortages or excess stock. 2. Vendor Management & Sourcing: Identify, evaluate, and onboard reliable suppliers for raw materials (APIs ,excipients) Negotiate pricing, contracts, and payment terms with suppliers. 3. Quality & Compliance Ensure all procured materials meet quality standards and regulatory requirements Work closely with QA and regulatory teams to ensure supplier qualifications and material specifications. 4. Cost Optimization & Budgeting Analyze market trends to ensure cost-effective procurement. Identify cost-saving opportunities without compromising quality. Monitor and control procurement budgets. 5. Coordination & Cross-functional Support Collaborate with R&D, production, QA/QC, and logistics teams to ensure smooth operations. Address and resolve supply chain disruptions proactively. Manage purchase order processing and supplier payments in coordination with finance. 6. Reporting & MIS Maintain purchase records, supplier performance data, and price trends. Generate periodic reports on procurement performance, cost savings, and risk analysis. Preferred candidate profile Strong knowledge of Raw materials (APIs, excipients & Flavours). Excellent negotiation and vendor management skills. Understanding of GMP, regulatory, and quality compliance requirements. Analytical skills for cost control and inventory management. Proficiency in ERP/SAP and procurement software. Strong communication and problem-solving abilities. Perks and benefits