12 - 20 years
15.0 - 27.5 Lacs P.A.
Hyderabad
Posted:2 months ago| Platform:
Work from Office
Full Time
Role & responsibilities I. Develop and implement sourcing and procurement strategies for direct materials, ensuring compliance with quality and regulatory standards. II. Identify, evaluate, and onboard right manufacturers / suppliers, and oversee the vendor qualification process. III. Negotiate with suppliers to secure favourable terms, including pricing, delivery schedules, and quality standards. IV. Collaborate with internal teams (R&D, Quality, Packaging Development, Project Management & regulatory affairs) to understand sourcing needs and specifications. V. Monitor supplier performance through evaluations and audits to ensure compliance with contracts and quality standards. VI. Identify and implement cost-saving initiatives, supply continuity agreements, and alternate vendor development, for high-volume products. Utilize data, analytics and market benchmarks, to drive strategic sourcing decisions, measures performance and report on key metrics. Preferred candidate profile Minimum of 12+ years of experience in strategic sourcing / procurement within the pharmaceutical industry, with a focus on APIs, primary packing materials, excipients, impurities, RLDs, and related materials for Formulations to regulated markets. * Strong knowledge of pharmaceutical R&D projects sourcing and procurement processes, regulations, and industrys best practices. * Proven experience in contract negotiation, supplier management, and cost optimization * Ability to manage multiple priorities in a fast-paced environment. * Excellent communication and interpersonal skills, with the ability to collaborate across teams. * High integrity, professionalism, and ethical conduct. Perks and benefits
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