Qureos Mentor

Mark Maker Pharma Engineering PVT.LTD

Objective: We are looking for a Purchase Executive who will be responsible for managing the complete inventory and raw material handling process. The ideal candidate should have a keen eye for detail, strong organizational skills, and the ability to maintain accurate records while ensuring a smooth flow of materials throughout the storage and production processes.Role &amp; Responsibilities:<ul><li>Procurement Management:</li></ul>&middot; Oversee the procurement of raw materials, components, and finished goods required for the manufacturing of processing and packaging equipment.&middot; Develop and implement procurement strategies to optimize costs, maintain quality standards, and ensure timely delivery.&middot; Analyse and negotiate contracts with suppliers to secure favourable terms and long-term partnerships.<ul><li>Vendor Management:</li></ul>&middot; Identify, assess, and on-board new suppliers while maintaining strong relationships with existing vendors.&middot; Conduct regular vendor evaluations based on quality, cost, delivery timelines, and compliance.&middot; Resolve any supplier-related issues or disputes to ensure uninterrupted supply chain operations.<ul><li>Inventory Control &amp; Management:</li></ul>&middot; Monitor inventory levels to ensure optimal stock levels, reducing excess inventory and preventing shortages.&middot; Collaborate with the production and warehouse teams to forecast demand and manage inventory turnover.&middot; Implement inventory management practices to reduce costs and improve operational efficiency.<ul><li>Cost Optimization:</li></ul>&middot; Work towards reducing purchase costs through effective negotiation and sourcing strategies.&middot; Analyse market trends, price fluctuations, and product availability to make informed purchasing decisions.&middot; Continuously evaluate cost-saving opportunities while maintaining quality and compliance standards.<ul><li>Quality Assurance &amp; Compliance:</li></ul>&middot; Ensure all purchased materials meet the quality standards and specifications required for the manufacturing processes.&middot; Collaborate with the quality assurance team to conduct regular inspections and audits of supplier facilities.&middot; Maintain compliance with industry regulations and company policies related to procurement.<ul><li>Purchase Planning &amp; Reporting:</li></ul>&middot; Develop and maintain purchase plans and budgets to align with production schedules and project requirements.&middot; Prepare regular reports on purchase orders, vendor performance, inventory status, and cost analysis for management review.&middot; Use ERP systems to manage purchase orders, track shipments, and ensure accurate record-keeping.<ul><li>Collaboration &amp; Communication:</li></ul>&middot; Work closely with the production, engineering, and finance teams to ensure timely availability of materials for ongoing projects.&middot; Coordinate with suppliers for delivery schedules, shipment tracking, and order modifications.&middot; Build and maintain effective communication channels with internal stakeholders to understand their requirements and provide procurement support.Qualifications &amp; Skills:<ul><li>Education: Bachelor's degree</li><li>Experience: 2-10 years of experience in the purchase/procurement department, preferably in manufacturing or engineering industries.</li><li>Technical Knowledge: Strong understanding of equipment used in the pharmaceutical, API, bulk drugs, nutraceutical, chemical, food, and cosmetics industry.</li><li>Negotiation Skills: Proven ability to negotiate contracts and manage supplier relationships effectively.</li><li>Analytical Skills: Ability to analyse market trends, pricing, and supplier performance to make data-driven decisions.</li><li>Software Proficiency: Familiarity with ERP systems, Microsoft Excel, and other procurement management software.</li><li>Communication Skills: Good verbal and written communication skills for effective coordination with QC, production, and purchase teams.</li><li>Skills: Strong knowledge of inventory management software (MS Office, Tally, excellent organizational skills, and ability to work under pressure.</li></ul>Other Benefits: &middot; Work Location: Vasai (East), with bus facility available from Vasai Station for easy commuting.&middot; As facilities will be start after one year. (i.e. Bonus, Holidays etc.)Job Type: Full-timePay: &#8377;20,000.00 - &#8377;40,000.00 per monthWork Location: In person

Senior Purchase Executive

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Mark Maker Pharma Engineering PVT.LTD

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Senior Purchase Executive