Associate Manager Procurement - Raw Material

Job Summary:

The incumbent will be responsible to ensure timely, cost-effective procurement of raw materials through efficient conversion of Purchase Requisitions (PR) into Purchase Orders (PO), proactive logistics follow-up, market intelligence analysis, financial coordination, and effective handling of insurance claims.

Job Responsibilities:

• Monitor raw material market trends, pricing fluctuations, and supplier performance, and collect and analyze market data to support cost optimization and strategic sourcing.
• Provide regular market intelligence reports to management.
• Convert approved Purchase Requisitions (PR) into Purchase Orders (PO)
• Source raw materials from approved vendors ensuring quality, cost competitiveness, and delivery timelines.
• Negotiate prices, delivery schedules, and commercial terms with suppliers, and coordinate with suppliers, and logistics partners to ensure on-time material delivery.
• Track shipments and proactively follow up to avoid delays or shortages, and resolve logistics-related issues including delays, damages, or shortages.
• Work closely with the Finance team for invoice verification, payment processing, and reconciliation.
• Ensure accurate documentation for procurement, logistics, and statutory compliance.
• Support audits by providing procurement and logistics records, and handle insurance claims related to transit loss, damage, or shortages.
• Coordinate with insurers, surveyors, and internal teams to ensure timely claim settlement, and maintain proper claim documentation and follow up until closure.

Key Requirements:

• an MBA degree
• a minimum of 7-12 years of relevant work experience
• Required Pharmaceutical Experience - RM, and expertise in SAP and Excel