Pharmaceutical Procurement Manager

Pharmaceutical Procurement Manager

Job Duties & Responsibilities

1. Strategic Procurement Planning

· Develop and implement procurement strategies aligned with company goals.

· Forecast purchasing needs based on production plans and demand.

· Identify cost-saving opportunities and improve procurement efficiency.

2. Supplier Sourcing & Management

· Identify, evaluate, and onboard reliable suppliers.

· Build and maintain strong supplier relationships.

· Conduct supplier audits and performance evaluations.

3. Negotiation & Contract Management

· Negotiate pricing, payment terms, and contracts.

· Draft and manage supplier agreements.

· Ensure compliance with legal and company policies.

4. Purchase Operations

· Oversee purchase orders and approvals.

· Ensure timely procurement of materials and goods.

· Coordinate with warehouse and production teams.

5. Cost Control & Budgeting

· Monitor procurement budgets and control spending.

· Analyze market trends and pricing.

· Implement cost reduction strategies.

6. Inventory Coordination

· Maintain optimal stock levels.

· Avoid overstocking and shortages.

· Implement inventory control systems.

7. Compliance & Risk Management

· Ensure procurement compliance with regulations.

· Identify supply risks and develop contingency plans.

· Maintain documentation for audits.

8. Cross-Department Coordination

· Collaborate with production, finance, and logistics teams.

· Align procurement with operational planning.

· Support new product development sourcing.

9. Data Analysis & Reporting

· Track procurement KPIs.

· Prepare reports for management.

· Use ERP systems for tracking.

10. Team Leadership

· Lead and train procurement staff.

· Set performance goals.

· Drive continuous improvement.

Job Type: Full-time

Pay: Rs60,000.00 - Rs70,000.00 per month

Work Location: In person