Position Overview: This position will be responsible for overseeing the procurement process of critical raw materials and key starting materials used in pharmaceutical production. This role involves strategic sourcing, managing supplier relationships, and ensuring compliance with regulatory requirements. It will also be tasked with preparing detailed reports, analyzing import and export data, and resolving regulatory queries related to procurement activities.
Key Responsibilities:
- Procurement Management:
- Develop and execute procurement strategies for critical raw materials and key starting materials.
- Source and select suppliers, negotiate contracts, and establish purchasing agreements.
- Ensure timely and cost-effective delivery of materials, while maintaining quality and compliance with industry standards.
- Monitor market trends and assess potential risks to adjust procurement strategies accordingly.
- Reporting and Analysis:
- Prepare and present weekly and monthly procurement reports, highlighting key metrics, performance indicators, and trends.
- Analyze import and export data to identify opportunities for cost savings, process improvements, and supply chain optimization.
- Track and report on inventory levels, supplier performance, and procurement activities.
- Regulatory Compliance:
- Address and resolve regulatory queries related to the procurement of raw materials and starting materials.
- Ensure all procurement practices comply with industry regulations, company policies, and quality standards.
- Collaborate with regulatory affairs and quality assurance teams to maintain up-to-date knowledge of relevant regulations.
- Supplier Relationship Management:
- Build and maintain strong relationships with key suppliers and stakeholders.
- Conduct regular supplier performance evaluations and address any issues or discrepancies.
- Implement strategies to enhance supplier performance and reliability.
- Cross-Functional Collaboration:
- Work closely with production, quality assurance, and R&D teams to understand material requirements and ensure alignment with production schedules.
- Provide support and guidance to internal teams regarding procurement processes and material specifications.
Qualifications:
- Bachelor’s degree in Supply Chain Management/Business Administration/Chemistry/ Pharmaceutical Sciences, or a related field.
- Minimum of 7-8 years of experience in procurement, with a focus on pharmaceutical raw materials and key starting materials.
- Strong knowledge of procurement processes, supply chain management, and regulatory requirements in the pharmaceutical industry.
- Proficiency in data analysis, report generation, and import/export documentation.
- Excellent negotiation, communication, and interpersonal skills.
- Ability to work independently and manage multiple priorities in a fast-paced