Purchase / Procurement Specialist

As a Purchase/Procurement Specialist in the Purchase department, your role involves managing the procurement of pharmaceutical products based on forecasts and inventory needs. You will be responsible for placing and tracking orders to ensure accurate and timely deliveries. Additionally, you will approve purchase requisitions from various departments.

Key Responsibilities:

• Manage the procurement of pharmaceutical products based on forecasts and inventory needs.
• Place and track orders, ensuring accurate and timely deliveries.
• Approve purchase requisitions from departments.

As a Purchase/Procurement Specialist, you will also be required to build and maintain relationships with suppliers to secure favorable terms. Your role includes negotiating pricing, delivery terms, and addressing any supplier issues that may arise.

Key Responsibilities:

• Build and maintain relationships with suppliers to secure favorable terms.
• Negotiate pricing, delivery terms, and address supplier issues.

In the aspect of Inventory Management, you will be responsible for monitoring stock levels, initiating orders to avoid shortages or excess, and working with inventory teams to maintain optimal stock levels and expiration management.

Key Responsibilities:

• Monitor stock levels and initiate orders to avoid shortages/excess.
• Work with inventory teams to maintain optimal stock levels and expiration management.

Ensuring Compliance & Regulatory Adherence is crucial in your role. You will be required to ensure that purchased products comply with GMP, FDA, and other regulations. Maintaining accurate purchase records in accordance with legal requirements is also part of your responsibilities.

Key Responsibilities:

• Ensure purchased products comply with GMP, FDA, and other regulations.
• Maintain accurate purchase records in line with legal requirements.

Market Research & Analysis play a significant role in your job. Staying updated on market trends, pricing, and new developments is essential. You will need to identify cost-saving opportunities and evaluate supplier performance regularly.

Key Responsibilities:

• Stay updated on market trends, pricing, and new developments.
• Identify cost-saving opportunities and evaluate supplier performance.

Documentation & Reporting are important aspects of your role. You will be responsible for maintaining purchase order records and submitting regular reports on purchasing activities. Collaborating cross-functionally with sales, marketing, and logistics teams is also a requirement to ensure timely product availability.

Key Responsibilities:

• Maintain purchase order records and submit regular reports on purchasing activities.
• Work with sales, marketing, and logistics to ensure timely product availability.

Qualifications Required:

• B.Pharma/ D.Pharma or B.Sc/ M.Sc
• Strong negotiation and vendor management skills
• Analytical abilities to assess trends and cost-saving opportunities
• Knowledge of pharmaceutical products and regulatory requirements
• Proficient in procurement software and Microsoft Excel

Experience Required:

• At least 5-8 years of relevant experience in procurement, with experience in negotiating contracts, managing vendors, and handling procurement.
• Previous experience in procurement, supply chain, or inventory management within the pharmaceutical or healthcare industry is highly advantageous. As a Purchase/Procurement Specialist in the Purchase department, your role involves managing the procurement of pharmaceutical products based on forecasts and inventory needs. You will be responsible for placing and tracking orders to ensure accurate and timely deliveries. Additionally, you will approve purchase requisitions from various departments.

Key Responsibilities:

• Manage the procurement of pharmaceutical products based on forecasts and inventory needs.
• Place and track orders, ensuring accurate and timely deliveries.
• Approve purchase requisitions from departments.

As a Purchase/Procurement Specialist, you will also be required to build and maintain relationships with suppliers to secure favorable terms. Your role includes negotiating pricing, delivery terms, and addressing any supplier issues that may arise.

Key Responsibilities:

• Build and maintain relationships with suppliers to secure favorable terms.
• Negotiate pricing, delivery terms, and address supplier issues.

In the aspect of Inventory Management, you will be responsible for monitoring stock levels, initiating orders to avoid shortages or excess, and working with inventory teams to maintain optimal stock levels and expiration management.

Key Responsibilities:

• Monitor stock levels and initiate orders to avoid shortages/excess.
• Work with inventory teams to maintain optimal stock levels and expiration management.

Ensuring Compliance & Regulatory Adherence is crucial in your role. You will be required to ensure that purchased products comply with GMP, FDA, and other regulations. Maintaining acc