Designation: Procurement Executive (Designation may vary based on experience)
Experience: 4+Years (Preferred)

Job Overview

We are seeking a proactive and detail-oriented Procurement Executive to manage the procurement of APIs (Active Pharmaceutical Ingredients) and excipients required for formulation manufacturing operations.

The ideal candidate should possess strong expertise in pharmaceutical sourcing, vendor management, procurement planning, and supplier negotiations. The role requires close coordination with cross-functional teams to ensure uninterrupted material availability while maintaining cost efficiency, quality standards, and regulatory compliance.

Key Responsibilities

Procurement & Sourcing

• Procure APIs and excipients required for formulation manufacturing plants.
• Source materials from approved and qualified vendors.
• Ensure timely procurement to support production schedules and business requirements.
• Monitor market trends and supplier performance to optimize purchasing decisions.

Vendor Management

• Identify, evaluate, and onboard new suppliers.
• Develop and maintain strong relationships with existing vendors.
• Negotiate pricing, delivery schedules, payment terms, and commercial agreements.
• Conduct supplier performance reviews and support vendor qualification processes.

Cross-Functional Coordination

• Collaborate with:
  • QA (Quality Assurance)
  • QC (Quality Control)
  • Production
  • R&D
  • Supply Chain teams
• Ensure procurement activities align with manufacturing and project timelines.
• Support new product development and material sourcing requirements.

Compliance & Documentation

• Ensure procurement activities comply with:
  • GMP guidelines
  • Regulatory requirements
  • Internal quality standards
• Maintain procurement records, vendor documentation, and purchase-related reports.
• Support audits and regulatory inspections as required.

Cost Optimization & Inventory Support

• Drive cost-saving initiatives through effective sourcing and negotiation strategies.
• Monitor inventory levels and material requirements to prevent stock shortages.
• Support demand planning and procurement forecasting activities.

Required Qualifications

• Bachelor’s Degree in:
  • Pharmacy (B.Pharm / M.Pharm)
  • Life Sciences
  • Chemistry
  • Related Science disciplines

Required Experience

• Experience in procurement of:
  • APIs (Active Pharmaceutical Ingredients)
  • Excipients
  • Pharmaceutical raw materials
• Exposure to formulation manufacturing environments preferred.
• Strong understanding of pharmaceutical procurement processes and supplier management.

Key Skills & Competencies

• API & Excipients Procurement
• Vendor Development & Management
• Supplier Negotiation
• Pharmaceutical Sourcing
• GMP Compliance
• Inventory Planning
• Cost Optimization
• Cross-Functional Coordination
• Communication & Stakeholder Management

Why Join Us?

• Opportunity to work with a growing pharmaceutical organization.
• Exposure to strategic procurement and supplier management activities.
• Collaborative work environment with cross-functional exposure.
• Career growth opportunities within pharmaceutical supply chain and procurement functions.