- Develop and implementstrategic sourcing plansfor APIs, excipients, packaging materials, and indirect procurement categories.
- Identify, evaluate, andonboard new suppliersin alignment with quality, regulatory, and compliance requirements.
- Monitorglobal market trends for pharmaceutical raw materialsand proactively manage potential supply risks.
- Conductsupplier negotiationsto achieve cost savings and secure favorable commercial and contractual terms.
- Build and maintainlong-term relationships with approved vendorsto ensure reliable supply and collaboration.
- Track and evaluatesupplier performancebased on key metrics such as quality, cost, delivery, and regulatory compliance.
- Performcost analysisand identify cost reduction opportunities through strategic sourcing, alternative suppliers, and process improvements.
- Ensure procurement activitiesalign with company cost targets, budgets, and financial objectives.
- Ensuretimely procurement of materialsto support manufacturing schedules and prevent production disruptions.
- Managecontracts, purchase agreements, and supplier documentationin compliance with company policies.
- Identify and mitigatesupply risks, including single-source dependencies, market volatility, and geopolitical disruptions.
Qualification:- Any Graduate & MBA in SCM