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VEA IMPEX (I) PVT LTD

Procurement Executive

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Job Description

Job Title: Procurement Executive / Manager Third-Party Manufacturing (Pharmaceutical Formulations)

Department: Procurement / Supply Chain

Reports To: Head Procurement / Director Operations

Role Purpose

To identify, evaluate, negotiate, and manage third-party manufacturers for pharmaceutical formulations while ensuring competitive pricing, regulatory compliance, and timely delivery of finished products.

Detailed Responsibilities

A. Third-Party Manufacturer Development

  • Identify new manufacturers for Tablets, Capsules, Powders, Syrups, Ointments, Injectables, etc.
  • Assess and qualify vendors based on capacity, regulatory approvals, and quality standards.
  • Build strong relationships to ensure long-term partnerships.

B. Quotation & Cost Management

  • Float RFQs and maintain comparative statements.
  • Analyze costing elements (API, excipients, packaging, conversion cost).
  • Maintain price masters for all products.

C. Negotiation

  • Negotiate pricing, payment terms, delivery schedules, and contracts.
  • Ensure competitive rates without compromising on quality.

D. Artwork & Packaging Coordination

  • Coordinate with internal teams for artwork creation and changes.
  • Ensure final artworks meet regulatory requirements for domestic/export markets.
  • Approve PM (packaging material) specifications and proofs.

E. Regulatory & Document Verification

  • Verify COA, COPP, stability studies, CTD/ACTD dossiers, GMP Certificates, and product permissions.
  • Ensure all documents are updated and filed for audits & submissions.

F. Vendor Management

  • Create and maintain a robust vendor database.
  • Conduct periodic vendor performance reviews (QCD Quality, Cost & Delivery).
  • Resolve vendor disputes and communication gaps.

G. Production, Dispatch & Delivery Monitoring

  • Track order status, production stages, quality clearance, and dispatch timelines.
  • Coordinate with logistics and QA teams for documentation and shipping.
  • Report delays proactively and implement corrective actions.

H. Internal Coordination

  • Work closely with QA, RA, Production, Finance, and Marketing/Export teams.
  • Support new product development activities with sourcing inputs.

Required Qualifications & Skills

  • B.Pharm / M.Pharm / B.Sc. / M.Sc.
  • 27 years experience in Third-Party Manufacturing / Procurement (Pharma).
  • Strong understanding of formulation manufacturing processes.
  • Excellent negotiation & communication skills.
  • Knowledge of artwork, packaging, and regulatory documentation.
  • Proficiency in Excel & ERP/SAP systems.

Behavioural Competencies

  • Detail-oriented and process-driven.
  • Strong analytical & costing skills.
  • Proactive and deadline-focused.
  • Relationship-builder with vendors.
  • High level of integrity & confidentiality.

More Info

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About Company

Job ID: 144522157

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