Job Summary:
We are seeking an experience and dynamic Specialist - Strategic Procurement for Global Procurement of Pharmaceutical Excipients and managing the Alternate Vendor Development & Derisking initiatives for Excipients category. You will be responsible for floating enquires/RFI's, holding price negotiations, creating Contracts, driving strategic initiatives, engaging with stakeholders, developing & executing dual-sourcing plans, managing suppliers relationship & monitoring overall performance of the suppliers, coordinating Vendor Development activities, and act as a liaison between internal and external stakeholders to drive business objectives.
Key Responsibilities:
- Responsible for Strategic Procurement of Pharmaceutical Excipients globally on end-to-end basis for GMO (Global Generics).
- Managing the Alternate Vendor Development (AVD) & Derisking initiatives, and handling the new product launch procurement process for Excipients category.
- Handling the Source identification, Selection and Vendor development process, initiating RFI's/RFQ's, Price negotiations, Supply agreements, Quality agreements and facilitating Vendor audits/re-qualification process as per annual business plans/calendar.
- Liaison & Coordinating with all CFT teams - Supply Chain, Planning, FTL, Mfg., IPDO, RA, QC/QA, IPM etc to ensure availability of materials & Full-kitting on monthly basis for all commercial products/AVD/Launch/post-launch supplies in-line with organisation Business Plans/Strategy.
- Managing the new launch preparedness, validating supplier readiness incl. its capacities & regulatory status, identifying the demand-supply gaps and expediting the deliveries/shipments/orders to ensure on-time launches.
- Supporting Category Lead in analysing market changes that determines product availability, pricing conditions, demand-supply gaps etc and tracking such changes that effects product availability/lead-times & key indices affecting API prices.
- Vendor Management - Arranging Vendor audits, resolving rejection/technical issues, CAPA's, Payment issues and tracking its regulatory/quality compliances, Import license etc
- Active involvement in identification & selection of potential projects to deliver cost-reduction plans, OE objectives/Targets and De-Risking activities by analysing the current & future business needs, market price challenges, and taking necessary initiatives thru CFT's for its execution & completion. Prepare business cases for project approvals and defining timelines.
The ideal candidate should have a B.Tech, B Pharm, or MSc degree, and an MBA is preferred, especially with a specialization in Supply Chain or Operations. The candidate should also have a minimum of five to seven years of relevant experience in Supply Chain, Sourcing, or Vendor Management.
