Candidates will be based at the Corporate Office of a reputed Pharma company in Mumbai and will play a key role in managing procurement operations for Raw Materials, Packaging Materials, and Excipients required for R&D Formulation. The role demands strong coordination with R&D, Quality, Regulatory, and Project teams to ensure uninterrupted material availability and adherence to technical standards. The ideal candidate should demonstrate strong commercial acumen, understanding of material specifications, and experience in global Responsibilities :
- Oversee end-to-end procurement for formulation R&D, including raw materials, packaging materials, and excipients.
- Identify, develop, and manage vendors domestically and internationally, ensuring reliable supply and compliance with quality standards.
- Conduct supplier evaluations based on quality, cost, delivery timelines, technical capability, and regulatory compliance.
- Lead negotiations on pricing, payment terms, and contracts while driving cost optimization and value improvements.
- Ensure timely delivery of materials by monitoring purchase orders, tracking lead times, and coordinating closely with R&D and project teams.
- Review and understand technical specifications, COAs, MSDS, and other material parameters to ensure correct procurement decisions.
- Explore new suppliers globally to strengthen the sourcing network and support new formulation requirements.
- Maintain vendor performance metrics and handle supplier communication for escalations, clarifications, and commercial issues.
- Ensure all procurement activities adhere to company purchase policies, audit requirements, and documentation standards.
- Support continuous improvement in procurement processes and contribute to building a strong, compliant supply chain for R&D needs.
(ref : iimjobs.com)