Purchase Executive - Jntu Kukat Pally, Hyderabad, Telangana, India - BHAGYAVATI PLACEMENT & SERVICES

Deepika Kaur

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Deepika Kaur

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Description

As a Purchase Executive specializing in OSD (Oral Solid Dosage) Pharmaceuticals, you will play a crucial role in procuring raw materials, equipment, and services necessary for the manufacturing and operational needs of the organization.

Your primary responsibility will be to ensure timely and cost-effective procurement while maintaining high standards of quality and compliance with relevant regulations.


Roles and Responsibilities:

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Sourcing and Vendor Management:


  • Identify, evaluate, and select suitable vendors and suppliers for raw materials, packaging materials, equipment, and services required for OSD pharmaceutical manufacturing.
  • Negotiate terms and conditions, pricing, and contracts with vendors to secure favorable agreements while maintaining quality and compliance standards.
  • Develop and maintain strong relationships with vendors to ensure reliable and timely delivery of materials and services.
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Procurement Planning:


  • Collaborate with production and planning teams to forecast material requirements and develop procurement plans to meet production schedules.
  • Monitor inventory levels and reorder points to prevent stockouts and ensure uninterrupted production.
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Quality Assurance and Compliance:


  • Ensure that all procured materials and services meet the required quality standards and specifications.
  • Work closely with the quality assurance team to conduct supplier audits, qualify new vendors, and address quality issues.
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Cost Management:


  • Implement costsaving initiatives and strategies to optimize procurement costs without compromising on quality or compliance.
  • Conduct price analysis, benchmarking, and market research to identify costsaving opportunities and alternative suppliers.
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Documentation and Record Keeping:


  • Maintain accurate records of procurement activities, including purchase orders, contracts, invoices, and correspondence with vendors.
  • Ensure compliance with internal procurement policies and procedures as well as relevant regulatory requirements.
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Communication and Coordination:


  • Collaborate with internal stakeholders, including production, quality assurance, finance, and logistics, to coordinate procurement activities and ensure alignment with organizational goals.
  • Communicate effectively with vendors regarding order specifications, delivery schedules, and any changes or issues that may arise.
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Continuous Improvement:


  • Identify areas for process improvement within the procurement function and implement best practices to streamline processes, increase efficiency, and enhance overall effectiveness.
  • Stay updated on industry trends, market conditions, and regulatory changes affecting procurement practices in the pharmaceutical industry.

Qualifications and Experience:


  • Bachelor's degree in Pharmacy, Chemistry, Supply Chain Management, Business Administration, or related field.
  • Previous experience in procurement or supply chain management within the pharmaceutical industry, with specific experience in OSD pharmaceuticals preferred.
  • Knowledge of pharmaceutical manufacturing processes, materials, and regulations (e.g., cGMP, FDA requirements).
  • Strong negotiation skills, attention to detail, and analytical abilities.
  • Excellent communication, interpersonal, and problemsolving skills.

Job Types:
Full-time, Permanent


Salary:
From ₹15,000.00 per month


Benefits:


  • Health insurance
  • Leave encashment
  • Life insurance
  • Provident Fund

Schedule:

  • Day shift

Supplemental pay types:

  • Yearly bonus

Education:


  • Bachelor's (required)

Experience:

- total work: 1 year (required)


Ability to Commute:

  • Jntu Kukat Pally, Hyderabad, Telangana (required)

Ability to Relocate:

  • Jntu Kukat Pally, Hyderabad, Telangana: Relocate before starting work (required)

Work Location:
In person


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