Purchase Executive - Jntu Kukat Pally, Hyderabad, Telangana, India - BHAGYAVATI PLACEMENT & SERVICES
2 weeks ago
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:
-
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.
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.
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.
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.
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.
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.
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
Speak with the employer
More jobs from BHAGYAVATI PLACEMENT & SERVICES
-
R&d Chemist
Visakhapatnam, India - 2 weeks ago
-
Maintenance Operator
Dongargaon, India - 2 weeks ago
-
Purchase Officer
Hyderabad, Telangana, India - 3 weeks ago
-
Coating Pan Operator
Jntu Kukat Pally, Hyderabad, Telangana, India - 2 weeks ago
-
Helper
Visakhapatnam, India - 3 days ago
-
Electrician
Patancheru, Hyderabad, Telangana, India - 2 weeks ago