Senior Purchasing Manager - Mumbai - Rusan Pharma Ltd

    Rusan Pharma Ltd
    Rusan Pharma Ltd Mumbai

    2 days ago

    Description

    Position: Senior Manager – Purchase

    Department: Purchase

    Location: Kandivali, Mumbai

    Experience: Minimum 10 years of progressive experience in Purchase / Procurement within reputed pharmaceutical organizations.

    Educational qualification

    • Graduate in Science or Pharmacy.
    • MBA / PGDM in Materials Management / Supply Chain Management (preferred).

    Role Purpose

    The Senior Manager – Purchase will be responsible for leading the strategic procurement function for raw materials (RM) and packaging materials (PM) required for formulation manufacturing. The role involves developing procurement strategies, optimizing costs, ensuring supply continuity, and strengthening vendor partnerships while maintaining strict compliance with pharmaceutical regulatory and quality standards.

    The incumbent will work closely with manufacturing sites, planning teams, and cross-functional stakeholders to ensure seamless material availability aligned with organizational production and business objectives.

    Key Responsibilities

    1. Strategic Procurement Leadership

    • Develop and implement procurement strategies for Raw Materials (APIs, Excipients) and Packaging Materials required for formulation manufacturing.
    • Drive cost optimization initiatives through strategic sourcing, supplier negotiations, and long-term contracting.
    • Identify opportunities for value engineering and procurement efficiencies while ensuring compliance with quality and regulatory standards.
    • Establish alternate sourcing strategies to strengthen supply chain resilience.

    2. Supply Risk Management & Compliance

    • Ensure procurement operations adhere to pharmaceutical regulatory requirements, quality standards, and internal procurement policies.
    • Proactively identify and mitigate supply chain risks, ensuring uninterrupted availability of critical materials.
    • Maintain procurement documentation and processes aligned with audit and regulatory expectations.
    • Work closely with Quality Assurance and Regulatory teams to ensure supplier compliance and qualification.

    3. Operational Excellence & Process Improvement

    • Oversee procurement planning in alignment with production schedules and inventory optimization goals.
    • Drive performance monitoring through defined procurement KPIs such as cost savings, supplier reliability, lead time adherence, and inventory efficiency.
    • Implement continuous improvement initiatives to enhance procurement processes and supply chain efficiency.
    • Leverage digital tools and data analytics to improve procurement planning and decision-making.

    4. Stakeholder Collaboration

    • Partner with Manufacturing, Supply Chain Planning, Quality, R&D, and Finance teams to ensure effective procurement planning and execution.
    • Support business growth initiatives through proactive material sourcing and supply readiness.
    • Provide procurement insights to management to support strategic decision-making.

    5. Vendor & Strategic Supplier Management

    • Develop and maintain strong relationships with key suppliers and strategic partners.
    • Lead supplier evaluation, development, and performance management initiatives.
    • Conduct regular supplier reviews to ensure alignment with organizational quality, delivery, and cost expectations.
    • Strengthen vendor partnerships to drive innovation, reliability, and long-term value creation.

    Key Competencies

    • Strategic sourcing and procurement planning
    • Vendor development and contract negotiation
    • Cost management and value optimization
    • Supply chain risk management
    • Cross-functional collaboration and stakeholder management
    • Analytical thinking and data-driven decision making

    Technical Skills

    • SAP proficiency is mandatory for procurement and material management processes.
    • Strong working knowledge of MS Excel and MIS reporting.
    • Exposure to AI-enabled procurement analytics or digital procurement platforms will be an added advantage.

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