Job Description:
We have an urgent opening for the post of Purchase Manager for a reputed Company at Navi Mumbai(Turbhe).
Job Details:
- Result oriented with proven success in in the areas of Global & Local sourcing, Materials procurement, Vendor development.
- Works closely with key stakeholders to develop effective sourcing strategies and ensure implementation including negotiation and execution of supply agreements and contracts.
- Collaborate with internal teams to understand their purchase requirements, create inquiries, and solicit RFQs from vendors.
- Closely work with Quality & Supply Chain team for procurement
- Analyze supplier quotes, negotiate terms including quality, price, payment terms, and delivery lead time, ensuring optimal supplier selection and fostering new vendor development.
- Possess expertise in procurement with a thorough understanding of supply markets, trends, cost drivers, and a business understanding of Pharma, Life Science & Diagnostics Industry.
- Ensure supplies are received, bringing value to the organization in terms of cost, quality, and time for both domestic and export markets.
- Release purchase orders, monitor all POs through reports, and ensure timely delivery of products and services while overseeing correct and timely invoice submissions by vendors.
- Resolve discrepancies during the P2P process immediately, coordinating with respective stakeholders.
- Liaise with Finance to submit vendor invoices, resolve discrepancies, and track payments.
- Drive the execution of critical tactical activities.
- Ensure compliance with company policies, processes, and procedures, maintaining accurate purchasing records in line with regulatory requirements.
- Nurture effective relationships with internal and external stakeholders to support functional priorities.
- Perform other duties and responsibilities assigned by management.
- Demonstrate attention to detail, strong negotiation skills, stakeholder management, communication skills, and time management. Handle escalations with exceptional attention to detail.
- Communicate with Inter Company for timely sourcing of inventory.
- Adhere to internal control and policy, aligning with the approval matrix.
- Prepare ordering plans and various reports, submitting them on a timely basis.
- Coordinate effectively with internal teams, suppliers/vendors, and the factory for a smooth workflow.
- Possess hands-on experience in capital purchases.
- Maintain and update the e-Procurement computerized system, preparing status reports weekly and monthly.
- Build and develop relationships with key suppliers and customers, ensuring compliance with company policies and procedures.
- Manage receiving details and implement corrective actions for dispute resolution.
- Strong command over written and verbal communication in English, along with analytical skills and exposure to advanced Excel.
- Permanent resident of Mumbai with accommodation.
Education & Skill Requirements:
- M. Sc. (Chemistry) or equivalent.
- Minimum 9-10 years of experience in life science, diagnostics, pharmaceuticals, API, in mid or mid/big companies.
- Strong command over written and verbal communication in English, analytical skills, and exposure to advanced Excel.
- Permanent resident of Mumbai with accommodation.
- Ability to ask insightful questions, justify queries raised by management, set goals, and develop action plans.
- Timely delivery of assigned tasks.
- Understanding of quotations and purchase orders.
- Proficient in working with the company's designed systems.
- Experience in the use of ERPs, especially Tally Prime & Infor M3.