Purchase Manager-Life Sciences Industry-Navi Mumbai(Turbhe)

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.