Job description
We are seeking an experienced Senior Procurement Executive
to manage and optimize our purchasing operations, specifically in the
pharmaceutical industry. The ideal candidate will have excellent
negotiation skills, a deep understanding of procurement processes, and the
ability to manage vendor relationships effectively. Proficiency in
Hindi and English is essential for this role.
Key Responsibilities:
- Negotiate
with vendors for goods and services, ensuring the best possible prices
and service guarantees.
- Establish
and enforce purchasing policies to ensure compliance with company and
regulatory standards.
- Administer
the corporate purchasing card program (e.g., American Express).
- Identify
and develop new supply sources to address vendor inadequacies.
- Review
and evaluate bids, awarding contracts based on cost-effectiveness and
quality.
- Establish
account/credit terms and negotiate blanket purchase orders as required,
monitoring costs during the agreement period.
- Ensure
adherence to Investment Budget rules and track all DADs (Delegation of
Authority Documents) to maintain compliance.
- Verify
requisitions for proper approvals and accurate account numbers.
- Collaborate
with the receiving department to confirm that ordered supplies are
delivered as per specifications.
- Trace
and resolve issues related to delayed or incomplete purchase orders.
Required Experience, Skills, and Qualifications:
- Proven
experience in procurement, preferably within the pharmaceutical industry.
- Strong
negotiation skills and the ability to establish and maintain vendor
relationships.
- Proficiency
in Hindi and English (both verbal and written).
- Knowledge
of procurement regulations and compliance standards.
- Excellent
organizational skills with attention to detail.
- Ability
to handle multiple tasks and meet deadlines.
Preferred Qualifications:
- Prior
experience managing procurement for pharmaceutical operations.
- Familiarity
with inventory management systems and tools.
- Strong
problem-solving skills to resolve vendor or supply chain issues
effectively.