Procurement Executive

Position: Procurement Executive
Department: Purchase / Supply Chain
Industry: API / Pharmaceutical Manufacturing
Experience: 2 to 3 Years

Key Responsibilities

• Source and procure API raw materials, intermediates, solvents, excipients, and chemicals from approved vendors.
• Obtain quotations, compare prices, and negotiate commercial terms with suppliers.
• Generate Purchase Orders (POs) and ensure timely processing through SAP/ERP.
• Coordinate with Production Planning, Stores, QC, QA, and Finance for material requirements.
• Monitor inventory levels and maintain optimum stock to avoid production disruptions.
• Follow up with vendors for timely delivery and resolve supply chain issues.
• Identify alternate sources and develop new vendors for critical raw materials.
• Ensure procurement activities comply with GMP, regulatory, and company requirements.
• Maintain procurement records, supplier documentation, and contracts.
• Track market trends and raw material price fluctuations to optimize procurement costs.
• Prepare procurement MIS reports, vendor performance reports, and cost-saving analyses.

Required Skills

• Raw Material Sourcing & Procurement
• Vendor Development & Management
• Price Negotiation & Cost Optimization
• SAP/ERP Knowledge
• Inventory Planning & Control
• Supply Chain Coordination
• Knowledge of API/Pharma Raw Materials
• Strong Communication and Analytical Skills

Qualification

• B.Sc / M.Sc /Any Graduate
• MBA in Supply Chain or Operations (Preferred)