Location
Secunderabad | India
Job description
Job Summary
We are seeking a skilled and experienced Purchase Manager to join our team at Promea. As the Purchase Manager, you will be responsible for managing the procurement activities of the company, ensuring timely and cost-effective sourcing of materials, equipment, and services. You will collaborate with vendors, negotiate contracts, and maintain strong relationships with suppliers. The ideal candidate has a strong background in procurement, excellent negotiation and communication skills, and a keen eye for detail. The ideal candidate should also have relevant pharmaceutical experience.
Responsibilities Procurement Strategy and Planning:
- Develop and implement procurement strategies aligned with company objectives and cost savings targets.
- Collaborate with cross-functional teams to understand their material requirements and create effective procurement plans.
- Analyze market trends, conduct supplier research, and identify potential vendors.
Vendor Management And Negotiation - Identify, evaluate, and select reliable suppliers based on quality, delivery, and cost considerations.
- Negotiate pricing, terms, and contracts with suppliers to ensure favorable terms and conditions.
- Establish and maintain strong relationships with vendors, monitoring their performance and addressing any issues.
Purchase Order Processing - Review purchase requests and convert them into purchase orders accurately and in a timely manner.
- Coordinate with internal stakeholders to ensure purchase orders meet their requirements.
- Monitor purchase order status, track deliveries, and resolve any discrepancies or delays.
Inventory Management - Collaborate with inventory management teams to maintain optimal stock levels.
- Monitor inventory levels, track consumption patterns, and forecast future demand.
- Implement inventory control measures to minimize excess or obsolete stock and optimize inventory turnover.
Cost Optimization - Analyze costs, identify cost-saving opportunities, and implement cost optimization strategies.
- Conduct price negotiations, contract renegotiations, and supplier consolidation to reduce procurement costs.
- Collaborate with finance and accounting teams to ensure accurate cost allocation and tracking.
Compliance And Quality Assurance - Ensure compliance with procurement policies, procedures, and applicable regulations.
- Conduct supplier audits and assessments to ensure adherence to quality standards.
- Collaborate with quality assurance teams to resolve any quality-related issues with purchased materials or services.
Team Management - Lead and mentor the procurement team, providing guidance and support.
- Assign tasks, set objectives, and conduct performance evaluations.
- Foster a collaborative and results-oriented work environment.
Qualifications And Skills - Bachelor's degree in Supply Chain Management, Business Administration, or a related field. MBA or relevant professional certifications (e.g., CPP, CPPM) are preferred.
- Proven work experience as a Purchase Manager or in a similar procurement role, preferably in the pharmaceutical or healthcare industry.
- Strong knowledge of procurement principles, practices, and supply chain management.
- Proficiency in procurement software and systems.
- Excellent negotiation, communication, and relationship-building skills.
- Strong analytical and problem-solving abilities.
- Attention to detail and accuracy in procurement processes and documentation.
- Ability to work effectively under pressure and meet deadlines.
- Knowledge of relevant regulations and compliance requirements.
- Leadership and team management skills.
Job tags
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