Purchase / Procurement Specialist

Only candidates based in Mumbai will be considered.  

Job Title: Purchase / Procurement Specialist

Department: Purchase

Qualification: B.Pharma/ D.Pharma or B.Sc/ M.Sc

Experience: 5\-8 years

Job Type: Full\-time

Salary: ₹30,000 \- 45,000 per month

Job Responsibility

• Purchasing & Order Management:
  

• Manage the procurement of pharmaceutical products based on forecasts and inventory needs.
  




• Place and track orders, ensuring accurate and timely deliveries.
  




• Approve purchase requisitions from departments.
  

• Supplier Relations:
  

• Build and maintain relationships with suppliers to secure favourable terms.
  




• Negotiate pricing, delivery terms, and address supplier issues.
  

• Inventory Management:
  

• Monitor stock levels and initiate orders to avoid shortages/excess.
  




• Work with inventory teams to maintain optimal stock levels and expiration management.
  

• Compliance & Regulatory Adherence:
  

• Ensure purchased products comply with GMP, FDA, and other regulations.
  




• Maintain accurate purchase records in line with legal requirements.
  

• Market Research & Analysis:
  

• Stay updated on market trends, pricing, and new developments.
  




• Identify cost\-saving opportunities and evaluate supplier performance.
  

• Documentation & Reporting:
  

• Maintain purchase order records and submit regular reports on purchasing activities.
  

• Cross\-functional Collaboration:
  

• Work with sales, marketing, and logistics to ensure timely product availability.
  
  
  

Skills:  

• Strong negotiation and vendor management skills.
  




• Analytical abilities to assess trends and cost\-saving opportunities.
  




• Knowledge of pharmaceutical products and regulatory requirements.
  




• Proficient in procurement software and Microsoft Excel.
  

Experience:  

1. Experience in the Pharmaceutical Industry (preferred):
   

• Previous experience in procurement, supply chain, or inventory management within the pharmaceutical or healthcare industry is highly advantageous.
  

2. Procurement Experience:
   

• At least 5\-8 years of relevant experience in procurement, with experience in negotiating contracts, managing vendors, and handling procurement.
  

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