Officer

Akums Drugs & Pharmaceuticals Limited; Haridwar; On-site; INR 600,000 - 900,000; Full time

Job summary

Akums Drugs & Pharmaceuticals Limited is seeking a procurement professional to manage the complete purchase and procurement cycle, ensuring timely material availability, competitive pricing, and adherence to company policies.

The role requires sourcing reliable suppliers, negotiating terms, and coordinating with various departments to maintain quality and timely deliveries, while maintaining records and reports for procurement costs.

Qualifications

• Graduate in any discipline; preferably B.Com, BBA, or Supply Chain/Procurement-related qualification.
• Relevant experience in Purchase/Procurement will be preferred.

Responsibilities

• Identify material requirements based on production, inventory, and operational needs.
• Source and evaluate reliable suppliers and vendors.
• Obtain and compare quotations, negotiate prices, payment terms, delivery schedules, and other commercial conditions.
• Prepare and process Purchase Orders (POs) after obtaining the required approvals.
• Follow up with suppliers to ensure timely delivery of materials.
• Coordinate with stores, production, quality, accounts, and other departments regarding material requirements and deliveries.
• Maintain and update supplier/vendor records, quotations, purchase orders, and related documentation.
• Monitor purchase prices and identify opportunities for cost reduction.
• Ensure purchased materials meet specified quality and quantity requirements.
• Resolve issues related to shortages, delayed deliveries, quality deviations, invoices, and vendor payments in coordination with relevant departments.
• Develop and maintain good relationships with existing and potential suppliers.
• Evaluate vendor performance based on quality, price, delivery, service, and reliability.
• Support vendor development and alternate-source identification.
• Ensure procurement activities comply with company policies and approval procedures.
• Maintain MIS/reports related to purchases, pending orders, vendor performance, and procurement costs.

Skills

Negotiation

Vendor management

Procurement knowledge

Communication

Quotation analysis

Follow-up

MS Excel

ERP software

Multi-purchase management

Supply chain basics

Education

B.Com / BBA or Supply Chain related

Tools

MS Excel

ERP/purchasing software

Job description

Job Purpose

To manage the complete purchase and procurement cycle, ensuring timely availability of materials, competitive pricing, appropriate quality, and adherence to company procurement policies.

Key Responsibilities

• Identify material requirements based on production, inventory, and operational needs.
• Source and evaluate reliable suppliers and vendors.
• Obtain and compare quotations, negotiate prices, payment terms, delivery schedules, and other commercial conditions.
• Prepare and process Purchase Orders (POs) after obtaining the required approvals.
• Follow up with suppliers to ensure timely delivery of materials.
• Coordinate with stores, production, quality, accounts, and other departments regarding material requirements and deliveries.
• Maintain and update supplier/vendor records, quotations, purchase orders, and related documentation.
• Monitor purchase prices and identify opportunities for cost reduction.
• Ensure purchased materials meet specified quality and quantity requirements.
• Resolve issues related to shortages, delayed deliveries, quality deviations, invoices, and vendor payments in coordination with relevant departments.
• Develop and maintain good relationships with existing and potential suppliers.
• Evaluate vendor performance based on quality, price, delivery, service, and reliability.
• Support vendor development and alternate-source identification.
• Ensure procurement activities comply with company policies and approval procedures.
• Maintain MIS/reports related to purchases, pending orders, vendor performance, and procurement costs.

Required Skills

• Strong negotiation and vendor-management skills.
• Good knowledge of procurement and purchasing processes.
• Good communication and coordination skills.
• Ability to analyze quotations and commercial terms.
• Good follow-up and problem-solving abilities.
• Proficiency in MS Excel and ERP/purchasing software.
• Ability to manage multiple purchase requirements and meet deadlines.
• Basic understanding of inventory and supply-chain processes.

Qualification

• Graduate in any discipline; preferably B.Com, BBA, or Supply Chain/Procurement-related qualification.
• Relevant experience in Purchase/Procurement will be preferred.

Key Performance Indicators (KPIs)

• On-time material delivery.
• Purchase cost savings.
• Supplier quality and performance.
• Reduction in purchase lead time.
• Accuracy of purchase orders and documentation.
• Availability of required materials.
• Vendor development and alternate sourcing.
• Compliance with procurement procedures.