Purchase Manager

Vibcare Pharma Pvt. Ltd.

Panchkula

On-site

INR 1,200,000 - 1,600,000

Full time

9 days ago
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Benefits offered by this job

Health insurance
Performance bonus
PF/ESIC as per norms

Job summary

Vibcare Pharma Pvt. Ltd. is seeking an experienced Purchase Manager to lead procurement for its PCD pharma portfolio. You will negotiate with third-party manufacturers, manage POs, and ensure uninterrupted product availability.

The role requires 4–5 years in pharma procurement, strong Excel/ERP skills, and leadership ability to drive cost savings while upholding quality. Training and growth opportunities accompany a competitive package.

Qualifications

  • Graduate in any stream; B.Pharm, BBA or MBA preferred.
  • 4-5 years in core procurement in PCD pharma or marketing setup.
  • Experience leading a purchase team and cross-functional liaison.

Responsibilities

  • Plan purchasing strategies for marketed products across PCD divisions.
  • Negotiate with third-party manufacturers and manage rates/MOQs/terms.
  • Supervise PO generation and coordinate with suppliers on approvals and dispatch.
  • Maintain stock levels with reorder points and reduce near-expiry stock.

Skills

Procurement strategy
Vendor negotiations
Excel (pivot, vlookup)
ERP systems
Inventory control
Cross-functional coordination
Team leadership

Education

B.Pharm
BBA/MBA (Supply Chain)

Tools

ERP systems
Excel

Job description

Vibcare Pharma Pvt. Ltd. is a leader in pharmaceutical innovation, known for cutting-edge marketing and manufacturing. Our state-of-the-art facilities and commitment to R&D drive our growth, while our focus on employee well-being makes us a top employer.

Job Description

We are looking for an experienced Purchase Manager to lead the procurement operations at Vibcare Pharma. In this role, you will manage end-to-end purchasing for our extensive PCD pharma portfolio, negotiate with third-party manufacturers, maintain target stock levels, and lead the purchase team to ensure smooth, cost-effective product availability.

Key Responsibilities

  • Procurement Planning: Plan and execute purchasing strategies for all marketed products across PCD divisions to maintain uninterrupted supply and avoid stock-outs.
  • Vendor Management: Identify, evaluate, and onboard third-party manufacturers; negotiate competitive rates, MOQs, payment terms, and delivery lead times.
  • Purchase Orders & Tracking: Supervise generation of Purchase Orders (POs) and coordinate daily with manufacturers for artwork approvals, batch production, and dispatch schedules.
  • Inventory & Stock Control: Establish and track reorder levels, safety stock, and buffer stock; monitor and minimize near-expiry stock and slow-moving inventory.
  • Cost Optimization: Analyze price trends, negotiate raw and finished pack rates, and drive procurement cost savings while upholding strict quality benchmarks.
  • Documentation & Compliance: Verify supplier documentation including COA, GST/HSN details, e-invoicing, e-way bills, batch/expiry details, and MRP/labelling standards prior to dispatch.
  • Claims & Discrepancy Resolution: Manage shortages, transit damages, quality rejections, and coordinate with accounts for timely debit notes and vendor reconciliations.
  • Team Leadership: Lead, train, and supervise purchase executives; assign daily tasks, monitor performance, and enforce standard operating procedures.
  • Cross-Functional Coordination: Work closely with Sales, Marketing, Godown/Stores, and Accounts teams to prioritize focus products, new launches, and urgent dispatch orders.
  • MIS & Management Reporting: Maintain comprehensive purchase MIS reports including OTIF delivery tracking, PO status, lead time analysis, and price variance for executive reviews.
Requirements
  • Experience: 4-5 years of core procurement experience in a PCD pharma company or pharmaceutical marketing setup, with proven team-handling exposure.
  • Education: Graduate in any stream; B.Pharm, BBA, or MBA (Supply Chain / Operations) preferred.
  • Skills:
    • Extensive knowledge of PCD pharma procurement, third-party manufacturing, and vendor negotiations.
    • Strong working proficiency in Excel (Pivot tables, VLOOKUP/XLOOKUP, inventory formulas) and ERP systems.
    • Solid understanding of purchase documentation, GST/HSN codes, e-way bills, and inventory control.
    • Effective vendor management, negotiation, and cost-control capabilities.
    • Fluency in Hindi and English with strong cross-functional communication skills.
  • High sense of accountability and proactive follow-up.
  • Strong analytical mindset and detail orientation.
  • Demonstrated leadership and crisis-handling abilities.

(A short Excel test may be conducted.)

  • Competitive CTC + performance bonus
  • Health insurance (as per company slab)
  • PF / ESIC as per norms
  • Supportive and professional work environment
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