Sourcing Executive

Macsen Laboratories; Udaipur District; On-site; INR 180,000 - 300,000; Full time

Job summary

Macsen Laboratories is seeking a proactive Sourcing Executive for our Purchase Department in the pharma/chemical sector. The role requires a science background and at least 1 year in sourcing, procurement, or purchasing, with a focus on competitive pricing and reliable supplier networks.

You will conduct market research, identify potential suppliers, compare quotations, and develop alternative sourcing channels to ensure timely procurement and high-quality materials.

Qualifications

• B.Sc, M.Sc or an equivalent science qualification.
• At least 1 year of experience in sourcing, procurement, or purchasing.
• Experience in pharma/chemical manufacturing preferred.
• Strong negotiation, communication, and vendor management skills.
• Basic MS Excel and procurement documentation knowledge.

Responsibilities

• Actively explore the market to identify and develop new sourcing opportunities and potential suppliers.
• Source materials based on technical specs, quality standards, and purchase requirements.
• Obtain and compare quotations to ensure competitive pricing and favourable terms.
• Coordinate with QA, Production, and Stores to understand material requirements.
• Develop alternative sourcing channels across local, regional, and national markets.
• Negotiate prices, delivery timelines, and payment terms with suppliers.
• Maintain vendor databases, quotation sheets, and sourcing records.
• Follow up with vendors to ensure timely delivery of materials.
• Compare market sources on pricing, quality, delivery and reliability.
• Evaluate supplier performance on quality, cost, and delivery schedules.
• Ensure sourced materials meet technical specs and quality standards.
• Assist in developing cost-saving strategies and procurement efficiency.

Skills

Sourcing experience

Vendor management

Negotiation

Excel

Market research

Communication

Education

B.Sc./M.Sc in science

Job description

Job Summary:

We are looking for a proactive and detail-oriented Sourcing Executive to join our Purchase Department. The ideal candidate should have a science background and at least one year of experience in sourcing, procurement, vendor management, or purchasing activities, preferably in the pharmaceutical or chemical industry. The candidate should be capable of conducting market research, exploring various markets to identify potential suppliers, discovering new sourcing opportunities, and developing alternative vendor networks to ensure competitive pricing, quality materials, and timely procurement.

Key Responsibilities

• Actively explore the market to identify, evaluate and develop new sourcing opportunities and potential suppliers for required materials.
• Source materials based on technical specifications, quality standards, and purchase requirements.
• Obtain and compare quotations from multiple vendors to ensure competitive pricing and favourable commercial terms.
• Coordinate with the Quality Assurance, Production, and Stores departments to understand material requirements.
• Search for and develop alternative sourcing channels across local, regional, and national markets
• Negotiate prices, delivery timelines, payment terms, and other procurement conditions with suppliers.
• Prepare and maintain vendor databases, quotation comparison sheets, and sourcing records.
• Follow up with vendors to ensure timely delivery of materials.
• Compare available market sources based on pricing, quality, delivery timelines, and reliability.
• Evaluate supplier performance based on quality, cost, reliability, and delivery schedules.
• Ensure that sourced materials comply with the required technical specifications and applicable quality standards.
• Assist in developing cost-saving strategies and improving procurement efficiency.

Required Skills and Qualifications

• B.Sc, M.Sc or another relevant Science qualification.
• Minimum 1 year of experience in sourcing, procurement, or purchasing.
• Experience in the pharmaceutical, chemical, or manufacturing industry will be preferred.
• Good negotiation, communication, and vendor management skills.
• Ability to compare quotations and analyze prices, specifications, and supplier terms.
• Basic knowledge of MS Excel and procurement documentation.
• Strong analytical skills, attention to detail, and a proactive approach to problem-solving.