Specialist Nutra Sourcing

Dr. Reddy's Laboratories

Hyderabad

On-site

INR 800,000 - 1,200,000

Full time

14 days+

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Benefits offered by this job

Personalized learning programs

Medical coverage for family

Maternity & Paternity benefits

Job summary

A leading multinational pharmaceutical company is seeking a Mid-Senior level professional for Nutraceuticals sourcing, optimizing procurement strategy and operations. Ideal candidates will have a Pharma/Science degree and relevant experience in the Nutraceutical industry. The role is full-time, located in Hyderabad, and offers a supportive work environment focused on growth and development.

Qualifications

3-6 years of experience in a Nutraceutical industry handling Sourcing & procurement.
Sound understanding of Supply Chain operations, Procurement strategies, systems & processes.
Good understanding of the regulated Nutraceuticals market.

Responsibilities

Implement Nutraceuticals Raw & Packaging materials strategies to align with goals.
Identify opportunities for volume consolidation in procurement.
Lead negotiations as part of the sourcing process.

Skills

Negotiation Skills

Supply Chain Operations

Problem Solving

Business Analytics

Stakeholder Engagement

Education

Pharma/Science Graduate

Job description

Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations. Each of our 24,000+ employees comes to work every day for one collective purpose: to accelerate access to affordable and innovative medicines because Good Health Can’t Wait.

We started in 1984 with a modest investment, 20 employees and a bold vision. Today, we have research and development centres, manufacturing facilities, and a commercial presence in 66 countries.

For nearly four decades, we have stood for access, affordability and innovation based on the bedrock of deep science, progressive people practices and robust corporate governance. As the pharmaceutical industry evolves and undergoes disruption, we see an opportunity – to strengthen our core further (the next steps) and to build the future (the new bets).

‘The Next and the New’ is how we aim to continue to be the partner of choice – purpose-driven, future-ready and sustainable. Our aim is to reach over 1.5 Bn+ patients across the world by 2030 by growing our core businesses and building for the future with sustainability at the core of our purpose and strategy. Sustainability for us means operating in a manner that respects people, planet and purpose – helping us conserve precious resources, serve our patients, create value for stakeholders, give back to society, fulfil our potential and maintain our integrity and transparency.

Dr Reddy’s maintains a work environment, free from discrimination and is an equal opportunity employer. We are committed to employ & nurture all qualified diverse workforce without regard to race, colour, religion, nationality, sex, age, disability status, genetics, sexual orientation, gender expression, citizenship or any other characteristic or classification protected by applicable law(s) of the country we operate in. We treasure every talent, and recognize merit and diversity in our organization.

Roles and Responsibilities

Implement Nutraceuticals Raw & Packaging materials strategies to ensure direct alignment with organizational goals and objectives.
Identify opportunities for volume consolidation within Nutraceuticals Raw & Packaging materials, optimizing procurement efficiency.
Challenge and review specifications within the Nutraceuticals Raw & Packaging materials, fostering continuous improvement.
Actively engage with the supplier base to source innovative ideas and solutions, fostering a collaborative environment for continuous improvement.
Support stage gating for supplier-led innovations, ensuring a structured approach to assess and implement innovative solutions while managing associated risks.
Collaborate with suppliers to assess Environmental, Social, and Governance (ESG) practices and improve % ESG compliant suppliers, ensuring alignment with DRL's sustainability goals.
Identify and mitigate potential risks in the supply chain (supply, quality, safety), proactively addressing issues related to category procurement and ensuring continuity of supply.
Lead negotiations as part of the sourcing process. Oversee supplier selection and manage contract signing, execution, and associated risk management.
Leverage India and Global Market inputs to develop should cost and provide competitive advantage to the business.
Support AVD activities through vendor scouting, vendor review, testing etc.
Proactively communicate and engage with stakeholders (like R&D leads, Business leads, Planning/Manufacturing, Finance) to gather insights, align priorities, and address potential challenges in the Global market.

Educational Qualification and Work Experience

Pharma/Science Graduate with 3-6 years of experience in a Nutraceutical industry handling Sourcing & procurement.
Sound understanding of Supply Chain operations, Procurement strategies, systems & processes.
Good understanding of the regulated Nutraceuticals Raw & Packaging materials ,Market requirements, vendors base.
Good understanding of Operations in pharmaceutical industry, Generics business, Regulatory framework.
Sound understanding of recent trends & Nutraceuticals Raw & Packaging materials Market intelligence, business dynamics.

Behavioural Skills

Ability to develop and implement Nutraceutical strategies.
Ability to lead negotiations for optimal outcomes in line with Nutraceuticals Raw & Packaging materials strategy.
Ability to network and build robust supplier relationships.
Ability to connect the dots and take decisions.
Ability to proactively engage with stakeholders to gather insights and align priorities effectively.
Problem Solving & Business Analytics skills.

About the Department

Global Manufacturing Organisation (GMO)

At Dr. Reddy's Laboratories, we are dedicated to making a meaningful impact on global healthcare through precision manufacturing and innovation. With a legacy of excellence, we are a leading force in the pharmaceutical industry.

We operate 19 state-of-the-art manufacturing plants across Hyderabad, Vizag, Baddi, Mexico, Shreveport, and Mirfield, comprising 8 OSD facilities, 3 Injectables facilities, and 8 API facilities.

Benchmarking manufacturing processes and continuous operational excellence are at the core of our capability to deliver quality medicines to our patients in 66 countries. We manufacture a portfolio of complex APIs and 1,150+ drug master files across key therapy areas such as Oncology, Cardio-vascular, Central Nervous System and Anti-Diabetes. The World Economic Forum has recognised our largest manufacturing facility in Bachupally, Hyderabad, as part of its Global Lighthouse Network. We aspire to be the most efficient pharma operations in the world. Our productivity improvement and digitalisation efforts are key to staying competitive, meeting business imperatives, and meeting our ambitious ESG goals. Building such ‘factories of the future’ is integral to innovation and to build healthcare of the future.

Benefits Offered

At Dr. Reddy’s we actively help to catalise your career growth and professional development through personalised learning programs.

The benefits you will enjoy at Dr. Reddy’s are on par with the best industry standards. They include, among other things and other essential equipment, joining & relocation support, family support (Maternity & Paternity benefits), learning and development opportunities, medical coverage for yourself and your family, life coverage for yourself.

Our Work Culture

Ask any employee at Dr. Reddy’s why they come to work every day and they’ll say, because Good Health Can’t Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and we’re always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic.

For more details, please visit our career website at https://careers.drreddys.com

Job Details