Sr. Executive - Purchase

Mars Therapeutics; Hyderabad; On-site; INR 600,000 - 900,000; Full time

Job summary

Mars Therapeutics is seeking a Sr. Executive - Purchase to oversee procurement for our pharmaceutical manufacturing facility.

You will drive strategic sourcing, supplier development, cost optimization, and inventory planning to ensure timely availability of APIs, excipients, packaging materials, and other inputs. Responsibilities include planning, supplier qualification, contract negotiation, and coordinating with QA/QC for COAs and GMP compliance.

Qualifications

• Bachelor's degree or equivalent in a relevant field.
• Strong knowledge of pharma raw materials, packaging, and vendor management.
• Experience in procurement or supply chain for pharmaceutical manufacturing.

Responsibilities

• Develop procurement strategies aligned with production plans and business needs.
• Lead supplier selection, negotiation, and performance reviews.
• Coordinate with QA/QC, Regulatory, Finance, and Stores teams to ensure compliance.
• Monitor inventory levels and optimize holding costs to prevent stockouts.

Skills

Negotiation

Communication

Analytical

Planning

MS Excel

ERP/SAP

GMP knowledge

Leadership

Problem solving

Team management

Education

Bachelor's degree in pharmacy, Chemistry, Engineering, Commerce, Supply Chain Management, or related field

Tools

ERP/SAP

Job description

Job Title: Sr. Executive - Purchase
Department: Purchase / Procurement
Industry: Pharmaceutical Manufacturing
Reports To: General Manager / Director
Experience: 58 years in pharmaceutical procurement preferred

Job Summary

We are seeking an experienced, results-oriented Purchase Manager to oversee procurement for our pharmaceutical manufacturing facility. The candidate will lead strategic sourcing, supplier development, cost optimization, and inventory planning; ensure timely procurement of raw materials, packaging materials, engineering spares, and other essential supplies; and maintain compliance with applicable pharmaceutical quality standards and company procedures.

Key Responsibilities

1. Procurement Planning

• Develop and implement procurement strategies aligned with production plans and business requirements.
• Plan and manage procurement of APIs, excipients, chemicals, solvents, packaging materials, and other pharmaceutical inputs.
• Coordinate with Production, Quality Assurance (QA), Quality Control (QC), Stores, Regulatory Affairs, and Finance departments.
• Ensure timely availability of materials to prevent production interruptions.

2. Supplier Management

• Identify, evaluate, develop, and maintain reliable suppliers and vendors.
• Negotiate prices, payment terms, credit periods, delivery schedules, and commercial conditions.
• Conduct supplier performance reviews based on quality, cost, delivery, and service.
• Coordinate with QA for supplier qualification, audits, and approval as per company procedures.

3. Cost Control and Negotiation

• Achieve cost savings through strategic sourcing, competitive quotations, and effective negotiations.
• Compare quotations and prepare commercial evaluation reports.
• Monitor market trends and price fluctuations for pharmaceutical raw materials and packaging components.
• Establish annual procurement budgets and monitor purchasing expenditure.

4. Inventory and Material Management

• Monitor stock levels, minimum and maximum inventory, reorder points, and safety stock.
• Coordinate with Stores and Planning teams to avoid stock-outs and excess inventory.
• Review slow-moving, non-moving, and near-expiry materials with relevant departments.
• Optimize inventory holding costs without affecting production continuity.

5. Quality and Compliance

• Ensure procurement follows approved vendor lists and company SOPs.
• Ensure materials are procured against approved specifications and required documentation.
• Coordinate with QA/QC for COAs, specifications, SDS/MSDS, and other applicable documents.
• Support compliance with applicable GMP requirements and regulatory expectations.

6. Import and Export Procurement

• Coordinate import procurement, where applicable, including shipping documents, customs clearance, and logistics.
• Manage supplier lead times, freight costs, and delivery commitments.
• Support procurement of materials required for export-oriented pharmaceutical manufacturing.

7. Team Management and Reporting

• Lead, train, and supervise the purchase team.
• Establish procurement KPIs and review departmental performance.
• Prepare monthly reports on purchases, cost savings, pending orders, supplier performance, and inventory risks.
• Ensure purchase orders are issued accurately and on time.

Qualifications

• Bachelors degree in pharmacy, Chemistry, Engineering, Commerce, Supply Chain Management, or a related field.
• Relevant procurement or supply chain certification is an advantage.
• Strong knowledge of pharmaceutical raw materials, packaging materials, and vendor management.

Required Skills

• Excellent negotiation and communication skills.
• Strong analytical, planning, and decision-making abilities.
• Proficiency in MS Excel and ERP/SAP systems.
• Knowledge of pharmaceutical procurement documentation and GMP requirements.
• Leadership, problem-solving, and team-management skills.

Key Performance Indicators (KPIs)

• Procurement cost savings.
• On-time material availability.
• Supplier quality and delivery performance.
• Inventory optimization.
• Reduction in urgent and unplanned purchases.
• Purchase order accuracy and compliance.

Preferred Candidate

A proactive professional with strong pharmaceutical procurement experience, excellent supplier relationships, commercial awareness, and the ability to ensure uninterrupted material availability for manufacturing operations.