Job Title: Senior Executive - P2P Procurement
Purpose of Job
We are seeking an experienced and dynamic procurement professional to lead end-to-end Procure-to-Pay (P2P) operations. The role requires strong expertise in pharmaceutical procurement, vendor management, and supply chain optimization, with a focus on cost efficiency and timely availability of materials.
Roles and Responsibilites
- Procurement & Supply Planning
- Manage procurement of finished products (P2P and loan license)..
- Ensure timely replenishment of materials at optimal cost, maintaining continuity of supply.
- Determine appropriate order quantities and delivery schedules based on demand planning.
- Vendor Management & Development
- Identify, evaluate, and onboard new vendors; develop alternate vendor sources.
- Build and maintain strong supplier relationships to ensure performance, quality, and reliability.
- Drive contract negotiations to achieve favorable commercial terms.
- Purchase Operations
- Handle Purchase Order (PO) creation, release, and tracking.
- Ensure effective follow-up with vendors for timely delivery and adherence to agreed timelines.
- Work closely with vendors to address supply disruptions and performance issues.
- Cross-functional Coordination
- Collaborate with internal teams (Commercial, Technical, Quality, Finance, and Supply Chain) to align procurement activities with organizational goals.
- Support new product launches by ensuring material readiness and supplier alignment.
Other Responsibility
- Market Analysis & Strategy
- Monitor and forecast market trends, pricing dynamics, and supply-demand situations.
- Develop and execute procurement strategies aligned with business objectives.
- Identify cost-saving opportunities and drive efficiency initiatives.
- Risk Management
- Assess supply chain risks and develop mitigation strategies.
- Ensure compliance with regulatory and quality standards in procurement activities.
- Data Analysis & Reporting
- Analyze procurement data and generate actionable insights for decision-making.
- Prepare reports and presentations using MS Excel and PowerPoint.
- Project & Budget Management
- Collaborate with multiple stakeholders to define procurement requirements.
- Ensure procurement projects are delivered within budget and defined timelines.
Skill Required
- Strong analytical and problem-solving skills with a data-driven approach.
- Excellent negotiation and networking abilities.
- Proven experience in project management and execution.
- High level of ownership, integrity, and result orientation.
- Ability to work in a fast-paced, dynamic environment with agility.
Relevant skills / Industry experience
- Finished goods procurement on P2P and Loan License
- P2P processes and loan license procurement
- New vendor development and sourcing strategies
- Contract negotiation and cost optimization
- Supply chain risk assessment and mitigation
- Hands-on experience with SAP and vendor management systems.
- Advanced proficiency in MS Excel and PowerPoint.
Head Office, Ahmedabad, GJ, IN, 380054