Procurement Formulation - Sr. Executive/ Manager

About the Company:  Our client is a leading pharmaceutical company in India with a strong presence in domestic and international markets. The organization has a diversified portfolio across OSD (Oral Solid Dosage), Sterile Injectables, and OTC products, catering to multiple regulated markets.

Key Responsibilities:

• Strategic Sourcing & Vendor Management: Identify, evaluate, and develop potential suppliers based on quality, reliability, and cost-effectiveness. Maintain the Approved Vendor List (AVL) and conduct supplier performance reviews.
• Techno-Commercial Negotiations: Negotiate prices, payment terms, and delivery timelines, aiming for cost reduction without compromising quality.
• Purchase Order & Contract Management: Create, issue, and manage Purchase Orders (POs) and Rate Contracts (RCs) within ERP systems (e.g., SAP/Ivalua). Ensure contracts are l...