Purchase / Procurement Specialist

Job Description Only candidates based in Mumbai will be considered. Job Title: Purchase / Procurement Specialist Department: Purchase Qualification: Graduate, PG Experience: 5-8 years Job Type: Full-time Salary: ₹30,000 - 50,000 per month Preference : Male candidate Job Responsibility Purchasing & Order Management: Manage the procurement of pharmaceutical products based on forecasts and inventory needs. Place and track orders, ensuring accurate and timely deliveries. Approve purchase requisitions from departments. Supplier Relations: Build and maintain relationships with suppliers to secure favorable terms. Negotiate pricing, delivery terms, and address supplier issues. Inventory Management: Monitor stock levels and initiate orders to avoid shortages/excess. Work with inventory teams to maintain optimal stock levels and expiration management. Compliance & Regulatory Adherence: Ensure purchased products comply with GMP, FDA, and other regulations. Maintain accurate purchase records in line with legal requirements. Market Research & Analysis: Stay updated on market trends, pricing, and new developments. Identify cost-saving opportunities and evaluate supplier performance. Documentation & Reporting: Maintain purchase order records and submit regular reports on purchasing activities. Cross-functional Collaboration: Work with sales, marketing, and logistics to ensure timely product availability. Skills Strong negotiation and vendor management skills. Analytical abilities to assess trends and cost-saving opportunities. Knowledge of pharmaceutical products and regulatory requirements. Proficient in procurement software and Microsoft Excel. Experience Experience in the Pharmaceutical Industry (preferred): Previous experience in procurement, supply chain, or inventory management within the pharmaceutical or healthcare industry is highly advantageous. Procurement Experience: At least 5-8 years of relevant experience in procurement, with experience in negotiating contracts, managing vendors, and handling procurement. Requirements Pharma Procurement Vendor development Show more Show less