Procurement Manager

About the job

Job Summary: A strategic procurement professional who takes full ownership of end-to-end sourcing of APIs, intermediates, excipients, and packaging materials across Commercial (Business Development) and R&D functions. This is a high-impact role responsible for vendor governance, cost optimization, supply assurance, regulatory compliance, and supporting New Product Development (NPD) initiatives. Key Responsibilities 1. Direct Procurement & Strategic Sourcing - Manage procurement of direct materials: APIs, intermediates, excipients, and packaging materials for commercial and development requirements. - Develop and execute sourcing strategies aligned with quality, regulatory, and financial objectives. - Identify and onboard alternate/secondary sources to mitigate supply risks. - Manage the complete vendor lifecycle across domestic and global supplier bases. 2. Budgeting, Cost Optimization & Commercial Ownership - Own procurement budgets and monthly forecasting for direct categories. - Drive cost savings through: - Cost modeling - Vendor consolidation - Strategic negotiations - Long-term contracting - Value engineering initiatives - Collaborate with Finance and Supply Chain teams to monitor cost variances and ensure budget adherence. 3. Supplier Management & Quality Compliance - Develop and maintain Supplier Quality Agreements (SQAs). - Ensure SOP adherence and regulatory compliance (GMP, cGMP, FDA, SEZ/EOU). - Lead vendor audits, supplier performance reviews, and scorecard management. - Conduct commercial due diligence and implement vendor diversification strategies to mitigate risk. 4. Support for New Product Development (NPD) - Partner with R&D, Regulatory Affairs (RA), Manufacturing, and Commercial teams during: - Development phase - Tech transfer - Scale-up activities - Ensure timely availability of trial materials, validation batches, and regulatory documentation. - Proactively plan sourcing for new formulations and backward integration initiatives. 5. SOPs, Documentation & Reporting - Maintain procurement SOPs and documentation to ensure audit readiness. - Utilize SAP MM for: - Vendor master management - PO processing & tracking - Spend analytics & dashboards - Generate reports on: - Spend analysis - Savings realization - Lead times - Procurement KPIs Skills & Competencies Required - Procurement Systems: SAP MM - Regulatory Knowledge: GMP, cGMP, FDA, SEZ/EOU compliance - Commercial Acumen: Budgeting, RFQ/RFP management, contract negotiation - Supplier Management: Audits, performance scorecards, SLA governance - Documentation Expertise: SQAs, SOPs, contracts, change notifications - Analytical Skills: Cost optimization, risk assessment, scenario planning - Stakeholder Management: Cross-functional collaboration (QA, RA, R&D, Commercial/BD) Qualifications - Bachelor’s degree in Pharmacy / Chemistry / Life Sciences / Engineering / Supply Chain Management - MBA (Supply Chain / Operations / Finance) preferred - 8–12+ years of experience in direct procurement within the pharmaceutical industry - Experience handling APIs and regulated market sourcing preferred.

Requirements

• Procurement
• Vendor Management
• Cost Optimization
• Regulatory Compliance

Qualifications

• Bachelor’s degree in Pharmacy / Chemistry / Life Sciences / Engineering / Supply Chain Management
• MBA (preferred)

Preferred Technologies

• Procurement
• Vendor Management
• Cost Optimization
• Regulatory Compliance

About the company

Naari Pharma Pvt Ltd. is involved in strategic procurement for APIs, intermediates, excipients, and packaging materials, focusing on vendor governance and cost optimization.