Purchase Executive job vacancy at Mumbai in Millennium Herbal Care Limited

Job Description: Raw Material Procurement Executive – Pharmaceutical Industry

Candidates having relevant experience in Pharmaceutical shall only be considered for hiring process

Job Title
Raw Material Procurement Executive

Department
Procurement / Supply Chain

Reporting To
Procurement Manager / Supply Chain Head

Job Summary

The Raw Material Procurement Executive is responsible for sourcing, purchasing, and ensuring timely availability of pharmaceutical raw materials, packaging materials, and consumables required for manufacturing operations.

The role involves vendor management, negotiation, inventory coordination, regulatory compliance, and cost optimization while maintaining GMP and quality standards.

Key Responsibilities
• Procure pharmaceutical raw materials, APIs, excipients, solvents, and packaging materials as per production requirements.
• Generate and process Purchase Orders (POs) in Tally Prime.
• Coordinate with production planning, warehouse, QA/QC, and vendors for timely material availability.
• Maintain optimum inventory levels to avoid stock-outs and excess inventory.
• Identify, evaluate, and develop new suppliers/vendors.
• Negotiate pricing, delivery schedules, payment terms, and contracts with suppliers.
• Ensure procurement complies with GMP, regulatory, and company quality standards.
• Track material deliveries and resolve supply chain issues or delays.
• Maintain procurement records, vendor databases, quotations, and documentation.
• Monitor market trends, raw material prices, and supplier performance.
• Coordinate with QA for vendor qualification and material approvals.
• Prepare procurement MIS reports and cost analysis reports.
• Ensure adherence to budget and procurement policies.

Required Qualifications
• Bachelor’s degree in Pharmacy, Chemistry, Supply Chain, Business Administration, or related field.
• MBA/PGDM in Supply Chain or Materials Management preferred.
• 5–7 years of procurement experience in pharmaceutical or healthcare manufacturing industry.

Required Skills
• Knowledge of pharmaceutical raw materials and supply chain processes.
• Understanding of GMP, regulatory requirements, and vendor qualification.
• Strong negotiation and communication skills.
• Analytical and problem-solving abilities.
• Vendor management and inventory planning skills.

Preferred Experience
• Experience in API/formulation manufacturing procurement.
• Exposure to import procurement and regulatory documentation.