Purchase Manager

About Farlex Pharmaceuticals Pvt. Ltd.

Farlex Pharmaceuticals Pvt. Ltd. is an expanding pharmaceutical company focusing on PCD Pharma Franchise, Third-Party Manufacturing, and Contract Manufacturing, dedicated to delivering superior pharmaceutical products through effective vendor partnerships and streamlined supply chains.

Job Overview

We seek a Purchase Manager with substantial experience in the PCD Pharma sector to oversee procurement of pharmaceutical and packaging materials, ensuring timely, cost-effective sourcing while fostering strong supplier relationships.

Primary Responsibilities

• Oversee the complete procurement cycle for pharmaceutical products and packaging supplies.
• Identify, assess, and cultivate dependable vendors and manufacturers.
• Solicit quotes, evaluate prices, negotiate terms, and complete purchase orders.
• Ensure timely acquisitions to prevent stock shortages and production interruptions.
• Maintain and develop vendor relationships and onboard new suppliers as needed.
• Collaborate with Sales, Marketing, Warehouse, Accounts, and Production teams regarding procurement needs.
• Monitor inventory levels and plan purchasing activities accordingly.
• Guarantee product quality and adherence to regulatory standards during sourcing.
• Track orders and coordinate with vendors to ensure timely delivery.
• Address vendor-related challenges involving quality, pricing, delivery, and record-keeping.
• Prepare detailed reports on purchases, vendor performance, and procurement management information systems.
• Manage procurement costs effectively while maintaining high-quality standards.
• Keep accurate documentation including purchase records, agreements, and invoices.
• Stay informed on market trends, price volatility, and new pharmaceutical offerings.

Required Qualifications and Experience

• Bachelor's degree in Pharmacy, Science, Commerce, Business Administration, or related fields.
• Minimum of 3 to 4 years experience in pharmaceutical procurement within the PCD Pharma domain is mandatory.
• Comprehensive understanding of pharmaceutical purchasing processes, including medicines and packaging.
• Proven ability in vendor management and inventory control.
• Strong negotiation, communication, and interpersonal skills.
• Proficient with MS Excel, MS Office, ERP, and procurement software tools.
• Capability to perform under pressure and meet strict procurement timelines.

Key Skills

• Vendor development and supplier relationship management.
• Strategic purchase planning and cost negotiation.
• Inventory oversight and supply chain coordination.
• Analytical thinking and decision-making ability.
• Documentation management and compliance.
• Effective time management and team collaboration.
• Problem-solving and communication excellence.

Key Performance Indicators

• Ensuring timely procurement of necessary materials.
• Securing cost savings through negotiation strategies.
• Maintaining strong vendor performance and relationships.
• Optimizing inventory levels to prevent shortages.
• Achieving punctual delivery of purchase orders.
• Ensuring accuracy and compliance in procurement documentation.
• Reducing emergency procurement scenarios.
• Enhancing vendor responsiveness and issue resolution.

Why Work with Farlex Pharmaceuticals?

• Be part of a rapidly growing pharmaceutical company.
• Engage in a professional and cooperative working environment.
• Opportunities for career advancement and professional growth.
• Performance reward programs and formal recognition.
• Gain exposure to PCD Pharma and Contract Manufacturing operations.

Additional Details

Location: 5th Floor, Plot No. 7, IT Park, Sector-22, Panchkula, Haryana-134109

Employment Type: Full-Time

Interested applicants should submit their resumes to the HR department.