Assistant Manager
Procurement, Supply Chain & Event Management
Responsibilities:
- Vendor Management:
- Assist in identifying, evaluating, and selecting suppliers/vendors based on quality, cost, reliability, GMP certifications and other factors.
- Negotiate costs, rates and terms of payments initially before the Finance & Accounting takes care of it.
- Negotiate contracts and agreements with vendors to secure favorable terms and conditions.
- Maintain strong relationships with vendors to ensure timely delivery of goods and services.
- Manage KPI’s and customer requirements
- Procurement Planning and Execution:
- Collaborate with overall functions & departments to understand their procurement needs and requirements. Collaborate PSC&EM and F&A for effective and smooth execution on the synergy of the functional work.
- Develop procurement plans and strategies to meet the company’s short-term and long-term objectives.
- Execute procurement activities, including sourcing, purchasing, and order processing, in accordance with company policies and procedures.
- Inventory Management:
- Monitor inventory levels and usage patterns to identify opportunities for optimization and cost savings.
- Coordinate with warehouse and logistics teams to ensure efficient storage, handling, and distribution of procured items.
- Implement inventory control measures to minimize stock-outs and excess inventory.
- Compliance and Risk Management:
- Ensure compliance with regulatory requirements and industry standards related to procurement practices, particularly in the pharmaceutical grades, specifications, quality standards, accreditations of the manufacturers & suppliers.
- Identify and mitigate procurement-related risks, such as supply chain disruptions, quality issues, and compliance lapses.
- Ensure compliance with all relevant regulations and quality standards (e.g., cGMP)
- Date Analysis and Reporting:
- Collect, analyze, and interpret procurement data to identify trends, patterns, and opportunities for improvement.
- Prepare regular reports and presentations for management, highlighting key performance metrics, cost savings, and other relevant insights.
- Ensure Data/File/System are kept properly and recorded within the department.
- Prepares procurement weekly and quarterly report.
- Process Improvement:
- Continuously review and optimize procurement processes to enhance efficiency, effectiveness, and cost-effectiveness.
- Recommend and implement process improvements, automation tools, and best practices to streamline procurement operations.
- Collaborate with cross-functional teams to drive procurement process improvements and promote a culture of continuous improvement.
- Stay up-to-date on industry trends and best practices in pharmaceutical procurement.
- Leadership and Development:
- Provide guidance, support, and mentorship to procurement team members, fostering a culture of collaboration, accountability, and continuous learning.
- Lead by example and promote a positive work environment conducive to high performance and employee satisfaction.
- Supply Chain Coordination:
- Liaise with suppliers, manufacturers, and logistics partners to coordinate inbound shipments and ensure timely delivery of raw materials and finished products.
- Evaluate supplier performance and reliability to minimize supply chain disruptions and maintain continuity of product supply.
- Drafting Procurement Policy and Strategy:
- Assist in developing and implementing sourcing strategies for various procurement categories specific to the pharmaceutical industry (e.g., raw materials, lab equipment, packaging supplies)
- Operational/Master Budget Preparation
- Assist in the preparation of operational/master budget.
- Event Management:
- Plan, organize, and execute various events in accordance with functional/company requirements.
- Coordinate logistics, venue selection, and participant engagement to ensure successful events.
- Collaborate with internal and external stakeholders to align event objectives with organizational goals.
- Manage event budgets and ensure cost-effective delivery while maintaining high standards of quality and impact.
Job Specification:
Professional Competencies:
- Masters/Bachelor’s degree in Business Administration, Supply Chain Management, Pharmaceutical Sciences or a related field.
- Proven experience in procurement, preferably within the pharmaceutical or healthcare industry.
- Strong understanding of procurement principles, practices, and regulations.
- Excellent negotiation, communication, and interpersonal skills.
- Proficiency in procurement software and tools, such as ERP systems, e-procurement platforms, and data analytics tools.
- Ability to multitask, prioritize workload, and work effectively under pressure.
- Analytical mindset with a keen eye for detail and accuracy.
- Leadership qualities with the ability to inspire and motivate team members.
- Commitment to integrity, ethics, and professionalism in all aspects of procurement activities.
Behavioral Competencies:
- Integrity (Instils trust)
- Authentic – communication, behavior & actions
- Customer focus.
- Manage the professional & procedural ambiguity
- Plans & alignment with actionable.
- Courageous and soundly confident.
- Flexibility & adaptability.
- Collaborative & building networks.
- Drives business results.
- Strategic & analytical mindset.
- Hard working & practices prioritization.