Toreva Pharmaceuticals Pvt.Ltd.

Assistant Manager

Procurement, Supply Chain & Event Management

Responsibilities:

  1. 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
  1. 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.
  1. 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.
  1. 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)
  1. 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.
  1. 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.
  1. 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.
  1. 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.
  1. 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)
  1. Operational/Master Budget Preparation
  • Assist in the preparation of operational/master budget.
  1. 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.