Purchase Manager

Position: Purchase Manager – Finished Goods ProcurementCompany: Dr. D Pharma

Location: Panchkula, Haryana

Department: Purchase & Supply Chain Management

Reporting To: Director / Management

DRD Pharma is looking for an experienced Purchase Manager to manage the procurement of pharmaceutical finished goods from third-party manufacturers. The candidate will be responsible for ensuring timely product availability, maintaining vendor relationships, negotiating prices, managing inventory, and coordinating with internal departments for smooth procurement operations.

Key Responsibilities

• Handle end-to-end procurement of pharmaceutical finished goods.
• Coordinate with third-party manufacturers for production planning and timely deliveries.
• Prepare and release Purchase Orders (POs).
• Develop and maintain relationships with existing and new vendors.
• Negotiate prices, payment terms, and delivery schedules with suppliers.
• Monitor inventory levels and plan purchases to avoid stock shortages or excess inventory.
• Follow up with manufacturers regarding production status and dispatch schedules.
• Coordinate with Sales, Warehouse, Dispatch, QA/QC, and Accounts departments for smooth operations.
• Ensure all products are procured from approved vendors and meet company quality standards.
• Maintain purchase records, quotations, invoices, and other procurement documents.
• Resolve issues related to delayed deliveries, shortages, or damaged products.
• Prepare purchase reports and provide regular updates to management.
• Identify opportunities for cost savings without compromising product quality.
• Required SkillsStrong negotiation and vendor management skills.
• Good knowledge of pharmaceutical finished goods procurement.
• Excellent communication and coordination skills.
• Strong analytical and problem-solving abilities.
• Good knowledge of MS Excel and ERP/Tally or other inventory management software.
• Ability to work under pressure and manage multiple vendors simultaneously.

Experience

• Minimum 1 years of experience in pharmaceutical purchase.
• Must have hands-on experience in Finished Goods procurement.
• Experience in PCD Pharma or Third-Party Manufacturing companies will be preferred.