Sr. Manager – Procurement

Job Description

Job summary:

Responsible for developing and implementing strategic sourcing strategies to ensure competitive pricing and high-quality materials. This role involves establishing and managing supplier relationships, negotiating contracts, and ensuring compliance with company standards. Additionally mentors a procurement team, fosters collaboration, and drives continuous improvement in procurement processes. Cost management is a key focus, requiring the analysis of market trends and budget management to reduce costs while maintaining quality. The position also necessitates engagement with stakeholders to align procurement strategies with organizational needs, identifying and mitigating supply chain risks, and preparing reports to analyze procurement data for informed decision-making.

Responsible for End-to-End sourcing & Purchasing processes for the below:

  • Direct Materials (APIs, Excipients, Packaging,etc)
  • Indirect Materials (Lab & Warehousing Consumables, Spare parts, ..etc)
  • CAPEx
  • Services

Main Responsibilities

  • Strategic Sourcing: Develop and implement sourcing strategies to ensure competitive pricing and high-quality materials.
  • Supplier Management: Establish and maintain relationships with suppliers, negotiating contracts and managing performance to ensure compliance with the company’s standards.
  • Team Leadership: Lead and mentor a procurement team, fostering a collaborative environment and driving continuous improvement in procurement processes.
  • Cost Management: Analyze market trends and manage budgets to reduce costs while maintaining high-quality supply.
  • Stakeholder Engagement: Collaborate with other departments and stakeholders to understand their procurement needs and align strategies accordingly.
  • Risk Management: Identify potential risks in the supply chain and develop mitigation strategies to ensure uninterrupted supply and operational efficiency.
  • Reporting and Analysis: Prepare reports and analyze procurement data to inform decision-making and strategy adjustment.
  • Policy Development: Create and implement procurement policies and procedures to ensure compliance with legal regulations and corporate governance
  • Market Research: Conduct thorough market research to identify new suppliers and assess potentials for innovation and collaboration in procurement practices.
  • Budget Development: Assist in preparing the procurement budget and monitor expenditures to ensure optimal allocation of resources.
  • Performance Metrics: Establish key performance indicators (KPIs) for procurement activities to measure efficiency and efficacy continually.
  • Contract Management: Oversee the lifecycle of contracts from negotiation to execution, ensuring favorable terms and compliance.

Core Competency

  • Excellent communication skills with all levels of organization.
  • Minimum 10 years related experience in procurement.
  • Having an Analytical mind with strong attention to detail.
  • Solid SAP Experience
  • Strong problem-solving and analytical skills.
  • Supplier Relationship Management
  • Leadership and Team Management

Qualification/Functional knowledge

  • Bachelor’s degree in pharmacy.
  • +10 years related experience in procurement and supply chain.
  • Professional certifications such as CIPS, CPIM, CPSM ,…etc
  • Demonstrated experience in strategic sourcing, contract negotiation, supplier management, and risk mitigation.
  • Extensive knowledge of global procurement processes and best practices.
  • Expertise in budget management, cost reduction strategies, and financial analysis.
  • In-depth knowledge of procurement software and tools (e.g., SAP, , Ariba, etc.).