Career Opportunities: Manager Procurement - APIs and Excipients (5910)

 

Job Purpose

The Manager Procurement is an analytical, delivery-orientated and strategic role with working knowledge of company financials and business levers to optimize outcomes, challenge collaboratively and lead others to deliver the value. Manager Procurement will report to HOD Procurement. Ensure input to and alignment with the creation and execution sourcing strategies, representing the needs of local stakeholders and local markets dynamics, in partnership with the product category teams. Deliver savings as agreed in Strategic Business Objectives, support Business Development in timely launch of new products, Identify supply risks and take actions to mitigate them and ensure 100% compliance with Procurement policies and KPIs.

Education, Skills & Experience

Bachelors, MBA. 4+ years of Pharmaceutical Experience.

The role requires the ability to develop sophisticated commercial procurement strategies that align with the business’s needs and a strong understanding of business and financial analysis will facilitate success. Ability to communicate and liaise with senior management is a must.
 

Basic Job Function:

• Maintaining knowledge of the market, in addition to current prices of Pharmaceutical Raw Materials.
• Planning policies and procedures for efficiently, honestly, economically and productively purchasing goods for supply chain production and operation based on QCDS (Quality, Cost, Delivery, Safety)
• Monitoring, reviewing and analyzing bids and quotes with suppliers, including the negotiation of agreements and contracts
• Overseeing sources for procuring supplies (packaging material and raw material)
• Maintaining company budget and streamlining costs
• Delivering the products to the customers in the most efficient and responsive manner, developing robust processes, cost optimization, payment cycles and monitoring and implementation of KPIs

Responsibilities:

• Overall responsibility for Procurement and Cost Estimating activities across the business
• Develop and maintain a high-performance team that is geared to exceed customer expectations (internal and external), adequately trained, motivated, organized and aligned with business partnering objectives, departmental objectives, which in turn gels with the overall business strategy.
• Create and implement best practice procurement vision, strategy, policies, processes and procedures to aid and improve business performance
• Ensure that procurement strategies and processes are in place to meet business objectives and operational needs in terms of price, quality and delivery targets, which enables the company to function and compete effectively in the market to include: Terms and conditions, supplier selection/de-selection, evaluation and rationalization of supply chain solutions including vendor managed inventory, supplier consignments and safety stock
• Evaluate the challenges faced by the business and act to mitigate risks and develop opportunities
• Contribute to overall business strategy and annual budget process
• Take ownership of the procurement policy, guidelines and any associated documents
• To regularly benchmark & index ICI’s purchasing with industry not only to create value for the company in terms of cost savings but also adaptation of best practices in the industry and identifies new sources.
• Initiate and develop creative and innovative procurement processes (eProcurement)

Eligibility Criteria/Qualification:

• 4 years of relevant experience in procurement and/or operational management.
• Bachelors (Preferably MBA) degree in business management is preferred.
• Strong leadership skills and the ability to direct others according to company standards
• Strong negotiation skills to use for large commercial deals
• Industry knowledge in terms of broad industry dynamics on the buy-side (and the sell-side), but also the internal knowledge and “language of the business”
• Excellent communication skills and listening skills to get the “voice of the internal customer” and to understand the company culture and how to best communicate procurement’s value to it
• Ability to “sell” procurement’s value and to run procurement as a services business
• In-depth knowledge of sourcing and procurement principles and best practices
• Familiarity with relevant legislative and regulatory requirements, as well as understanding of standard contractual terms and conditions to mitigate legal risk
• Strategic mindset and problem-solving skills
• Change management skills and self-awareness to take varying approaches with a dynamic set of stakeholders
• Knowledge of enterprise risk management and business continuity planning
• Analytical mindset, but also creativity to seek, encourage and find non-traditional approaches that have historically “boxed-in” procurement
• Experience with modern sourcing and procurement systems

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