Agm Purchase
Current• Handling the entire procurement Raw Material (API & Excipients) and Packing material activities for Semi - Regulated Market.• Sourcing Raw material & packing material for new product development with all necessary documentation which compiles the regulatory norms.• Identifying the potential Suppliers Raw materials & packing materials for alternate vendor development & as well as for new products.• Negotiating the rates for existing products by procuring the material through annual contracts. • Keep constantly apprised of economic / a business situation as they affect purchasing policy; makes recommendations to adequately meet those changing conditions.• Ensuring the regular supplies of material to meet the production requirement from PPIC by avoiding the production loss.• Develop and update department procedures and recommend changes to related organizational standard practices.• Analyze current procurement activities and recommend improvement through more efficient procurement methods, quantity discounts, standardization, value analysis and cooperative purchasing.• Ensuring the payments are released in the right time to the suppliers as this will result in the stoppage for material dispatches.• Preparing the yearly budget in order to show the forecasting of the price ranges to the management & making the bulk orders for cost saving.• Interview current suppliers to improve levels of service & vendor relationship.• Preparing statistics to measure commodity and supplier performance for Vendor Evaluation & Rating to do effective sourcing.