Sourcing Specialist
- Dr Reddys
- 7 - 12 years
- Hyderabad
- 3 months ago
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Job Description
Job Summary
We are seeking a dynamic and experienced Sourcing Specialist for arranging timely delivery of materials to enable batch executions on time for Research & Development projects, and facilitate vendor evaluation, qualification/approval process. The objective of the role is to implement systems and process enhancements to boost overall efficiency and effectiveness in the sourcing process, while adhering to compliance with regulatory requirements, GMP (Good Manufacturing Practices), and business ethics.Roles & Responsibilities
You will be responsible for the timely availability of materials for Research and Development projects by placing the purchase orders on time and coordinating with logistics for Import clearance, material pickups and deliveries.
You will be responsible for ensuring timely actions are initiated for converting Purchase Request to Purchase Orders.
Your role also involves timely order placement, tracking delivery timelines, and timely escalations to avoid material shortage and enable reduction in lead time.
You will be responsible for coordinating with Project Management team to arrange the samples of materials required for initial evaluation.
You will be responsible for building long-term sourcing strategies to evaluate and select the potential source of supply for each product.
You will be responsible for continuous tracking and monitoring of supply levers such as price arbitrage, volume discounts, and clean sheet costing, as applicable, such that timely actions can be initiated for negotiations.
You will responsible for preparing monthly MIS (Monthly Information System) reports that enables building sourcing strategies and maintaining cost-competitiveness of the products.
You will be responsible for maintaining cordial relationships with vendors, service providers, and partners to obtain better quality and service and prompt commitments on availability of material.
You will be responsible for vendor qualification documents Standards/Impurities to comply with changing regulatory/GMP requirements.
You will be responsible for supporting Quality Assurance, Quality Control, and Regulatory Affair teams for required vendor related documents, material/vendor/product approvals, and addressing any regulatory deficiencies.
You will be responsible for timely closure of open deviations, Good Return-Invoice Return, and open advances as per business/finance requirement and settlement of debits and credits for external partners.
Educational qualification: B.Pharm., M.Pharm., MBA (Supply Chain Management), B.Sc., or B.Tech.Minimum work experience: 5 to 8 years of experience in Procurement or Supply chain ManagementSkills & attributes:
Technical Skills
Basic knowledge of SAP in Material Management module.
Good knowledge of the regulated market, vendors base in pharmaceutical industry.
Good understanding of operations in pharmaceutical industry, generics business, regulatory framework.
Overall understanding of supply chain operations, Management, and logistics.
Recent trends and market intelligence and business dynamics.
Behavioural skills
Excellent communication, negotiation, and interpersonal skills.
Strong analytical and problem-solving abilities with a keen eye for detail.
Ability to work collaboratively in a cross-functional team environment.
Strong Networking skills.
About the Department
Integrated Product Development Organisation
We integrate our deep science capabilities and cutting-edge technology to develop innovative, accessible and affordable therapies for patients worldwide. We are a science-driven, innovation-focused pharmaceutical company committed to accelerating access to healthcare solutions to patients around the world. We have End to end capabilities in API, Formulations, Clinical, Intellectual Property and Regulatory Affairs. We are serving 55+ markets including USA, Canada, Europe, China, LATAM, ASEAN and all Emerging Markets with innovative and generic products ranging from Active pharmaceutical ingredients (API), Oral formulations, Parenteral (Injectables, Opthalmics) & Other dosages
Our product development efforts drive a portfolio of more than 1,000 products Enabled by our robust R&D team consisting of more 200 scientists and functional experts and more than 150 doctorates, we have filed 1,071 patents and also published over 1,000 papers for peer review over the years.
Benefits Offered
At Dr. Reddys we actively help to catalyse your career growth and professional development through personalised learning programs.
The benefits you will enjoy at Dr. Reddys are on par with the best industry standards. They include, among other things and other essential equipment, joining & relocation support, family support (Maternity & Paternity benefits), learning and development opportunities, medical coverage for yourself and your family, life coverage for yourself.Our Work Culture
Ask any employee at Dr. Reddys why they come to work every day and theyll say, because Good Health Cant Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and were always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic.
For more details, please visit our career website at https://careers.drreddys.com/#!/
Job Classification
Industry: Pharmaceutical & Life SciencesFunctional Area / Department: Procurement & Supply ChainRole Category: Procurement & PurchaseRole: Procurement AnalystEmployement Type: Full timeContact Details:
Company: Dr ReddysLocation(s): Hyderabad
Keyskills: sap analytical vendor evaluation end to end costing interpersonal skills networking purchase order sourcing supply chain operations material management materials procurement supply chain management mis negotiation placement technical skills communication skills
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