Senior General Manager - Purchase - Engineering Procurement & Capex - Pharma

Title : Sr.General Manager

Location : Hyderabad

Department - Engineering Procurement

Division - Formulation (Pharmaceutical Company)

- Responsible for leading and managing the Engineering Procurement function within the organization. Develop and implement strategic procurement plans to ensure the timely and cost-effective acquisition of goods and services required for engineering projects. The role will involve collaborating with various internal stakeholders, external vendors, and cross-functional teams to optimize procurement processes and drive operational efficiency.

Responsibilities:

- Develop and implement procurement strategies aligned with the organization's objectives and goals.

- Lead and manage the procurement team, providing guidance, mentoring, and performance feedback.

- Oversee the entire procurement process, including sourcing, supplier selection, contract negotiation, and supplier relationship management.

- Identify cost-saving opportunities and implement strategies to achieve cost-reduction targets without compromising quality or delivery timelines.

- Collaborate with engineering teams to understand their procurement needs, specifications,and project timelines.

- Evaluate and select suppliers based on their capabilities, quality standards, delivery schedules, and pricing.

- Negotiate contracts and terms with suppliers to ensure favorable pricing, payment terms,and service levels.

- Establish and maintain strong relationships with key suppliers to ensure a reliable and consistent supply of goods and services.

- Monitor and analyze procurement metrics and KPIs to identify areas for improvement and implement corrective actions.

- Stay updated with industry trends, market conditions, and technological advancements to drive innovation and efficiency in procurement processes.

- Ensure compliance with applicable laws, regulations, and ethical standards in procurement activities.

- Collaborate with other departments, such as finance, legal, and operations, to align procurement activities with overall organizational objectives.

- Drive continuous improvement initiatives to enhance procurement processes, systems, and tools.