Job Summary:
Overseeing and managing the foreign procurement activities within the procurement team, ensuring the effective sourcing and purchasing of materials in a cost-effective and timely manner. This role involves leading the procurement team, developing supplier relationships, participating in new products development, and ensuring compliance with company policies and industry regulations.
Duties & Responsibilities:
- Develop and implement foreign procurement strategies aligned with company objectives.
- Lead and supervise the procurement team, assign tasks and set performance goals with their KPIs.
- Lead foreign procurement activities for raw materials, active pharmaceutical ingredients (APIs), packaging materials, and new projects ensuring compliance with GMP and regulatory standards.
- Regularly monitor the foreign procurement team’s performance through daily and weekly reports to ensure system integrity in ERP.
- Manage and evaluate supplier performance, negotiate contracts, and foster long-term partnerships.
- Coordinate with other departments (e.g., Finance, Operations, Logistics) to understand material and service requirements.
- Monitor foreign procurement KPIs (cost savings, lead times, supplier reliability, etc.) and report progress to management.
- Handle complex purchasing transactions via several proposed alternatives to be approved by the Manager.
- Oversee sourcing and purchasing activities along with relevant vendor selection criteria.
- Mitigate supply chain risks and ensure continuity of supply.
- Identify opportunities with the procurement team for process improvement through implementing new platforms/systems.
- Coordinate with the Business Development and R&D teams in identifying sourcing options for new product development (NPD) and ensure timely material availability for trials and launch.
- Participate in cross-functional NPD meetings to provide procurement input on timelines, sourcing strategies, and material availability.
- Interfere in early product design phase, to ensure end-to-end supply chain efficiency, proactively recommend cost-effective design improvements, and support a lean supply chain strategy.
- Work with costing and business development functions to provide cost estimates and procurement-related inputs for profitability and pricing models.
Qualifications:
Experience:
- 9-12 years of experience in procurement in the pharmaceutical or healthcare industry, with at least 2 years in a leadership role.
- Minimum 2 years of experience in international / foreign procurement is a must.
Education:
- Bachelor’s degree in Pharmaceutical Science.
- MBA is a plus
Training:
- Professional certification such as CIPS, CPSM, or PMP is preferred
Knowledge:
- Strong understanding of procurement and supply chain principles, policies, and best practices.
- Professional certification such as CIPS, CPSM, or PMP is preferred
- Familiarity with sourcing strategies, contract law, and vendor management.
- Proficient in procurement and ERP systems (e.g., SAP, Oracle, Microsoft Dynamics).
- Excellent communication and interpersonal skills.
- Knowledge of local and international market dynamics.
- Understanding of import/export regulations and logistics (if applicable).
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