Managing materials sourcing and purchasing economically and efficiently to achieve targeted results in line with the organization goals through effective: a) Supply Management b) Quality Management c) Service Management d) Supplier Management e) Risk Management f) Alteative Source Development and g) Team building Scope : Raw Materials Packing Materials R&D Materials Transfer Pricing Arrangement materials Duties and Responsibilities: a) Review and develop purchase policies and procedures and practices from time to time in line with company objectives and ensuring compliance of the same. b) Guiding the team in preparing materials & expenditure budget to workout long & short term procurement strategies. c) Evaluating and preparing Purchasing and Negotiation Strategies, considering the requirements and market conditions for each category of materials with major emphasis on cost, quality and service. d) Deciding annual rate contracts for materials having tolerable price fluctuation and allocating appropriate share of business based on previous year performance evaluation and price finalization. e) Creating competitive environment among approved vendors through monitoring price trend of materials having high price fluctuations to achieve best price on month to month basis f) Deciding and procuring new materials, either from existing source or from new source for new product development by working closely with R&D / ANDA project teams. g) Evaluating material standardization, specification development, substitute material development, material quality improvement & supplier performance improvement by working with CFT in the organization. h) Developing strategic supply partners with collaborative approach to achieve cost optimization and process integration. i) Guiding the team in developing and maintaining procurement & material data systems for necessary decision making. j) Working with Packaging Development and key vendors to develop new design, new materials, new packing methodology to achieve cost reduction, improving packing aesthetics. k) Developing Global Source to have cost & technical advantage. l) Thorough understanding of all kinds of Import processes. m) Ensuring strict compliance of supplier qualification, auditing process to achieve supply, quality and service reliability. n) Periodical meetings with CFT & Suppliers to review and share technical knowledge for improvement. o) Rationalizing Vendor base to improve efficiency and to reduce risk factors associated with Vendors. p) Monitoring and exercising control on material prices to achieve optimum transfer price of the product. q) Guiding and assisting the team in developing alteative vendors for existing Raw & Packing materials. r) Guiding and developing purchasing personnel, at all levels in application of procurement and value analysis techniques, legal & audit procedures. s) Setting targets to the team and self on KRA in line with company goals and assisting the team in achieving the set targets through periodical reviews. t) Support to Plan and Plan actualization team for critical material availability and quality issues and inventory management. u) System development and improvement for appropriate information to costing, methodology, self-certification process by vendor, purchase performance review, on line information for review meetings, on line information of new materials & developments for ready reference by marketing and R& D department. v) Identifying the skill needs of team members and organizing required training to improving the same. Minimum Requirement : Any Graduate / PG with specialization in Material Management. Knowledge on Pharma Business, Regulatory Pharma Compliance requirement related to industry segment Raw / Packing Materials. Good Experience in handling of Vendor Development, Vendor Management & Negation of Raw Materials, Packing Materials. Excellent Leadership, communication, presentation, Interpersonal, Relationship building skills are required. Good Knowledge on local and global sources and market trends. Sound Knowledge on SAP MM Module.