Senior Purchase Executive
Derivate Labs Private Limited
Senior Purchase Executive
Derivate Labs Private Limited
Madhapur, Hyderabad
₹50,000 - ₹65,000 monthly
Fixed
₹50000 - ₹65000
Earning Potential
₹65,000
Job Details
Interview Details
Job highlights
Urgently hiring
109 applicants
Benefits include: Annual Bonus, PF, Petrol Allowance, Mobile Allowance, Laptop, ESI (ESIC)
Job Description
Job Description – Senior Purchase Executive
Company: Derivate Labs Private Limited
Industry: Pharma Intermediates / API Manufacturing
Location: Hyderabad
Department: Purchase & Supply Chain
Role Summary:
Derivate Labs is looking for an experienced Senior Purchase Executive to handle end-to-end procurement for a pharma/API manufacturing setup, including domestic and China raw material sourcing, solvents, intermediates, engineering items, consumables, transport coordination, vendor development, indents, ERP entries, and purchase documentation.
- Key ResponsibilitiesProcure raw materials, KSMs, solvents, intermediates, packing materials, engineering spares, consumables, lab chemicals, glassware, QC items, and plant maintenance items.
- Handle domestic and China supplier sourcing, price negotiation, comparison statements, quotation evaluation, and purchase order finalization.
- Coordinate with Production, QC, QA, Stores, Engineering, Accounts, and Management for material planning and timely procurement.
- Manage purchase indents from departments and convert them into approved purchase orders.
- Work on Focus ERP / equivalent ERP software for indents, PO creation, GRN coordination, vendor records, inventory tracking, and purchase MIS.
- Arrange transport/logistics for raw materials and finished/intermediate materials, including transporter coordination and delivery follow-up.
- Track pending orders, advance payments, PDC/payment terms, credit limits, dispatch status, and material receipt.
- Develop and maintain a strong vendor database for RM, solvents, engineering, fabrication, civil, QC instruments, AMC, transport, scrap, and China suppliers/import agents.
- Ensure vendor qualification documents, COA, MSDS, GST, bank details, and compliance documents are collected and maintained.
- Negotiate best prices while ensuring quality, delivery reliability, credit terms, and continuity of supply.
- Monitor market trends for key raw materials, solvents, and China imports and alert management on price fluctuations.
- Coordinate with stores for stock levels, reorder planning, slow-moving/non-moving stock, and emergency requirements.
- Support audits by maintaining proper purchase records, vendor documents, and traceability.
- Required Experience 6-10 years experience in purchase/procurement, preferably in pharma API/intermediates/chemical manufacturing.
- Strong experience in raw material and solvent procurement.
- Knowledge of China imports, traders, high-seas purchase, import documentation, and logistics preferred.
- Experience in Focus ERP / SAP / Tally / Odoo / equivalent ERP.
- Good vendor network in pharma chemicals, solvents, engineering items, and plant consumables.
- Skills RequiredStrong negotiation and vendor management skills.
- Good knowledge of pharma/chemical raw materials and market pricing.
- Ability to manage urgent plant requirements.
- ERP discipline and documentation accuracy.
- Good communication with suppliers, transporters, internal departments, and management.
- Ability to prepare purchase MIS, comparison sheets, pending PO reports, and vendor trackers.
- Preferred Candidate from API / pharma intermediates / bulk drug / chemical manufacturing background.
- Should be practical, cost-conscious, and capable of handling both routine and emergency procurement.
- Must be able to work with production pressure, credit constraints, and fast-changing RM prices.
- Should have strong follow-up ability and ownership of material availability.
Reporting ToManagement / Director / Plant Head
CompensationAs per experience and industry standards.
Job role
Work location
Derivate Labs Private Limited, North, Jubilee Enclave, HITEC City, Hyderabad, Telangana, India
Department
Purchase & Supply Chain
Role / Category
Procurement & Purchase
Employment type
Full Time
Shift
Day Shift
Job requirements
Experience
Min. 5 years
Education
Graduate
English level
Good (Intermediate / Advanced) English
Gender
Any gender
About company
Name
Derivate Labs Private Limited
Address
Derivate Labs Private Limited, North, Jubilee Enclave, HITEC City, Hyderabad, Telangana, India
Job posted by Derivate Labs Private Limited
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