Senior Buyer/ Sourcing Specialist

Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations. Each of our 24,000 plus employees comes to work every day for one collective purpose: to accelerate access to affordable and innovative medicines because Good Health Can’t Wait.

We started in 1984 with a modest investment, 20 employees and a bold vision. Today, we have research and development centres, manufacturing facilities or a commercial presence in 66 countries. 

For nearly four decades, we have stood for access, affordability and innovation based on the bedrock of deep science, progressive people practices and robust corporate governance. As the pharmaceutical industry evolves and undergoes disruption, we see an opportunity – to strengthen our core further (the next steps) and to build the future (the new bets).

‘The Next and the New’ is how we aim to continue to be the partner of choice – purpose-driven, future-ready and sustainable.  Our aim is to reach over 1.5 Bn+ patients across the world by 2030 by growing our core businesses and building for the future with sustainability at the core of our purpose and strategy. Sustainability for us means operating in a manner that respects people, planet and purpose – helping us conserve precious resources, serve our patients, create value for stakeholders, give back to society, fulfil our potential and maintain our integrity and transparency

Dr Reddy’s maintains a work environment, free from discrimination and is an equal opportunity employer. We are committed to employ & nurture all qualified diverse workforce without regard to race, colour religion, nationality, sex, age, disability status, genetics, sexual orientation, gender expression, citizenship or any other characteristic or classification protected by applicable law(s) of the country we operate in. We treasure every talent, and recognize merit and diversity in our organization.

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 preparing & maintaining sourcing data base and also do sourcing analytics 

Educational qualification: A 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 Management

Skills & 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. Reddy’s we actively help to catalyse your career growth and professional development through personalised learning programs.
The benefits you will enjoy at Dr. Reddy’s 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. Reddy’s why they come to work every day and they’ll say, because Good Health Can’t 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 we’re 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/#!/