Sr Specialist - API Sourcing, Strategic Procurement

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.

1) Responsible for Commercial Sourcing of APIs for Global Mfg. Organisation (Global Generics) for all India based sites.

2) Handling the Strategic Procurement process on End-to-End basis i.e handling RFI/RFQ process, vendor negotiations, creation of PO’s/Contracts etc to ensure timely Availability of materials.

3) Support the Category/Functional head in handling Source selection & development process, managing Supplier Relationships, building Category Strategy sheets, Spend Analysis, implementing Procurement strategies.

4) Working collaboratively with all CFT’s like MSAT, AR&D, Mfg., Planning, RA, QC/QA, IPM etc in handling both technical & commercial related sourcing activities, and engage with the required stakeholders for timely completion of activities/projects.

5) Active involvement in identification & selection of sources for Derisking & Alternate vendor development projects, building Risk mitigation plans by analysing the current & future business requirements, and Supply Chain strategies. Prepare business cases for project approvals by acquiring & analysing market information/data/market assessment.

6) Inventory management - Optimizing inventory levels across all APIs of Global Generics and taking necessary initiatives towards reduction of Lead-Times, MOQ etc

7) Supporting Category Head in meeting OE Targets incl. Savings plans, analysing market changes that determines product availability, pricing conditions, demand-supply gaps etc and tracking such changes that effects product availability/lead-times & key indices affecting API prices.

8) Vendor Management - Arranging Vendor audits, Qualification/requalification process, resolving rejection/technical challenges if any, CAPA management, DCO, Payment terms etc.

9) Ensure compliance to cGMP, FDA guidelines etc, Procurement KPIs and supporting ESG & Sustainability initiatives, Digitization in procurement process, S2P process etc.

Ideal candidate should be B.Tech/B Pharm/MPharm and MBA is a must with specialization in Supply Chain/Operations, and having a relevant work experience of min. 10 years in Supply Chain/Sourcing/Vendor Management.

About the Department

Global Manufacturing Organisation (GMO)

At Dr. Reddy's Laboratories, we are dedicated to making a meaningful impact on global healthcare through precision manufacturing and innovation. With a legacy of excellence, we are a leading force in the pharmaceutical industry.

We operate 19 state-of-the-art manufacturing plants across Hyderabad, Vizag, Baddi, Mexico, Shreveport, and Mirfield, comprising 8 OSD facilities, 3 Injectables facilities, and 8 API facilities.

Benchmarking manufacturing processes and continuous operational excellence are at the core of our capability to deliver quality medicines to our patients in 66 countries. We manufacture a portfolio of complex APIs and 1,150+ drug master files across key therapy areas such as Oncology, Cardio-vascular, Central Nervous System and Anti-Diabetes. The World Economic Forum has recognised our largest manufacturing facility in Bachupally, Hyderabad, as part of its Global Lighthouse Network. We aspire to be the most efficient pharma operations in the world. Our productivity improvement and digitalisation efforts are key to staying competitive, meeting business imperatives, and meeting our ambitious ESG goals. Building such ‘factories of the future’ is integral to innovation and to build healthcare of the future.

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/#!/