Specialist Excipient Sourcing at Dr Reddy's Laboratories Limited

Hyderabad, Telangana, India -

Full Time

Start Date

Immediate

Expiry Date

18 Jun, 26

Salary

0.0

Posted On

20 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Strategic Procurement, Pharmaceutical Excipients Sourcing, Alternate Vendor Development, Derisking Initiatives, Price Negotiations, Contract Creation, Supplier Relationship Management, Vendor Development, Source Identification, Supply Agreements, Quality Agreements, Vendor Audits, Cost Reduction, Market Analysis, Supply Chain Management, Stakeholder Engagement

Industry

Pharmaceutical Manufacturing

Description

Company Description 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 Description Job Summary: We are seeking an experience and dynamic Specialist – Strategic Procurement for Global Procurement of Pharmaceutical Excipients and managing the Alternate Vendor Development & Derisking initiatives for Excipients category. You will be responsible for floating enquires/RFI’s, holding price negotiations, creating Contracts, driving strategic initiatives, engaging with stakeholders, developing & executing dual-sourcing plans, managing suppliers relationship & monitoring overall performance of the suppliers, coordinating Vendor Development activities, and act as a liaison between internal and external stakeholders to drive business objectives. Key Responsibilities: Responsible for Strategic Procurement of Pharmaceutical Excipients globally on end-to-end basis for GMO (Global Generics). Managing the Alternate Vendor Development (AVD) & Derisking initiatives, and handling the ‘new product launch’ procurement process for Excipients category. Handling the Source identification, Selection and Vendor development process, initiating RFI’s/RFQ’s, Price negotiations, Supply agreements, Quality agreements and facilitating Vendor audits/re-qualification process as per annual business plans/calendar. Liaison & Coordinating with all CFT teams – Supply Chain, Planning, FTL, Mfg., IPDO, RA, QC/QA, IPM etc to ensure availability of materials & Full-kitting on monthly basis for all commercial products/AVD/Launch/post-launch supplies in-line with organisation Business Plans/Strategy. Managing the new launch preparedness, validating supplier readiness incl. its capacities & regulatory status, identifying the demand-supply gaps and expediting the deliveries/shipments/orders to ensure on-time launches. Supporting Category Lead in 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. Vendor Management - Arranging Vendor audits, resolving rejection/technical issues, CAPA’s, Payment issues and tracking its regulatory/quality compliances, Import license etc Active involvement in identification & selection of potential projects to deliver cost-reduction plans, OE objectives/Targets and De-Risking activities by analysing the current & future business needs, market price challenges, and taking necessary initiatives thru CFT’s for its execution & completion. Prepare business cases for project approvals and defining timelines. Qualifications The ideal candidate should have a B.Tech, B Pharm, or MSc degree, and an MBA is preferred, especially with a specialization in Supply Chain or Operations. The candidate should also have a minimum of five to seven years of relevant experience in Supply Chain, Sourcing, or Vendor Management. Additional Information About the Department Global Manufacturing Organisation (GMO) at Dr. Reddy's Laboratories, dedicated to making a meaningful impact on global healthcare through precision manufacturing and innovation. 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 recognized 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 digitalization 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 catalyze 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... For more details, please visit our career website at https://careers.drreddys.com Job Family: Supply Chain Management Sub Job Family: Procurement Preferred type of working: On-Premise Years of Experience: 3 - 6 Business unit: GMO

Responsibilities

The role is responsible for the end-to-end strategic global procurement of pharmaceutical excipients for Global Generics, focusing on managing Alternate Vendor Development and Derisking initiatives. Key duties include handling source identification, negotiations, supply/quality agreements, coordinating vendor development, and ensuring material availability through liaison with cross-functional teams.