Careers:

Panacea Biotec is a leading research based Health Management Company, with an annual turnover of approx. Rs. 800 Crores. We are engaged in research, development, manufacture & marketing of Vaccines, Bio-Pharmaceuticals and Pharmaceuticals (Rx & OTC) of international quality and Health Services. All Panacea Biotec plants are accredited by international agencies and they follow current Good Manufacturing Practices, as per WHO guidelines.

We offer stimulating work environment & a career that spells growth. In tune with our plans, we require young, aggressive, dynamic, high performing and result oriented professional.
Designation Assistant / Deputy  Manager – Material Management
Job Description Timely Procurement of raw material, Lab consumables and Capital equipments:
  - Monitoring of approved Purchase Request  in SAP for Lab consumables
  - Approved Specification/Sample of the Item required for approved PR’s
  - Analysis market and delivery system in order to assess present and future material availability
  - Approval of Pre-Shipment Samples from Quality Assurance Department
  - Communication to Immediate Superior for opening of SAP Code
  - Issuance of Purchase Order (PO)
  - Follow-up with Finance for release of PO
  - Release of PO
  - Final Release of PO
  - Communication of PO to Vendor
  - Closing of Purchase Orders for the open quantities not required
  Cost Optimization:
  - Cost comparison of the Item to be procured to be shown to Immediate Superior with Quotes
  - Counter Quotes from Vendors
  - Negotiation with Vendors, 
  - Cost comparison of Vendors, 
  Budgeting
  - Preparation of Material purchase budget
  Vendor Management 
  - Expanding customer base and maintaining better relations with present vendors
  - Locate vendors of  Lab consumable & chemicals
  - Meeting with Vendors for the Item required
  - Represent company in negotiating contract & formulating policies with supplier
  - Approval of Vendor on the basis of cost, quality of product, delivery, 
  - Approval for SAP Code of new vendor
  - Communication to vendor in case of new Vendor for opening of SAP Code
  MIS
  - Monitoring of Delivery Status
  - Maintain records of goods orders and received
  - Maintaining all relevant reports
  Communication with Vendors, USER/STORES/FINANCE/PAYMENT SECTION
Desired Profile  Relevant experience in Procurement / Purchase
  Knowledge of Excise, Sales Tax, e-procurement desirable
  Knowledge of SAP MM Module
  Excellent communication and liaisoning  skills
Experience 3 to 4 years experience of procurement 
Industry Type Pharmaceutical / Biotech / Chemical Industry, preferably multinational company
Functional Area  Procurement / Purchase / Material Management
Education Graduate + MBA / Diploma in Materials Management from reputed institute 
Compensation: As per the company norms
Location Mohali (Punjab)
Keywords Procurement / Purchase / Material Management
Contact Rashmi Bhatia
Telephone 0172 5011800 
Email laksh@panaceabiotec.com
Website http://www.panacea-biotec.com/
Job Posted  December 12, 2009
Reference Laksh/MM/01

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