Commodity Manager (Procurement) | Delhi

Role Summary:
We are seeking a diligent and analytical Commodity Manager with 2-3 years of experience to join our procurement team in Delhi. This role is crucial for managing the sourcing, negotiation, and procurement of various commodities essential for our operations. The ideal candidate will leverage their M.Pharma background to understand the nuances of specific material requirements, ensuring cost-effectiveness and supply chain efficiency.

Key Responsibilities:
- Develop and implement commodity sourcing strategies to ensure cost-effective procurement and reliable supply chains.
- Conduct market research and analysis to identify potential suppliers, assess market trends, and forecast commodity prices.
- Negotiate contracts, pricing, and terms with suppliers to achieve the best possible outcomes.
- Manage supplier relationships, including performance evaluation and dispute resolution.
- Ensure compliance with all procurement policies, procedures, and regulatory requirements.
- Collaborate with internal stakeholders to understand their commodity needs and provide timely solutions.
- Monitor inventory levels and coordinate with relevant teams to optimize stock.
- Utilize your M.Pharma knowledge to assess the quality and suitability of pharmaceutical raw materials or related supplies if applicable to our business needs.
- Prepare regular reports on procurement activities, savings, and supplier performance.