Role Summary: We are seeking a motivated and detail-oriented Strategic Sourcing Manager with a background in M.Pharma to join our dynamic team in Vishakhapatnam. This entry-level position is ideal for a recent graduate looking to gain hands-on experience in procurement, supplier management, and cost optimization within the healthcare sector. You will play a crucial role in ensuring the efficient and cost-effective acquisition of pharmaceuticals and medical supplies.

Key Responsibilities:

• Assist in the development and execution of strategic sourcing initiatives for pharmaceuticals, medical devices, and consumables.
• Conduct market research and analysis to identify potential suppliers, evaluate their capabilities, and assess pricing trends.
• Support the negotiation of contracts and terms with suppliers to achieve cost savings and ensure quality standards.
• Maintain strong relationships with existing suppliers and manage day-to-day procurement operations.
• Monitor inventory levels and collaborate with relevant departments to forecast demand.
• Ensure compliance with all procurement policies, procedures, and regulatory requirements.
• Prepare reports and presentations on sourcing activities, cost savings, and supplier performance.