Procurement Strategist

7 days ago


Faisalabad City Tehsil, Pakistan Nutrifactor Laboratories (Pvt) Limited Full time
Nutritional Product Solutions

Focused on delivering innovative, high-quality solutions for the nutritional and pharmaceutical industries.

Job Overview

We are seeking a highly skilled Procurement Strategist to lead our procurement function, responsible for sourcing and acquiring essential materials, equipment, and commodities. This role will oversee the procurement team, develop strategies for optimal sourcing, and ensure all procurement activities align with Nutrifactor Laboratories' operational needs and industry best practices.

Key Responsibilities:

  • Lead and manage the procurement department, overseeing all procurement activities for packaging materials, technical equipment & devices, and utilities.
  • Develop and implement procurement strategies that align with the company's objectives.
  • Manage relationships with national and international suppliers, negotiating favorable terms and contracts.
  • Monitor and evaluate vendor performance to ensure high standards of quality, cost-effectiveness, and timely delivery.
  • Conduct market research and supplier evaluations to identify potential opportunities and risks.
  • Ensure procurement processes are compliant with company policies, legal requirements, and industry regulations.
  • Prepare and present procurement reports to senior management, highlighting key metrics, trends, and savings.
  • Manage a team of procurement officers, providing guidance, training, and support to enhance team performance.

Requirements

  • Proven leadership and team management skills.
  • Excellent negotiation and vendor management capabilities.
  • Strong background in procurement, particularly in the pharmaceutical industry.
  • Ability to analyze market trends and assess supplier performance.
  • Strong problem-solving and decision-making abilities.

About Us

  • A leading manufacturer of nutraceutical products, vitamins, minerals, and natural health care products.
  • Over 10 years of experience in the industry.
  • 30+ years of family-owned pharmaceutical business expertise.


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