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Procurement Manager (Pharmaceutical Experience )

Company:
KVK Tech
Location:
Newtown, PA, 18940
Pay:
80000USD - 120000USD per year
Posted:
May 14, 2025
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Description:

Job Description

Department

Procurement

Job Title

Procurement Manager

FLSA Status

Exempt

Reports To

Chief Administrative Officer

1. Role Purpose:

The Procurement Manager is responsible for overseeing the KVK Tech’s procurement team and will be responsible for all MRP, MRO and R&D procurement activity. The candidate must show demonstrated results in supplier negotiation and plant cost savings and containment it pertains to procurement. Additionally, the candidate must optimize existing policies and procedures and implement department metrics to target and report against site value-add procurement goals.

2. Key Duties & Responsibilities:

Develop and execute purchasing strategies by leading the KVK tech purchasing team for all direct, indirect, operations and R&D procurement requirements

Lead competitive bid process according to corporate policy. Deliver highest value/least-total-cost

Lead supplier negotiations

Assist Supply Chain Director with ad hoc projects and reports as required to support business and site objectives

Purchases inventory, consumables, and services in accordance with company policies

Ensures best value is received on all purchases

Communicate with vendors/suppliers for availability, ordering, price negotiation and order follow up

Ensures all needs of the facility are purchased so that business can run efficiently with minimal downtime

Generates purchase orders based on reorder points set in inventory management system

Periodically reviews reorder points to ensure they are adequate

Recommends promotional, seasonal, and opportunistic buys outside the reorder points

Uses all resources available to ensure just in time inventory whenever possible

Works with warehouse and retail management team to ensure adequate stocking space

Selects which suppliers the company will work with and initiates relationship

Maintains vendor relationships ensuring best pricing and order preference is received

Coordinate both domestic and international shipments with various freight companies

Stays current in the industry and ensures facilities are stocked with innovative products in demand by our customers

Reviews turns and eliminates stock before inventory trends are down

Minimizes obsolete and clearance inventory through quick response to market trends

Provides analytics to management

Knowledge of company’s mission, purpose, and goals

Ability to operate office equipment in a safe and effective manner – telephones, computer, printer, fax, scanner.

Processing in Syspro

Sourcing and procuring raw material, packaging components, information, and any relative documents for new drug products in the most efficient manner.

Coordinating with members of the R&D department to ensure their requests are satisfied in a timely manner.

Managing any related information for new drug products.

Other duties as required or delegated

3. Typical Supervisory Responsibility:

Oversee the purchasing team

4. Education & Experience:

Education Requirement

Bachelor’s Degree in Supply Chain, Business, Accounting or related field preferred

Experience Requirement

Number of Years

3-5 years of Pharmaceutical Procurement experience preferred.

1-3 year of management experience required.

5. Technical competencies/ Certifications/ Licenses:

Technical competencies

Minimum 5 years of purchasing experience in a cGMP regulated pharmaceutical industry preferred

Strong reading, writing, and communication skills required

Must be able to multi-task and work in a fast-paced environment

Self-motivated & exceptional organizational skills

Ability and willingness to work cooperatively with others

Knowledge of Microsoft Office products and telephone protocol

High degree of discretion dealing with confidential information

6. Physical demand and Work environment:

a. Physical demands:

While performing the duties of this job, the employee is required to walk, sit, and use hands to finger, handle or feel tools or controls, reach with hands and arms, balance, stoop, crouch, bend, talk and hear. The employee must lift and/or move up to 20 pounds. Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, and depth perception.

b. Work environment:

N/A

Full-time

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