Dr. Reddy's Laboratories—Specialist FEM (Formulation External Manufacturing) NA&EU

Job description

Description: Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations. Each of our 24,000 plus employees comes to work every day for one collective purpose: to accelerate access to affordable and innovative medicines because Good Health Can’t Wait. We started in 1984 with a modest investment, 20 employees and a bold vision. Today, we have research and development centres, manufacturing facilities or a commercial presence in 66 countries. For nearly four decades, we have stood for access, affordability and innovation based on the bedrock of deep science, progressive people practices and robust corporate governance. As the pharmaceutical industry evolves and undergoes disruption, we see an opportunity – to strengthen our core further (the next steps) and to build the future (the new bets). ‘The Next and the New’ is how we aim to continue to be the partner of choice – purpose-driven, future-ready and sustainable. Our aim is to reach over 1.5 Bn+ patients across the world by 2030 by growing our core businesses and building for the future with sustainability at the core of our purpose and strategy. Sustainability for us means operating in a manner that respects people, planet and purpose – helping us conserve precious resources, serve our patients, create value for stakeholders, give back to society, fulfil our potential and maintain our integrity and transparency Dr Reddy’s maintains a work environment, free from discrimination and is an equal opportunity employer. We are committed to employ & nurture all qualified diverse workforce without regard to race, colour religion, nationality, sex, age, disability status, genetics, sexual orientation, gender expression, citizenship or any other characteristic or classification protected by applicable law(s) of the country we operate in. We treasure every talent, and recognize merit and diversity in our organization. The Specialist – FEM (Formulation External Manufacturing) NA&EU - under strategic procurement team, will manage external manufacturing partners (CMOs) to ensure reliable supply, cost optimization, and alignment with business objectives. The role focuses on supplier relationship management, sourcing execution, market intelligence, and stakeholder collaboration across NA&EU markets. It supports vendor development, risk management, contract compliance, and sustainability initiatives. The position also drives innovation and continuous improvement by leveraging supplier capabilities and market insights. Roles & Responsibilities - Strategy Execution: - Drive implementation of NA&EU Market strategies to ensure direct alignment with organizational goals and objectives. - Share inputs with Category Heads/Leads on scope to optimize specifications within the NA&EU Market, fostering continuous improvement. - Business Partnering: - Proactively communicate and engage with stakeholders (like IPDO leads, Business leads, Planning/Manufacturing, Finance) to gather insights, align priorities, and address potential challenges in the NA&EU Market (if applicable). - Establish a structured feedback mechanism with stakeholders to understand their evolving needs and preferences. - Supplier Relationship Management: - Manage all suppliers (except key strategic suppliers) for the respective NA&EU Market including active engagement, governance, identification, and escalation of supply risk to Category Head - Support AVD activities through vendor scouting, vendor review, testing etc. if applicable. - NA&EU Assessment: - Conduct NA&EU research to gather intelligence, identify opportunities, and support development of should cost. - Utilize the obtained NA&EU insights to support informed decision-making within the category. - Sourcing Event Execution: - Gather business requirements for sourcing events from user teams. - Handle vendor scouting and execution of sourcing strategy. - Resolve vendor queries and ensure timely bid submission. - Conduct rate analysis (preferably through a digital tool) of vendor bids and prepare negotiation packs for supplier discussions. - Monitoring: - Assist in contract management, ensuring compliance with legal and regulatory requirements and adherence to procurement policies. - Sustainability: - Collaborate with suppliers to implement roadmap for improving % ESG compliance by suppliers. - Assist collation of industry developments and future trends to identify potential opportunity areas. - Innovation: - Facilitate supplier interactions to source innovative ideas and solutions, fostering a collaborative environment for continuous improvement. - Facilitate the implementation of identified innovative solutions while managing associated risks. Educational Qualification - Pharma/Science Graduate with MBA (Supply Chain/Operations) with 5-9 years of experience in a pharma industry handling Sourcing Skills & Attributes Functional Skills - Good understanding of Supply Chain operations, Procurement strategies, systems & processes - Knowledge of Operations in pharmaceutical industry, Generics business, Regulatory framework - Good knowledge of the regulated NA&EU, vendors base - Good understanding of recent trends & NA&EU intelligence, business dynamics Resident Skills - Compliance Management - Lean Methodologies - Root Cause Analysis Behavioural Skills - Ability to execute strategies for business impact - Ability to adapt and thrive in dynamic environments - Analytical skills to optimize specifications within the NA&EU Market, fostering continuous improvement - Ability to build & manage stakeholder and supplier relationships - Ability to analyse data and make decisions effectively - Effective communication & collaboration skills Benefits Offered At Dr. Reddy’s we actively help to catalyse your career growth and professional development through personalised learning programs. The benefits you will enjoy at Dr. Reddy’s are on par with the best industry standards. They include, among other things and other essential equipment, joining & relocation support, family support (Maternity & Paternity benefits), learning and development opportunities, medical coverage for yourself and your family, life coverage for yourself. " Our Work Culture Ask any employee at Dr. Reddy’s why they come to work every day and they’ll say, because Good Health Can’t Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and we’re always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic. For more details, please visit our career website at https://careers.drreddys.com/#!/"