Inventory Manager - (Inventory & Procurement) - Mumbai, Lower Parel

Lifenity Health Ltd.; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Lifinity Health Ltd. in Maharashtra (Mumbai Head Office) seeks an experienced Inventory Manager to oversee procurement, inventory, and supply chain operations for its hospital network.

You will lead tendering, vendor selection, contract negotiation, stock control, regulatory compliance, and budgeting while guiding the inventory team and ensuring service levels across facilities.

Qualifications

• Bachelor's degree in Pharmacy, Business Administration, or related field required.
• MBA/PGDM focused on SCM preferred.
• Certification in inventory management or supply chain management is a plus.

Responsibilities

• Manage procurement activities including tendering, vendor selection, and contract negotiation.
• Monitor and control inventory levels to optimize stock and reduce wastage.
• Oversee receipt, storage, and distribution of pharmaceuticals and hospital supplies.
• Develop and implement inventory management policies and procedures.
• Analyze inventory data to identify improvement opportunities.
• Collaborate with hospital departments to meet their needs and maintain service quality.
• Ensure regulatory compliance and hospital policies.
• Manage and optimize the inventory budget.
• Supervise and train inventory team members.

Skills

Procurement

Inventory management

Vendor negotiation

Team management

Education

Bachelor's degree in Pharmacy, Business Administration, or related field

MBA/PGDM with focus on Supply Chain Management

Certification in inventory or supply chain management (e.g., CSCMP, CPIM)

Job description

Job Title: Inventory Manager - (Procurement and Inventory)

Location: Maharashtra (Mumbai Head Office)

Reports To: Director / Head - Operations / Procurement

Job Summary:

We are seeking an experienced Inventory Manager to oversee and manage the procurement, inventory, and supply chain operations for our chain of multispecialty hospitals in Maharashtra. The ideal candidate will be responsible for ensuring efficient inventory management, minimizing costs, and optimizing stock levels across all hospitals.

Responsibilities:

• Manage and coordinate procurement activities, including tendering, vendor selection, and contract negotiation
• Monitor and control inventory levels, ensuring optimal stock levels and minimizing wastage
• Oversee the receipt, storage, and distribution of pharmaceuticals, OT consumables, hospital consumables, stationaries, implants, uniforms, and other hospital supplies
• Develop and implement inventory management policies and procedures
• Analyze inventory data and identify areas for improvement
• Collaborate with hospital departments to understand their needs and provide excellent customer service
• Ensure compliance with regulatory requirements and hospital policies
• Manage and optimize inventory budget
• Supervise and train inventory team members

Qualification:

• Bachelor's degree in Pharmacy, Business Administration, or a related field
• MBA/PGDM with a focus on Supply Chain Management or Materials Management is preferred
• Certification in inventory management or supply chain management (e.g., CSCMP, CPIM) is a plus

Experience:

• Minimum 8+ years of experience in inventory management or a related field in a hospital or healthcare setting.
• Experience in managing a team and handling large-scale procurement activities.
• Familiarity with hospital operations, procurement processes, and inventory management systems.