Role & responsibilities
- Manage end-to-end procurement of pharmaceutical medicines, surgical products and healthcare supplies from manufacturers, distributors and stockists.
- Negotiate competitive purchase prices, discounts, schemes, credit periods and payment terms with suppliers to maximize cost savings.
- Identify, evaluate and develop reliable vendor networks while maintaining strong relationships with pharmaceutical companies and distributors.
- Utilize strong pharmaceutical knowledge of drug compositions, formulations, brands, generic medicines and therapeutic categories to ensure appropriate product sourcing.
- Plan and execute purchase requirements based on stock availability, consumption patterns, sales forecasts and business requirements.
- Analyse supplier quotations, compare PTR, PTS, MRP, discounts and net purchase costs to ensure the best commercial deals.
- Monitor stock levels, fast-moving and slow-moving products, near-expiry medicines and dead stock to minimize inventory losses.
- Coordinate with vendors for timely deliveries, order tracking, product availability, replacement of damaged goods and resolution of supply discrepancies.
- Ensure procurement from authorized suppliers and compliance with applicable pharmaceutical regulations, storage requirements, batch tracking and expiry management.
- Prepare purchase reports, vendor performance reports, cost-saving analysis, inventory reports and procurement budgets using Excel and ERP systems.
Preferred candidate profile
Qualification - B.Pharm
Experience - 8 to 12 years
Candidate who have experience in hospital industry are preferred.