Pharmacy Category Buyer/Purchasing Executive

Planet Pharmacy Sdn Bhd; Kuala Lumpur; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading company in the pharmacy sector is seeking a Pharmacy Category Buyer/Purchasing Executive to manage inventory, negotiate with suppliers, and ensure product relevance. The ideal candidate will have strong analytical and negotiation skills, along with relevant educational qualifications. This role involves regular store visits and close collaboration with sales teams to optimize inventory and marketing strategies.

Qualifications

• Minimum 2 years of work experience as Buyer in retailing or merchandising.
• Candidate must possess relevant diploma or degree.

Responsibilities

• Review inventory levels and forecast order quantities.
• Negotiate pricing and terms with vendors.
• Manage inventory and ensure product relevance.

Skills

Analytical

Negotiation Skills

Business Acumen

Team Player

Education

Advanced/Higher/Graduate Diploma

Bachelor Degree

Post Graduate Diploma

Professional Degree

Job description

Pharmacy Category Buyer/Purchasing Executive

· Review level of current inventory, forecast order quantities based on stock level and sales information, execute replenishment for outlets and online sales.

· Conduct regular store visits to ensure that store's merchandising standards are met.

· Check and follow-up on replenishment request by stores.

· Analyz market information to identify product trends/price trends/opportunities in order to develop competitive products/price to customer.

· Negotiate pricing, terms and conditions regularly that protect the best interest of company and its customers.

· Determine the best vendors and best deals through comparison of price, quality, availability, reliability, other contract term, distribution cost and service.

· Prepare and process purchase orders in accordance with company policies and procedures.

· Communicate company’s expectations to the suppliers and perform business reviews with the key supplier to work on strategies & action plans by meeting supplier and negotiating terms of contract such as consignment.

· Manage inventory to ensure up-to-date product lifespan monitoring. Reviewing stock movement with batch & expiry regularly. Ensure minimal level of slow moving, end-of-life products and obsolescence by working closely with sales and operation on the strategy to clear the items.

· Source new and review existing merchandise to ensure product remains relevant, competitive and secure lowest cost of supply.

· Maintain and update all products, suppliers and procurement data in the company online system and to do proper filing for all related documentation.

· Assess stability of product & able to make decision to delete products which are not delivering sales to make room for new product.

· Track and control procurement, marketing budget & expenses.

· Able to plan and ensure the smooth implementation of all marketing, advertising, sponsorships and promotional programs in order to maximize sale and GP.

· Assist stores in coordinating and executing marketing strategies to achieve sales target.

· Follow up duties or responsibilities that may be assigned by the direct superior and/or management

Job Requirements:

· Candidate must possess at least an Advanced/Higher/Graduate Diploma, Bachelor Degree, Post Graduate Diploma, Professional Degree, Business Studies/Administration/Management or equivalent.

· Minimum 2 years of work experience as Buyer in retailing, merchandising or similar job function.

· Committed, team player, proactive, able to meet tight deadlines and perform effectively under pressure.

· Required language: Bahasa Malaysia, English.

· Analytical, with business acumen and negotiation skills.

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Your application will include the following questions:

Which of the following statements best describes your right to work in Malaysia? What's your expected monthly basic salary? Which of the following types of qualifications do you have? How many years' experience do you have as a Purchasing Executive? How many years' experience do you have with forecasting for businesses? Do you have experience in a sales role?

Holistic living @ M+ Pharmacy

Beyond Your regular pharmacy and meticulous PRESCRIPTION service

Your pathway to a healthy balanced lifestyle in WHOLE.

Our main goal is to share our philosophy of helping our customers attain a healthy lifestyle by finding the right nutritional balance, through our concept store that meets their holistic and pharmaceutical needs, with:

A large selection of top-rated nutritional supplements, herbs and homeopathic remedies;

A team of competent Pharmacists, Nutritionists and other health professionals who are able to provide honest and factual answers to our customers’ questions on health and supplements;

Pharmacist always available throughout business hours;

Wide range of prescription medication;

Professional service with modestly priced medications and supplements and;

Convenient retail store location as well as online mail ordering convenience.

Holistic living @ M+ Pharmacy

Beyond Your regular pharmacy and meticulous PRESCRIPTION service

Your pathway to a healthy balanced lifestyle in WHOLE.

Our main goal is to share our philosophy of helping our customers attain a healthy lifestyle by finding the right nutritional balance, through our concept store that meets their holistic and pharmaceutical needs, with:

A large selection of top-rated nutritional supplements, herbs and homeopathic remedies;

A team of competent Pharmacists, Nutritionists and other health professionals who are able to provide honest and factual answers to our customers’ questions on health and supplements;

Pharmacist always available throughout business hours;

Wide range of prescription medication;

Professional service with modestly priced medications and supplements and;

Convenient retail store location as well as online mail ordering convenience.

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