Senior Executive - Procurement

Sunway Multicare Pharmacy; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A retail pharmacy in Kuala Lumpur is seeking a Procurement Manager responsible for managing procurement activities. This role involves sourcing, negotiating, and procuring pharmaceutical and healthcare products, ensuring cost efficiency and quality. The ideal candidate will have a Bachelor's degree in a relevant field and 2-3 years of experience in procurement, preferably in the pharmacy or healthcare sector. Strong negotiation, analytical, and communication skills are essential for success in this position.

Qualifications

• Minimum 2 - 3 years of relevant work experience in procurement, preferably within the retail pharmacy or healthcare industry.
• Effective negotiation and contract management skills required.
• Strong analytical skills with the ability to conduct cost analyses.

Responsibilities

• Identify and evaluate potential suppliers and negotiate terms.
• Draft, review, and manage procurement contracts with suppliers.
• Monitor and manage inventory levels to ensure optimal stock.

Skills

Negotiation skills

Analytical skills

Communication skills

Interpersonal skills

Education

Bachelor degree in Procurement, Supply Chain Management, Business or any relevant field

Job description

Job Description

This position is responsible for managing procurement activities for the retail pharmacy operations, which includes sourcing, negotiating, and procuring a wide range of pharmaceutical and healthcare products to meet our business needs while ensuring cost efficiency and product quality.

Responsibilities

• Identify and evaluate potential suppliers, negotiate terms, and establish long-term partnerships to ensure a consistent supply of high-quality products.
• Sourcing pharmaceutical and healthcare products and services while optimizing costs and quality.
• Draft, review, and manage procurement contracts, including terms and conditions, pricing agreements, and service level agreements with suppliers.
• Coordinate procurement operations and inventory management to ensure critical drug availability, accurate inventory value assessment, optimized inventory turns, and minimized drug expirations.
• Monitor and manage inventory levels to ensure optimal stock level, inventory value assessment, minimize wastage and prevent stockouts.
• Analyze procurement costs, identify cost-saving opportunities, and implement strategies to improve procurement efficiency.
• Prepare and present procurement reports to management, highlighting key performance indicators and insights.
• Conduct market research to keep abreast of emerging trends, marketing conditions, business opportunities and product innovations to make informed procurement decisions.
• Any other duties as and when assigned from time to time.

Qualifications

• Bachelor degree in Procurement, Supply Chain Management, Business or any relevant field.
• Minimum 2 - 3 years of relevant work experience in procurement, preferable within the retail pharmacy or healthcare industry.
• Effective negotiation and contract management skills.
• Strong analytical skills with the ability to conduct cost analyses.
• Effective communication and interpersonal skills.
• Able to communicate effectively in English (verbal & written).
• Familiarity with regulatory requirements for pharmaceutical procurement.
• Ability to work independently and as part of a team.