Medical Procurement Specialist
2 weeks ago
Company Description (RXpress - Medicine in 20 Minutes) We’re building Pharmacy 2.0 - India’s fastest, smartest 20-minute medicine delivery platform. Powered by dark stores, AI-driven SKU-alternatives, in-app doctor consultations and prescription management. RXpress is redefining how healthcare reaches every household - Fast. Smart. Zero-Hassle. What You’ll Do You’ll play a core role in ensuring RXpress dark stores never run out of what customers need - from prescription medicines to wellness SKUs. This isn’t just about purchasing; it’s about building India’s smartest pharmacy supply chain from the ground up. Own Procurement Across Dark Stores Manage end-to-end sourcing and replenishment for Rx, OTC, and wellness categories across RXpress’s hyperlocal dark stores. Develop and refine reorder triggers based on real-time sales velocity, expiry tracking, and store-level consumption patterns. Maintain a live inventory availability of >98% on top 1,000 SKUs, enabling 20-min delivery reliability. Manage Multi-Channel Vendor Network Build and manage supplier relationships across pharma distributors, wholesalers, and digital B2B platforms such as RetailIO, Pharmarack, MedleyMed, Tata 1mg Partner, etc. Ensure each dark store has access to a multi-vendor supply chain, with redundancy for critical SKUs and high-fill rates. Negotiate pricing, credit terms, and service SLAs to optimise gross margin while maintaining regulatory compliance. Standardise vendor onboarding, GST documentation, and digital PO/invoice processes. Leverage Tech for Procurement Automation Integrate procurement processes with RXpress backend systems - enabling live stock visibility, auto purchase order generation, and digital GRN validation. Collaborate with Tech and Product teams to connect B2B APIs (RetailIO, MedleyMed, etc) for real-time pricing and stock sync. Use data dashboards to track fill rates, supplier performance, and lead times, helping reduce manual intervention and procurement delays. Forecast Demand and Plan Inventory Work with Operations and Data teams to predict SKU demand based on AI-driven consumption models, local health trends, and telemedicine data. Anticipate seasonal fluctuations (e.g. cough, cold, flu seasons) and plan bulk purchases or forward stocking accordingly. Translate insights into actionable buying plans - optimising working capital without compromising service speed. Drive Cost Efficiency and Compliance Benchmark pricing across multiple supply channels to identify savings opportunities and margin expansion levers. Use AI-based SKU alternatives and generic substitution where clinically appropriate to reduce costs. Maintain full compliance with pharmacy procurement laws, GST norms, and DLT documentation. Ensure traceability for all purchases (batch number, expiry, manufacturer data) through RXpress’s digital compliance stack. Support Scale & Expansion Create procurement playbooks to support expansion from 1 → 100 dark stores. Help set up centralized procurement hubs or regional aggregators to unlock volume discounts and better logistics coordination. Identify and onboard vendors in new cities as RXpress scales its footprint across metros and Tier-II markets. Metrics You’ll Own SKU availability rate (Target: >98%) PO-to-Delivery turnaround time Vendor fill rate and accuracy Procurement cost variance vs market benchmark Gross margin improvement per store Expiry/Deadstock % Audit & compliance readiness score What We’re Looking For 2–5 years of experience in procurement, sourcing, or supply chain — ideally in pharma, FMCG, or quick commerce . Hands-on with RetailIO, Tata 1mg Partner, MedleyMed, Pharmarack, or similar B2B medicine platforms. Strong in vendor management, cost negotiation, and purchase planning. Analytical, data-driven, and comfortable using tools like Excel, BI dashboards, or procurement software. Hustle mindset – someone who thrives in fast-paced, ambiguous startup environments where speed, ownership, and adaptability are key. Strong analytical data-first mindset - comfortable with managing procurement dashboards Bonus: Experience with pharmacy delivery E-commerce /. Q-commerce. What’s in it for you? Be part of a founder-led early-stage startup with fast decision cycles. Shape the growth engine of Pharmacy 2.0 from the ground up. Work directly with the founders who’ve built and scaled ₹500 Cr+ ARR Ops + Tech businesses. Competitive pay + ESOP potential + learning-first culture.
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