
Expert Pharmaceutical Procurement Specialist
1 week ago
Overview:
The Pharmacy Purchase Manager will oversee the procurement and inventory management of all medicines, surgical consumables, and pharmaceutical supplies for a hospital.
Key Responsibilities:- Procurement & Vendor Management
- Identify, evaluate, and finalize vendors for pharmaceutical products and consumables.
- Negotiate pricing, credit terms, and supply agreements to ensure cost-effectiveness.
- Build and maintain long-term relationships with suppliers and distributors.
- Ensure uninterrupted supply of drugs, including critical and life-saving medicines.
- Inventory & Supply Chain Management
- Oversee purchase planning based on consumption trends and stock requirements.
- Monitor stock levels to prevent shortages or overstocking.
- Implement systems for efficient inventory tracking and control.
- Coordinate with IP & OP pharmacy teams to ensure smooth supply chain flow.
- Compliance & Quality Assurance
- Ensure that all procurement follows drug regulatory guidelines and hospital policies.
- Maintain accurate purchase records, invoices, and audit compliance reports.
- Monitor expiry, batch recalls, and drug quality issues in coordination with the QA team.
- Financial & Operational Management
- Prepare and manage purchase budgets for the pharmacy.
- Monitor and control purchase costs, ensuring savings wherever possible.
- Provide regular MIS reports to management on purchase trends, vendor performance, and cost savings.
- Team & Coordination
- Lead and supervise the pharmacy purchase team.
- Collaborate with clinicians, pharmacists, and hospital administration for requirement planning.
- Conduct regular review meetings with stakeholders on purchase and supply chain performance.
Requirements:
- A minimum of 8-12 years of experience in pharmaceutical purchase.
- At least 7+ years of experience in a hospital setting (multispecialty preferred).
- Strong knowledge of hospital pharmacy operations, regulatory norms, and supply chain best practices.
- Proven skills in vendor negotiation, procurement systems, and cost management.
- Leadership skills with ability to manage a team effectively.
Responsibilities:
- Manage a team of pharmacy purchase professionals.
- Ensure timely availability of drugs at optimum cost.
- Negotiate pricing, credit terms, and supply agreements with vendors.
- Build long-term relationships with suppliers and distributors.
- Implement systems for efficient inventory tracking and control.
- Monitor stock levels and coordinate with IP & OP pharmacy teams.
This role requires strong leadership and communication skills to manage a team and collaborate with stakeholders. The ideal candidate should have experience in pharmaceutical purchasing and a deep understanding of hospital pharmacy operations and supply chain best practices.
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