Inventory Manager

2 days ago

Aligarh, Uttar Pradesh, India beBeeinventory Full time ₹ 2,00,00,000 - ₹ 2,50,00,000

As a key player in the healthcare industry, Medanta is expanding its services to meet the growing demand for quality care. We are seeking an experienced professional to oversee our vendor-managed inventory operations.

Job Title: Inventory Manager

This role involves conducting thorough analyses of our vendor relationships, identifying areas for optimization, and ensuring seamless supply chain operations.

  • Key Responsibilities:
  • Conduct detailed vendor analysis to identify opportunities for improvement.
  • Negotiate strategic agreements with manufacturers and suppliers, setting new benchmarks for pricing and service.
  • Establish and maintain group-wide price agreements for high-value medical supplies.
  • Manage vendor relationships to ensure performance, delivery, and compliance.
  • Implement and monitor VMI systems across all hospital units.
  • Oversee timely receipt of credit notes and Trade Offer Discounts from vendors.
  • Develop and enforce standard operating procedures for VMI operations.
  • Track and reconcile inventory stock across all units to ensure accuracy and accountability.
  • Lead the creation and implementation of brand recommendations based on clinical, financial, and operational inputs.
  • Monitor compliance with brand recommendations and measure resultant cost savings.
  • E nsure adherence to statutory guidelines to prevent legal or regulatory non-compliances.
  • Address and prevent audit observations and risks related to VMI practices.
  • Develop a markup policy for vendor-managed items aligned with pricing strategy.
  • Maintain a discount tracker for visibility, transparency, and realization of negotiated benefits.

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