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Pharmaceutical Procurement Specialist

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Procurement Manager Job Opportunity

The organization is seeking a highly skilled and experienced procurement professional to manage the centralized procurement of pharmaceutical products. The ideal candidate will have a deep understanding of the pharmaceutical supply chain, strong negotiation and vendor relationship management skills, and excellent communication abilities.

Key Responsibilities:
  • Procurement & Vendor Management:
    • Develop and execute a centralized procurement strategy for pharmaceutical products across all trust hospitals.
    • Negotiate contracts, pricing, and terms with pharmaceutical manufacturers, distributors, and suppliers.
    • Manage vendor relationships and evaluate supplier performance.
    • Conduct market analysis for competitive pricing and product availability.
    • Handle tender processes and vendor empanelment procedures.
  • Inventory & Supply Chain Management:
    • Oversee centralized warehouse operations for pharmaceutical storage and distribution.
    • Implement inventory management systems to optimize stock levels and minimize wastage.
    • Ensure proper storage conditions, cold chain management, and expiry tracking.
    • Coordinate distribution schedules to all hospital locations based on demand forecasting.
    • Manage emergency procurement for critical medicines.
  • Compliance & Quality Assurance:
    • Ensure compliance with pharmaceutical regulations, drug licensing requirements, and storage norms.
    • Maintain proper documentation for drug procurement, storage, and distribution.
    • Implement quality control measures for incoming pharmaceutical products.
    • Ensure adherence to hospital formulary guidelines and therapeutic protocols.
  • Financial Management:
    • Monitor cost optimization initiatives and report savings achieved.
    • Implement payment terms and credit management with suppliers.
    • Prepare procurement reports and analytics for management review.

### Required Qualifications

  • Education:
    • Bachelor's degree in Pharmacy or related field.
  • Experience:
    • At least 8 years of experience in pharmaceutical procurement, preferably in hospital/healthcare settings.
  • Technical Skills:
    • Understanding of pharmaceutical regulations and compliance requirements.
    • Knowledge of drug storage, handling, and distribution protocols.
    • Proficiency in inventory management systems and ERP software.

### Reporting Structure

Reports to: Operations Head. Team Size: 3 to 5 members (procurement executives, warehouse staff, logistics coordinators).