
Chief Pharmacy Supplies Officer
1 day ago
The role of a Pharmacy Purchase Manager is crucial in ensuring the timely availability of drugs at optimum cost, adherence to regulatory compliance, and strong coordination with vendors, consultants, and internal departments.
Key Responsibilities:
- 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.
Qualifications & Experience:
- Education: B.Pharm / M.Pharm / MBA in Hospital or Supply Chain Management preferred.
- Experience: 8–12 years of experience in pharmaceutical purchase, with at least 7+ years 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.
Skills & Competencies:
- Excellent negotiation and vendor management skills.
- Strong analytical and planning ability.
- Knowledge of drug regulations, HSN codes, and statutory compliance.
- Leadership skills with ability to manage a team effectively.
- Proficiency in ERP / hospital management software for purchase and inventory.
Key Performance Indicators (KPIs):
- Cost savings achieved through procurement strategies.
- Vendor performance and timely supply rate.
- Stock-out rate and inventory turnover ratio.
- Compliance audit scores.
- Stakeholder satisfaction (clinicians, pharmacy, finance).
This position requires an individual with exceptional leadership skills, strategic thinking, and excellent communication abilities to manage a high-performing team and drive business growth.
A highly organized and detail-oriented individual with a passion for supply chain management and a strong understanding of pharmaceutical regulations will excel in this role.
Please submit your application if you are a results-driven professional looking for a challenging opportunity to lead a team and contribute to the success of our organization.
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