Vendor Inventory Manager

2 days ago

Rajkot, Gujarat, India beBeeInventory Full time ₹ 1,50,00,000 - ₹ 2,00,00,000
Inventory Management Expert

We are seeking a seasoned inventory management expert to lead our vendor management efforts. With over 15 years of experience in delivering world-class care, our organization has established itself as a leader in the industry.

Key Responsibilities
  • Conduct VMI analysis to identify optimization opportunities and monitor procurement trends.
  • Lead strategic negotiations with manufacturers and vendors, setting new benchmarks for pricing and service.
  • Drive and maintain group-wide price agreements for high-value and critical medical supplies.
  • Manage group-level vendor relationships with a focus on performance, delivery, and compliance in VMI operations.
  • Ensure smooth implementation and operations of VMI systems across all hospital units.
  • Oversee timely receipt of agreed credit notes and Trade Offer Discounts (TODs) from vendors.
  • Implement, monitor, and audit standard operating procedures (SOPs) related to VMI for all units.
  • Track and reconcile VMI stock across all units to ensure inventory 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.
  • Ensure adherence to statutory guidelines to prevent any legal or regulatory non-compliances.
  • Proactively address and prevent audit observations and risks related to VMI practices.
  • Develop and implement a markup policy for vendor-managed items in line with pricing strategy.
  • Maintain and update a discount tracker to ensure visibility, transparency, and realization of negotiated benefits.
Requirements
  • Postgraduate degree in Supply Chain, Operations, Healthcare Management, or equivalent.
  • Minimum 10-15 years of experience in supply chain or inventory management, preferably in a healthcare/hospital setting.
  • Proven experience in vendor negotiations, compliance, and SOP implementation.
  • Strong understanding of healthcare procurement dynamics, regulatory requirements, and VMI models.

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