Pharmaceutical Procurement Specialist

1 day ago

Belgaum, Karnataka, India beBeePharmaceutical Full time ₹ 50,00,000 - ₹ 90,00,000
Procurement Professional for Pharmaceutical Operations

We are seeking a highly skilled procurement professional to manage pharmaceutical operations. As a key member of our team, you will be responsible for developing and executing a centralized procurement strategy for pharmaceutical products.

Key Responsibilities:
  • Procurement & Vendor Management:
    • Develop and execute centralized procurement strategy for pharmaceutical products
    • Negotiate contracts, pricing, and terms with 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 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:
    • Develop and manage procurement budgets across all units
    • Monitor cost optimization initiatives and report savings achieved
    • Implement payment terms and credit management with suppliers
    • Prepare procurement reports and analytics for review
Requirements:
  • Education:
    • Bachelor's or Master's degree in Pharmacy or related field (preferred)
    • Master's degree in Supply Chain/Operations Management (advantageous)
  • Experience:
    • 8-12 years in pharmaceutical procurement, preferably in hospital settings
    • Experience with centralized procurement operations
    • Knowledge of pharmaceutical supply chain and distribution networks
    • Experience in vendor management and contract negotiations
  • 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
    • Strong analytical and reporting skills
    • Knowledge of tender processes and government procurement procedures
  • Key Competencies:
    • Strong negotiation and vendor relationship management skills
    • Excellent communication and stakeholder management abilities
    • Problem-solving and decision-making capabilities
    • Leadership skills to manage procurement team
    • Attention to detail and compliance orientation
Reporting Structure:
  • Reports to: Operations Head
  • Team Size: 3 to 5 members (procurement executives, warehouse staff, logistics coordinators)

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