Inventory Optimization Specialist

1 week ago


Bhavnagar, Gujarat, India beBeeOptimization Full time ₹ 1,00,00,000 - ₹ 2,00,00,000
Procurement Manager

Our organization seeks a seasoned procurement manager to oversee vendor relationships and optimize inventory levels. This role requires expertise in driving cost savings, improving compliance, and ensuring seamless operations across all units.

As a key member of our team, you will be responsible for conducting in-depth analysis to identify opportunities for optimization and monitoring procurement trends. Strategic negotiations with manufacturers and vendors will be essential to establish new benchmarks for pricing and service.

  • Develop and implement group-wide price agreements for high-value and critical medical supplies.
  • Maintain strong relationships with vendors, focusing on performance, delivery, and compliance in VMI operations.
  • Ensure smooth implementation and operation 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.


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