
Leading Pharmacy Procurement Specialist
6 days ago
The primary role of the Pharmacy Purchase Manager is to oversee the procurement and inventory management of all medicines, surgical consumables, and pharmaceutical supplies for the hospital. This includes ensuring timely availability of drugs at optimal cost, adherence to regulatory compliance, and strong coordination with vendors, consultants, and internal departments.
This position requires a skilled professional who can effectively manage multiple stakeholders and ensure seamless supply chain operations. The ideal candidate will have excellent negotiation and vendor management skills, as well as strong analytical and planning abilities.
Key Responsibilities:
- Procurement & Vendor Management: 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.
- 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.
Required Skills and Qualifications:
- 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.
- 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.
Benefits:
This role offers a challenging and rewarding career opportunity for a seasoned professional seeking a new challenge. The successful candidate will have opportunities to grow and develop their skills, as well as contribute to the success of the hospital's pharmacy department.
Others:
As a Pharmacy Purchase Manager, you will be part of a dynamic team working together to provide high-quality patient care and improve the efficiency of our hospital's pharmacy operations. If you are passionate about procurement, supply chain management, and leadership, this may be an ideal opportunity for you.
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