Vendor Inventory Manager

7 days ago


Vijayawada, Andhra Pradesh, India beBeeInventory Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

Medanta has created an unrivalled impact in delivering world class multi-specialty care for patients in India.

We are seeking a highly skilled professional to lead our Vendor Managed Inventory / Implant Inventory Management team.

  • Conduct VMI analysis to identify optimization opportunities and monitor procurement trends, driving business growth through informed decision making.
  • Lead strategic negotiations with manufacturers and vendors, setting new benchmarks for pricing and service excellence.
  • Drive and maintain group-wide price agreements for high-value and critical medical supplies, ensuring alignment with business objectives.
  • Manage group-level vendor relationships with a focus on performance, delivery, and compliance in VMI operations, mitigating risks and improving efficiency.
  • Ensure smooth implementation and operations of VMI systems across all hospital units, streamlining processes and enhancing productivity.
  • Oversee timely receipt of agreed credit notes and Trade Offer Discounts (TODs) from vendors, optimizing revenue streams.
  • Implement, monitor, and audit standard operating procedures (SOPs) related to VMI for all units, maintaining regulatory compliance and quality standards.
  • Track and reconcile VMI stock across all units to ensure inventory accuracy and accountability, reducing costs and minimizing waste.
  • Lead the creation and implementation of brand recommendations based on clinical, financial, and operational inputs, enhancing product offerings and customer satisfaction.
  • Monitor compliance with brand recommendations and measure resultant cost savings, driving business value through data-driven insights.
  • Ensure adherence to statutory guidelines to prevent any legal or regulatory non-compliances, safeguarding the organization's reputation and assets.
  • Proactively address and prevent audit observations and risks related to VMI practices, fostering a culture of compliance and continuous improvement.
  • Develop and implement a markup policy for vendor-managed items in line with pricing strategy, maximizing profitability and competitiveness.
  • Maintain and update a discount tracker to ensure visibility, transparency, and realization of negotiated benefits, reinforcing strong vendor relationships and driving long-term success.


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