
Pharmaceutical Supply Chain Specialist
21 hours ago
Job Title: Purchasing Manager for Pharmaceutical Supplies
The role of the Purchasing Manager for Pharmaceutical Supplies involves overseeing the procurement and inventory management of all medicines, surgical consumables, and pharmaceutical supplies for the hospital. The main objective is to ensure timely availability of drugs at optimum cost, adherence to regulatory compliance, and strong coordination with vendors, consultants, and internal departments.
Main Responsibilities:- Purchasing Strategy:
- 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.
- Ensure uninterrupted supply of drugs, including critical and life-saving medicines.
- Inventory 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 pharmacy teams to ensure smooth supply chain flow.
- Regulatory 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 purchasing team.
- Collaborate with clinicians, pharmacists, and hospital administration for requirement planning.
- Conduct regular review meetings with stakeholders on purchase and supply chain performance.
Requirements:
- Bachelor's degree in Pharmacy or related field.
- 8-12 years of experience in pharmaceutical purchasing, preferably in a hospital setting.
- Strong knowledge of hospital pharmacy operations, regulatory norms, and supply chain best practices.
- Proven skills in vendor negotiation, procurement systems, and cost management.
Key Performance Indicators (KPIs):
- Cost savings achieved through procurement strategies.
- Vendor performance and timely supply rate.
- Stock-out rate and inventory turnover ratio.
- Compliance audit scores.
- Stakeholder satisfaction.
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