Pharmacy Procurement Specialist

17 hours ago

Mangalore, Karnataka, India beBeePharmacy Full time ₹ 18,00,000 - ₹ 25,20,000
Procurement Manager in Pharmacy Services

We are seeking a highly skilled Procurement Manager to oversee the procurement and inventory management of pharmaceutical products and consumables for our institution.

The successful candidate will be responsible for ensuring timely availability of drugs at optimal cost, adherence to regulatory compliance, and strong coordination with vendors, consultants, and internal departments.

Key Responsibilities:

  • Procurement Strategy
    • Identify and evaluate 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 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 and 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 and 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 Leadership and 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.

Benefits and Opportunities:

  • Excellent opportunity to work in a dynamic healthcare environment.
  • Chance to develop leadership skills and contribute to the growth of our institution.
  • Competitive salary and benefits package.

What We Offer:

  • A collaborative and supportive work environment.
  • Opportunities for professional growth and development.
  • A chance to make a difference in the lives of patients and communities we serve.

Skills and Competencies:

  • 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.

Performance Indicators:

  • Cost savings achieved through procurement strategies.
  • Vendor performance and timely supply rate.
  • Stock-out rate and inventory turnover ratio.
  • Compliance audit scores.
  • Stakeholder satisfaction (clinicians, pharmacy, finance).

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