Purchase Executive
5 days ago
**Job Summary**:
MrMed is looking for Purchase Executive to manage the procurement of essential medicines and supplies, focusing on Just-In-Time (JIT) procurement. This role involves supplier collaboration, contract negotiation, inventory management, cost optimization, and ensuring timely delivery of high-quality materials.
**About MrMed**:
MrMed is pharmacy India’s largest online, specializing in providing super
- speciality medicines for critical conditions like cancer, kidney diseases, heart disorders, HIV/AIDS, transplants, hepatitis, and more. We are a patient-centric organization committed to providing access to medicines for individuals undergoing treatment for various critical diseases. We understand the challenges that patients face when they are unable to afford or access their prescribed medications, and we are dedicated to making sure that every patient receives the necessary treatment they need. Our team is passionate about improving the lives of those in need and we strive to make a positive impact in the healthcare industry.
**Key Responsibilities**:
**Procurement Management**:
- Identify and evaluate reliable suppliers.
- Manage the complete procurement process with a focus on cost reduction and quality.
- Implement JIT procurement strategies to optimize inventory levels.
**Inventory Control**:
- Monitor inventory and analyse consumption patterns to forecast needs.
- Prevent shortages or overstocking through effective management.
- Conduct audits to ensure inventory accuracy and compliance.
**Supplier Relations**:
- Build strong relationships with suppliers for favourable terms.
- Regularly assess supplier performance and resolve any issues promptly.
**Order Processing**:
- Prepare and process purchase orders, ensuring necessary approvals.
- Track orders and manage logistics for timely delivery.
- Maintain accurate records of purchases and contracts.
**Market Research**:
- Stay updated on industry trends and competitor pricing.
- Identify cost-saving opportunities and present findings to management.
**Collaboration**:
- Work with finance to manage budgets and process invoices.
- Collaborate with operations and logistics for seamless integration.
- Assist in developing efficient purchasing policies.
**Desired Profile/Qualification**:
- Bachelor’s degree in B Pharm/D Pharm.
- 0-3 years of experience in procurement, inventory, or vendor relations, preferably in healthcare or pharmaceutical sector.
- Experience with JIT procurement is a plus.
- Excellent communication skills in English; Hindi fluency is added advantage.
- Strong multitasking, negotiation, analytical, and decision-making skills.
**Job Location**:T. Nagar, Chennai
**Job Types**: Full-time, Permanent
Work Location: In person
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