Manager - Pharmaceutical Procurement (Pharmabank)
6 days ago
A healthcare trust operating multiple hospitals seeking to establish centralized pharmaceutical procurement through a dedicated warehouse facility (Pharmabank) to optimize medicine supply chain across all hospital locations.
Position: Manager - Pharmaceutical ProcurementKey Responsibilities
**Procurement & Vendor Management: **
Develop and execute centralized procurement strategy for pharmaceutical products across all trust hospitals
Negotiate contracts, pricing, and terms with pharmaceutical manufacturers, distributors, and suppliers
Manage vendor relationships and evaluate supplier performance
Conduct market analysis for competitive pricing and product availability
Handle tender processes and vendor empanelment procedures
**Inventory & Supply Chain Management: **
Oversee centralized warehouse (Pharmabank) operations for pharmaceutical storage and distribution
Implement inventory management systems to optimize stock levels and minimize wastage
Ensure proper storage conditions, cold chain management, and expiry tracking
Coordinate distribution schedules to all hospital locations based on demand forecasting
Manage emergency procurement for critical medicines
**Compliance & Quality Assurance: **
Ensure compliance with pharmaceutical regulations, drug licensing requirements, and storage norms
Maintain proper documentation for drug procurement, storage, and distribution
Implement quality control measures for incoming pharmaceutical products
Ensure adherence to hospital formulary guidelines and therapeutic protocols
**Financial Management: **
Develop and manage procurement budgets across all hospital units
Monitor cost optimization initiatives and report savings achieved
Implement payment terms and credit management with suppliers
Prepare procurement reports and analytics for management review
**Education: **
B.Pharmacy or M.Pharmacy (preferred)
MBA in Supply Chain/Operations Management (advantageous)
**Experience: **
8-12 years in pharmaceutical procurement, preferably in hospital/healthcare settings
Experience with centralized procurement operations
Knowledge of pharmaceutical supply chain and distribution networks
Experience in vendor management and contract negotiations
**Technical Skills: **
Understanding of pharmaceutical regulations and compliance requirements
Knowledge of drug storage, handling, and distribution protocols
Proficiency in inventory management systems and ERP software
Strong analytical and reporting skills
Knowledge of tender processes and government procurement procedures
**Key Competencies: **
Strong negotiation and vendor relationship management skills
Excellent communication and stakeholder management abilities
Problem-solving and decision-making capabilities
Leadership skills to manage procurement team
Attention to detail and compliance orientation
Reports to: operations head of pharmabank
Team Size: 3 to 5 members (procurement executives, warehouse staff, logistics coordinators)
Centralized Pharmabank facility with regular visits to hospital locations
CompensationCompetitive package commensurate with experience and qualifications(5-9 lakhs per annum)
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