Key Responsibilities
- Strategic Procurement Sourcing
- Develop and implement sourcing strategies for private label (Rosscare) and pharma SKUs.
- Identify, evaluate, and onboard suppliers capable of meeting quality, cost, and compliance parameters.
- Supplier Development Relationship Management
- Negotiate long-term contracts, pricing, and delivery schedules.
- Conduct regular supplier performance reviews and foster a network that supports quality assurance and timely deliveries.
- Inventory Supply Chain Management
- Collaborate with demand planning and store teams to optimize inventory, ensuring ideal stock levelsneither overstocked nor short.
- Monitor non-moving and near-expiry inventory, initiating actions like markdowns, returns, or transfers as necessary
- Compliance Regulatory Oversight
- Ensure compliance with pharmaceutical procurement regulations and internal quality standards.
- Maintain accurate procurement documentationpurchase orders, comparative statements, supplier audits, and MIS reports
- Cost Control
- Optimize procurement costs to improve gross margins.
- Cross Functional Collaboration
- Work closely with teams in product development, quality assurance, finance, operations, and logistics to ensure a seamless supply chain for private-label and pharma products.
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Qualifications Experience
Education : Bachelors in Pharmacy (B.Pharm) / Life Sciences / Supply Chain / Business Administration; MBA or Postgraduate qualification preferred.Experience : At least 4-7 years in procurement, especially within retail pharmacy or FMCG, with hands-on experience in private-label product sourcingSkills and Competencies :Strong negotiation, analytical, and communication skills.In-depth knowledge of regulatory norms and quality protocols for pharmaceuticals.Proficiency in procurement / inventory management systems.Proven ability to drive cost-saving and efficiency initiatives.This job is provided by Shine.com
Skills Required
Inventory Management, Cost Control