Pharmaceutical Procurement Lead

A typical Job Description (JD) for an AGM (Assistant General Manager) in Pharmacy Purchase would outline the responsibilities, required skills, and experience for a leadership role in managing the purchase of pharmaceutical products and materials. This includes strategic planning, vendor management, negotiation, and ensuring compliance with regulatory standards.

Key Responsibilities :

• Strategic Planning & Procurement :
• Develop and implement procurement strategies for APIs, raw materials, and solvents, optimizing for cost, quality, and availability.
• Vendor Management :
• Build and maintain relationships with suppliers, evaluate their performance, and negotiate favorable terms.
• Negotiation & Price Management :
• Negotiate prices and payment terms to achieve industry-best rates and ensure cost-effectiveness.
• Inventory Management :
• Manage inventory levels, ensuring timely availability of materials while minimizing holding costs.
• Supply Chain Management :
• Oversee the entire procurement process, from initial demand to final delivery, ensuring seamless and efficient flow of materials.
• Team Leadership :
• Lead and manage a team of procurement professionals, providing guidance, support, and performance evaluation.
• Process Improvement :
• Identify and implement process improvements to enhance efficiency and reduce costs.
• Cost Control :
• Identify and implement strategies to reduce procurement costs and improve overall cost efficiency.
• Data Analysis & Reporting :
• Review monthly MIS reports, track key performance indicators, and present consolidated reports to senior management.