Procurement Manager (Retail Pharmacy)

Job Title : Procurement Manager [Retail Pharmacy]

Location : Gurugram

Job Overview

The Purchase Manager oversees procurement for retail pharmacy for Rx medicines. This role is responsible for sourcing pharmaceutical products, negotiating with vendors, managing inventory levels, and ensuring compliance with regulatory standards all while aligning procurement strategies across digital and brick-and-mortar channels.

Key Responsibilities

• Develop and implement procurement strategies

  tailored for in-store pharmacy operations.

• Source and evaluate suppliers

  , establish a vendor database, and build strategic supplier relationships.

• Negotiate contracts, pricing, and terms

  to secure cost-effective deals without compromising quality.

• Manage inventory levels

  , ensuring optimal stock to meet physical-store demand while minimizing overstock.

• Ensure all procurement activities comply with pharmaceutical regulations and standards

  (e.g., GDP, GMP).

• Monitor market trends

  , new product launches, and adjust procurement strategies accordingly.

• Collaborate with internal teams

  including pharmacists, supply chain, finance, and digital operations—to forecast demand and plan procurement.

• Analyze purchasing data and report

  on cost savings, supplier performance, and inventory metrics.

• Identify and implement process improvements

  for procurement workflows and vendor management.

Qualifications & Skills

• Bachelor’s degree in

  Pharmacy

  , Business Administration, Supply Chain Management, or related field;

  Pharmacy degree preferred

  .

• 5+ years of procurement experience

  , preferably in the pharmaceutical or healthcare sector.
• Demonstrated

  negotiation, analytical, and communication skills

  .

• Familiarity with procurement tools

  and ERP/MRP systems.
• Strong understanding of

  pharmaceutical quality standards

  , including GDP/GMP.
• Excellent

  organizational, multitasking, and problem-solving abilities

  .
• Regulatory knowledge in pharmacy

  procurement of Rx medicines

  and supply chain compliance.