Procurement Manager

Key Responsibilities

• Strategic Procurement & Sourcing

o             Develop and implement sourcing strategies for private label (Rosscare) and pharma SKUs.

o             Identify, evaluate, and onboard suppliers capable of meeting quality, cost, and compliance parameters.

• Supplier Development & Relationship Management

o             Negotiate long-term contracts, pricing, and delivery schedules.

o             Conduct regular supplier performance reviews and foster a network that supports quality assurance and timely deliveries.

• Inventory & Supply Chain Management

o             Collaborate with demand planning and store teams to optimize inventory, ensuring ideal stock levelsneither overstocked nor short.

o             Monitor non-moving and near-expiry inventory, initiating actions like markdowns, returns, or transfers as necessary

• Compliance & Regulatory Oversight

o             Ensure compliance with pharmaceutical procurement regulations and internal quality standards.

o             Maintain accurate procurement documentationpurchase orders, comparative statements, supplier audits, and MIS reports

• Cost Control

o             Optimize procurement costs to improve gross margins.

• Cross Functional Collaboration

o             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 sourcing
• Skills and Competencies:

o             Strong negotiation, analytical, and communication skills.

o             In-depth knowledge of regulatory norms and quality protocols for pharmaceuticals.

o             Proficiency in procurement/inventory management systems.

o             Proven ability to drive cost-saving and efficiency initiatives.