Pharmacy Procurement Officer at Healthrite Pharmacy

Job Summary

• Evaluating suppliers, maintaining relationships, approving products, and ensuring the cost-effective procurement of materials, parts, or goods.

Duties/Responsibilities

• Develop and Implement a Robust Procurement Policy and Procedure.
• Establish re-order levels for Consumables and procedures for making and filing requisitions to ensure uninterrupted hospital operations
• Establish a Centralized Stockkeeping Repository for all Hospital consumables and Procurement.
• Undertake periodic stocktaking and stock counts across all the Hospital locations reconciling, discrepancies and identifying obsolete or slow-moving inventory items for proper disposal or replacement.
• Ensure compliance with all relevant laws, regulations and industry standards in procurement processes.
• Maintain accurate records of procurement activities, vendor contracts and related documentation.
• Keep an updated Register of approved Vendors/Suppliers in respect of all Hospital suppliers including developing a supplier onboarding procedure.
• Identify and maintain a strong network of reliable and quality-driven suppliers/vendors. Conduct market research and analysis to identify potential cost-saving opportunities.
• Collaborate with internal stakeholders to understand their procurement needs and requirements.
• Develop and implement a procurement budget, forecasting procurement needs and monitoring purchases to ensure strict adherence to approved budget.
• Identify cost-saving opportunities, negotiate competitive pricing and implement cost-effective procurement strategies.
• Collaborate with finance and accounting teams to reconcile invoices, resolve payment discrepancies and ensure proper documentation for audit purposes.

Education and Experience

• Bachelor's Degree in Supply Chain Management, Business Administration or a related field.
• At least 5 years of experience in procurement.

Required Skills/Abilities:

• Candidate must have experience in sourcing, vendor management, and buying too.
• A thorough understanding of sourcing methodologies.
• Must have very good analytical skills
• Must be focused on order fulfillment and not just on placing orders with suppliers
• Strong negotiation skills.
• Excellent interpersonal and communication skills.
• Understand the business of procurement (Sourcing)
• Sound time-management and organizational skills.
• Good understanding of margins when pricing
• Proficiency in Microsoft Word, PowerPoint, Excel, and Outlook