Procurement Associate at Drugstoc eHub Limited

About the job

• We are seeking a Procurement Associate to manage purchasing, maintain supplier relationships, and ensure compliance with company policies in our pharmaceutical firm.
• The ideal candidate will have strong analytical and communication skills and a solid understanding of procurement best practices in the pharmaceutical industry.

Responsibilities

• Implement procurement strategies aligned with company goals and objectives.
• Identify opportunities for cost savings and efficiency improvements.
• Establish and maintain strong relationships with key suppliers.
• Negotiate contracts, terms and conditions with suppliers to ensure favorable terms.
• Manage inventory levels to ensure optimal stock without over or under supply.
• Evaluate the performance of suppliers to ensure compliance with contractual obligations and quality standards.
• Ensure compliance with regulatory requirements and company policies.
• Raise purchase orders, organizing and confirming delivery of pharmaceutical goods and services.
• Source and Evaluate Potential Suppliers based on Quality, Cost, and service.
• Maintain strong relationships with existing vendors and develop new supplier relationships.
• Develop and implement cost reduction strategies while maintaining product quality and availability.

Requirements

• Familiarity with sourcing and vendor management 
• Interest in market dynamics along with business sense 
• Enviable negotiation skills and relationship management skills 
• Working experience of vendor management software 
• Ability to gather and analyze data and work with figures 
• Solid judgment with ability to make good decisions 
• Strong leadership capabilities 
• First class or a minimum of second-class degree in either Statistics, Mathematics, Economics, Chemistry, Physics, Pharmacy an added advantage. 
• 3+ years of experience in Procurement or Supply Chain Management in the pharmaceutical, Retail & FMCG industry. 
• Experience in the pharmaceutical sector is an added advantage.