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Job details:
Job Description – Medicine Procurement Specialist
Company: Magicine Pharma
Department: Procurement & Supply Chain
Experience: 4–5 Years (Mandatory)
About the Role
Magicine Pharma is hiring an experienced Medicine Procurement Executive for its online pharmacy operations. The candidate should have expertise in JIT procurement, indent planning, vendor management, and medicine sourcing across India.
Key Responsibilities
* Manage end-to-end procurement of pharmaceutical products.
* Handle JIT inventory planning, demand forecasting, and indent preparation.
* Generate Purchase Orders (POs) and ensure timely procurement.
* Source medicines from distributors and manufacturers across India.
* Negotiate the best rates, schemes, and payment terms.
* Develop and maintain strong relationships with vendors and distributors.
* Ensure product availability by monitoring inventory and replenishment while optimizing stock levels.
* Track purchase orders and follow up with suppliers for timely deliveries.
* Coordinate with Warehouse, Finance, Sales, and Operations teams for smooth procurement.
* Monitor inventory, expiry management, alternate sourcing, and prepare procurement/MIS reports.
Requirements
* 4–5 years of experience in pharmaceutical procurement (preferably online pharmacy/e-pharmacy).
* Strong knowledge of JIT inventory management, demand forecasting, and indent planning.
* Excellent negotiation and vendor management skills.
* Good understanding of pharmaceutical distribution channels across India.
* Proficiency in Excel and ERP systems.
Preferred Background
Experience in Online Pharmacy, Pharmaceutical Distribution, Hospital Procurement, or Large Retail Pharmacy Chains.
We are looking for a proactive professional who can build a cost-efficient, reliable procurement system while ensuring uninterrupted medicine availability and the best commercial terms.
Click on Apply to know more.