This job is provided by apna.co Job Description: Purchase Executive (Pharma) - Chemist Box Private Limited
About Chemist Box Private Limited: Chemist Box Private Limited, a prominent multi-outlet retail pharmacy chain in Bihar, With 20-24 physical stores with massive expansion plan.
Position: Purchase Executive.
Location: Patna, Bihar
Job Summary: A Purchase Executive in a retail pharmacy drives cost-effective procurement of medicines, OTC products, and healthcare goods. They source reliable vendors, negotiate pricing and trade schemes, and prevent stock-outs or overstocking to optimize supply chain efficiency and maximize profitability.
Key Responsibilities
Procurement & Vendor Management: Source and evaluate pharmaceutical suppliers, negotiate favorable terms (credit periods, trade schemes), and process accurate purchase orders.
Inventory & Stock Management:
Monitor inventory levels to prevent both stock-outs and excess stock. Revisit reorder levels and maintain optimal stock quantities.
Regulatory & Quality Compliance: Ensure all procured Medicines and healthcare products and meet national/regional legislation and regulatory standards.
Preferred Qualifications
Education: Bachelor's degree in Pharmacy (B. Pharm), Supply Chain Management, or Business Administration.
Experience: Minimum 2 to 3 years of experience in medical/pharmaceutical procurement or retail supply chain management.
Skills: Solid vendor negotiation, inventory analysis, and proficiency in ERP software (such as SAP MM) or computerized pharmacy management systems.