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4-8 years
8 LPA - 11 LPA
PAN-India, India
1 June 22, 2026
Job Description
Job Type: Full Time Education: M.Pharm/B.Pharm or M.Sc. Skills: ICH guidelines, ICSR Case Processing, Labelling Assessment, MedDRA Coding, mRS and EQ-5D-5L, Triage of ICSRs, WHO DD Coding

Buyer – Procurement & Contracts

Location: India
Department: Supply Chain Management – Procurement & Contracts
Employment Type: Full-Time


Role Summary

The Buyer – Procurement & Contracts is responsible for supporting end-to-end procurement and supply management activities for assigned categories within the healthcare and hospital environment. The role focuses on sourcing, vendor management, procurement planning, contract administration, cost optimization, stakeholder management, and ensuring timely availability of materials and services while maintaining quality and compliance standards.

The Buyer will work closely with departmental stakeholders, suppliers, and internal procurement teams to achieve cost efficiency, uninterrupted supply, and effective contract management.


Key Responsibilities

Procurement & Supply Management

  • Support end-to-end procurement activities for assigned categories.

  • Ensure timely procurement of materials, equipment, consumables, and services as per organizational requirements.

  • Manage procurement activities within approved budgets, timelines, and quality parameters.

  • Ensure uninterrupted supply of materials to support business operations.

Stakeholder Management

  • Collaborate closely with departmental heads and internal stakeholders to understand procurement requirements.

  • Conduct regular meetings with user departments to assess current and future purchasing needs.

  • Provide procurement support and recommendations to business units.

  • Ensure timely resolution of procurement-related issues and escalations.

Procurement Planning & Budgeting

  • Prepare annual procurement plans for assigned categories.

  • Support development of category-wise procurement budgets.

  • Forecast procurement requirements based on consumption trends and project needs.

  • Monitor procurement spend against approved budgets.

Cost Optimization & Strategic Sourcing

  • Develop Internal Cost Estimates (ICE) for procurement projects.

  • Drive cost-saving initiatives through:

    • Strategic Sourcing

    • Volume Consolidation

    • Reverse Auctions

    • Vendor Negotiations

    • Vendor Managed Inventory (VMI)

  • Identify opportunities for procurement efficiency and spend optimization.

  • Monitor market trends and pricing benchmarks.

Vendor Management

  • Identify, evaluate, and onboard qualified suppliers.

  • Develop and maintain strong supplier relationships.

  • Conduct supplier performance reviews and assessments.

  • Ensure vendors meet quality, delivery, and compliance expectations.

  • Support vendor negotiations to achieve favorable commercial terms.

Contract Management

  • Prepare and review:

    • Purchase Agreements

    • Service Contracts

    • Rate Contracts

    • Contract Amendments

    • Service Level Agreements (SLAs)

  • Coordinate contract approvals with internal stakeholders.

  • Ensure compliance with organizational procurement policies.

  • Monitor contract performance and renewal timelines.

Tendering & Negotiation

  • Manage RFQ/RFP processes for assigned categories.

  • Analyze vendor quotations and commercial proposals.

  • Conduct comparative evaluations and recommendation exercises.

  • Participate in commercial negotiations with suppliers.

  • Ensure procurement decisions deliver best value for the organization.

Inventory & Supply Optimization

  • Support inventory optimization initiatives.

  • Coordinate with supply chain and warehouse teams to maintain appropriate stock levels.

  • Minimize stock-outs and excess inventory situations.

  • Monitor material consumption patterns and procurement cycles.

Compliance & Documentation

  • Ensure procurement activities comply with:

    • Organizational Policies

    • Procurement Procedures

    • Contractual Requirements

    • Regulatory Standards

  • Maintain complete procurement records and documentation.

  • Support internal and external audits as required.

  • Ensure procurement documentation remains accurate and audit-ready.

Reporting & Analytics

  • Prepare procurement reports and dashboards.

  • Monitor:

    • Cost Savings

    • Procurement Performance

    • Vendor Performance

    • Budget Utilization

  • Provide management with procurement insights and recommendations.

  • Support data-driven procurement decisions.


Required Qualifications

Education

  • Graduate Degree in:

    • Commerce

    • Business Administration

    • Supply Chain Management

    • Engineering

    • Healthcare Management

    • Related Discipline


Experience

  • 4–8 years of experience in:

    • Procurement

    • Strategic Sourcing

    • Contracts Management

    • Supply Chain Operations

  • Minimum 1–2 years of experience in:

    • Hospital Procurement

    • Healthcare Procurement

    • Medical Equipment & Consumables Procurement


Technical Skills & Competencies

  • Strong understanding of:

    • Procurement Processes

    • Strategic Sourcing

    • Contract Management

    • Vendor Management

    • Cost Analysis

    • Supply Chain Operations

  • Experience with:

    • RFQ/RFP Management

    • Procurement Planning

    • Budgeting

    • Reverse Auctions

    • Vendor Managed Inventory (VMI)

  • Proficiency in:

    • Microsoft Excel

    • ERP Systems (SAP/Oracle preferred)

    • Procurement Management Tools

  • Strong analytical and commercial negotiation skills.