Purchase Executive (Pharma)

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.

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.

Requirements

Preferred Qualifications

• 
  Education: Bachelor's degree in Pharmacy (B. Pharma), Supply Chain Management, or Business Administration.
  
• Experience: Minimum 1 to 5+ years of experience in medical/pharmaceutical procurement or retail supply chain management.
  
• Skills: Strong vendor negotiation, inventory analysis, and proficiency in ERP software (such as SAP MM) or computerized pharmacy management systems.

Benefits

Salary: 3 lacs to 3.6 lacs