Purchase Executive - Pharmaceuticals
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: Strong vendor negotiation, inventory analysis, and proficiency in ERP software (such as SAP MM) or computerized pharmacy management systems. Salary: 3 lacs to 3.6 lacs