Procurement Manager needed at Lifestores Pharmacy

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Job title : Procurement Manager

Job Location : Lagos

Deadline : August 09, 2024

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  • We are looking for a Procurement & Planning Manager who is analytical, team-oriented, well-organized, self-motivated, and experienced in pharmaceutical procurement.
  • You will play a crucial role in assisting to optimizing the procurement process at Lifestores to ensure the timely and cost-effective acquisition of products.
  • Your primary responsibility will be to support the procurement team in sourcing, negotiating and coordinating the procurement activities while adhering to industry regulations and quality standards.

Responsibilities

  • Developing, leading, and executing procurement and planning strategies
  • Tracking and reporting key functional metrics to reduce expenses and improve effectiveness.
  • Prioritizing, sourcing, negotiating SLAs with suppliers, engaging and onboarding new suppliers
  • Crafting negotiation strategies and closing deals with optimal terms.
  • Partnering with stakeholders to ensure clear requirements documentation.
  • Performing cost and scenario analysis, and benchmarking.
  • Assessing, managing, and mitigating inventory planning and procurement risks
  • Collaborate with internal stakeholders to understand the procurement needs and requirements of customers
  • Maintaining strong relations with existing suppliers and new suppliers.
  • Conducting demand/ reorder planning, negotiating for improved Items
  • Assisting in sourcing, evaluating and selection of suppliers/vendors based on quality, cost, delivery
  • Following up on orders sent to suppliers to ensure on-time delivery
  • Ensuring full availability of products, securing promotional discounts from suppliers
  • Conducting price reviews
  • Updating the OGA Pharmacy formulary list and ensuring new products are updated on Pharm IQ
  • Develop demand forecasts at multiple levels of aggregation. Review historical sales trends, research demand drivers, prepare forecast data, develop statistical forecast models, and evaluate forecast results.
  • Ensure that risks to business are escalated with Root cause analysis and recommendations for mitigation.
  • Map out demand drivers assumed in forecast & validate them against statistical and historical events. Lead forecast bias and forecast error corrective action.
  • Influence the team performance by challenging the workflow of the Demand and Supply Planning process

Qualifications

  • Bachelor’s degree in Sciences, business administration or a related field.
  • Minimum of 6 years proven experience in procurement or supply chain management within the pharmaceutical industry is preferred
  • Sound knowledge of procurement principles, practices, and regulatory requirements specific to the pharmaceutical industry
  • Excellent negotiation and vendor management skills
  • Excellent communicator, both written and verbally with strong attention to details
  • Strong analytical skills
  • Strong organizational and project management skills

How to Apply for this Offer

Interested and qualified candidate should send their CV to [email protected] using the job title as the subject of the mail

  • Store Keeping/Procurement  jobs