Procurement Manager at Lifestores Pharmacy

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
93452
Job Views
72

Job Description




  • 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


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