Purchase Executive - Pharmaceuticals

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