We are seeking a highly motivated and detail-oriented Pharmaceutical Buying Agent to join our procurement team. The ideal candidate will be responsible for sourcing, negotiating, and purchasing pharmaceutical products from manufacturers and suppliers. This role requires a strong understanding of the pharmaceutical industry, excellent negotiation skills, and the ability to build and maintain strong relationships with vendors.
Key Responsibilities:
Source and procure pharmaceutical products, including branded and generic medications, OTC products, and medical supplies, from approved manufacturers and suppliers.
Negotiate pricing, terms, and conditions with suppliers to ensure cost-effective purchasing while maintaining quality standards.
Monitor market trends, product availability, and industry developments to identify opportunities for cost savings and new product offerings.
Build and maintain strong relationships with suppliers to ensure reliable and timely delivery of products.
Collaborate with the inventory management team to maintain optimal stock levels and avoid shortages or overstock situations.
Ensure compliance with all regulatory requirements, including FDA guidelines, NABP policies, EPCIS requirements, and company policies.
Evaluate supplier performance and resolve any issues related to product quality, delivery, or pricing.
Prepare and analyze procurement reports, including cost analysis, supplier performance, and inventory trends.