About this role

Job Posting

Procurement Officer Job at Med-In Pharmaceutical Limited

Med-In Pharmaceutical Limited, a producer, manufacturer and seller of intravenous infusion, is recruiting to fill the position below:

Job Position: Procurement Officer

Job Location: Sagamu Interchange, Ogun

Employment Type: Full-time

Job Description

Sourcing and Supplier Management:

Identify and evaluate potential suppliers for pharmaceuticals, raw materials, and services.
Develop and maintain strong relationships with suppliers to ensure timely and cost-effective delivery.
Conduct market research to identify new sourcing opportunities.
Procure materials from the local and international markets as forwarded by different departments

Negotiation and Contract Management:

Negotiate pricing, terms, and conditions with suppliers while ensuring compliance with company policies and regulations.
Draft, review, and manage contracts and purchase orders to ensure they meet company standards and legal requirements.

Inventory Management:

Monitor inventory levels and forecasts to ensure adequate supply without overstocking.
Collaborate with different departments to streamline inventory practices and reduce waste.

Regulatory Compliance:

Ensure all purchasing practices and supplier relationships comply with relevant pharmaceutical regulations and industry standards
Maintain documentation related to procurement activities, contracts, and supplier evaluations.

Cost Control and Budgeting:

Assist in budgeting processes by providing insights on procurement costs and identifying potential savings.
Analyze spending data and trends to develop cost-saving initiatives.

Cross-Functional Collaboration:

Work closely with quality assurance, and manufacturing teams to understand their procurement needs and ensure timely delivery of materials.
Support the development of product specifications in collaboration with relevant departments.

Performance Monitoring

Procurement Officer