Sunway Multicare Pharmacy Hiring! Full Time Procurement Executive (Category Buyer) in Federal Territory - Ricebowl

This position is responsible for managing procurement activities for the retail pharmacy operations, which include sourcing, negotiating, and procuring a wide range of pharmaceutical and healthcare products to meet our business needs while ensuring cost efficiency and product quality.

Responsibilities:

1. Contract & Commercial Management

• Manage and administer supplier contracts, including terms, pricing, rebates, and service levels
• Monitor contract compliance and renewal timelines
• Manage other income components such as rebates, marketing support, listing fees, and promotional contributions

2. Financial & Billing Coordination

• Prepare and issue Proforma Invoices on a quarterly basis
• Coordinate and follow up on Accounts Receivable (AR) invoices to ensure timely collection
• Liaise with suppliers and internal finance teams to resolve billing discrepancies

3. Stock Allocation & Supply Planning

• Allocate stocks across warehouses and outlets based on demand and sales performance
• Coordinate with suppliers on delivery schedules and replenishment planning
• Ensure optimal stock availability to minimize out-of-stock and overstock situations

4. Item Master & System Maintenance

• Maintain and update Item Master data in the system
• Perform new item code creation for newly listed products
• Execute price updates, including cost price, selling price, and promotional pricing
• Ensure data accuracy and consistency across systems

5. Inventory Management

• Monitor inventory levels, stock ageing, and expiry management
• Conduct stock rebalancing between outlets and warehouses to optimize inventory turnover
• Support inventory optimization initiatives to reduce slow-moving and obsolete stocks

6. Sourcing & New Product Listing

• Identify and source new products and brands aligned with business strategy
• Evaluate new product proposals, including commercial viability and market potential
• Coordinate internal approvals and manage the new product listing process
• Work closely with suppliers during onboarding and launch phases
• Any other duties as and when assigned from time to time.

Job Requirements:

• Bachelor’s degree in Procurement, Supply Chain Management, Business or any related field.
• Minimum 2 - 3 years of relevant work experience in procurement, category buying, preferable within the retail pharmacy or healthcare industry.
• Experience in the medical device and rehabilitation categories will be added advantage.
• Familiarity with regulatory requirements for pharmaceutical procurement is added advantage.
• Effective negotiation and contract management skills.
• Strong analytical skills with the ability to conduct cost analyses.
• Effective communication and interpersonal skills.
• Ability to work independently and as part of a team.