Procurement Manager at Ilara Health

The Role

As the Procurement Manager for Ilara Health's Medicines supply business, you will be responsible for optimizing pricing strategies, procurement processes, and maintaining strong relationships with suppliers. Your primary focus will be on ensuring cost-effectiveness, efficiency, and timely delivery of medicines and healthcare supplies. You will collaborate with various internal teams and external partners to enhance pricing strategies and supplier relationships, ultimately contributing to operational excellence and customer satisfaction.

Responsibilities

Pricing Strategy and Supplier Management:

• Develop and implement pricing strategies that balance cost-effectiveness with customer requirements.
• Maintain strong relationships with suppliers, ensuring timely and accurate delivery of medicines and supplies.
• Collaborate with cross-functional teams to align pricing and procurement goals with overall business objectives.
• Regularly analyze pricing and procurement data and metrics to identify areas for improvement and implement appropriate strategies.
• Negotiate prices, onboard new suppliers to meet margin targets

Order Processing and Procurement:

• Develop and implement efficient order processing workflows to ensure accuracy and timeliness.
• Collaborate with internal teams to ensure accurate order processing and procurement.
• Monitor procurement metrics, such as order cycle time and cost-effectiveness, and take corrective actions when necessary.

Performance Monitoring and Reporting:

• Develop and maintain key performance indicators (KPIs) to monitor and evaluate pricing and procurement operations.
• Generate regular reports on pricing and procurement performance, highlighting areas of success and improvement opportunities.
• Conduct root cause analysis to identify the reasons behind pricing and procurement issues and implement corrective actions.

Market Intelligence and Pricing

• Ensure up to date market pricing data for competitive products
• Adjust pricing to make sure products remain competitive in the market
• Conceive and implement discounting strategies across all channels
• Own and achieve margin targets

Requirements

• Proven experience in pricing, procurement, or supplier management, preferably within the healthcare or pharmaceutical industry.
• Strong understanding of pricing strategies, procurement processes, and supplier relationship management.
• Familiarity with regulatory requirements related to medicines and healthcare products.
• Excellent analytical skills with the ability to interpret data and generate actionable insights.
• Proficiency in using pricing and procurement software and tools.

Who You Are

• Exceptional organizational and multitasking abilities, with a keen eye for detail.
• Strong negotiation, communication, and relationship management skills.
• Ability to work well under pressure and meet tight deadlines.
• Demonstrated leadership skills and the ability to collaborate effectively with cross-functional teams.