About the Company Psychocare Health Private Limited is one of India’s fastest-growing and trusted pharmaceutical companies, specializing in neuropsychiatry and mental healthcare. Established in 2013, the company is known for delivering high-quality and affordable medicines across multiple therapeutic segments including neurology, psychiatry, cardiology, and diabetes care.
An ISO 9001:2015 certified organization, Psychocare is committed to quality, innovation, and ethical business practices, with a strong nationwide presence through distributors and franchise partners.
Job Summary
The Purchase Manager will lead and oversee the procurement function, ensuring efficient sourcing of finished pharmaceutical products and uninterrupted supply chain operations. This role demands a detail-oriented and analytical professional with strong expertise in MARG ERP and Advanced Excel. The ideal candidate will possess excellent vendor management, negotiation, and follow-up skills to ensure timely procurement, cost optimization, and seamless logistics coordination.
Key Responsibilities
1. Procurement & Inventory Management
Manage end-to-end procurement of finished pharmaceutical products in a cost-effective and timely manner.
Create, review, and process purchase orders (POs) accurately using MARG ERP
Monitor inventory levels and ensure optimal stock availability through data-driven planning
Prevent stockouts and overstocking through effective demand forecasting and coordination
2. Vendor & Supply Chain Management
Develop, evaluate, and maintain strong relationships with vendors and suppliers.
Identify and onboard new vendors to ensure quality, reliability, and competitive pricing
Negotiate pricing, contracts, and payment terms to achieve cost efficiency
Ensure strict follow-up with vendors for order confirmation, dispatch, and delivery timelines
3. Logistics & Transportation
Plan and coordinate transportation and logistics for timely and safe delivery of goods
Monitor dispatch schedules and resolve transportation or delivery-related challenges
Ensure smooth coordination between vendors, transporters, and internal teams
4. Data Management & Reporting
Utilize Advanced Excel (VLOOKUP, Pivot Tables, MIS reporting) for procurement analysis and reporting
Maintain accurate records of purchase orders, invoices, and vendor data
Generate insights for cost optimization, vendor performance, and inventory planning
5. Team Leadership & Coordination
Lead, mentor, and manage the purchase team to ensure operational efficiency
Coordinate with internal departments such as warehouse, accounts, and management
Implement strong follow-up mechanisms to resolve procurement and billing issues
6. Compliance & Process Improvement
Ensure adherence to company policies, procurement procedures, and quality standards
Maintain proper documentation for audits and internal reviews
Continuously improve procurement processes to enhance efficiency and cost control
Required Qualifications & Skills
Educational Qualification
Bachelor of Master Degree (preferred)
Candidates with relevant experience in Supply Chain Management may also be considered
Experience
5–8 years of experience in procurement or purchase management
Experience in Pharma, PCD or Trading industry preferred
Software Skills: Proficiency in MARG ERP and Advanced Excel is mandatory.
Core Skills
Strong knowledge of finished goods procurement
Hands-on experience with MARG ERP
Advanced proficiency in MS Excel
Excellent negotiation and vendor management skills
Strong follow-up and coordination abilities
Knowledge of transportation and logistics management
Leadership and team handling capabilitiesStrong analytical and problem-solving skills
High attention to detail and accuracy
Preferred Attributes
Strong organizational and time management skills
Ability to manage multiple vendors and priorities simultaneously
Proactive, result-oriented, and accountable approach
Adaptability to dynamic business and market conditions
Why Join Psychocare?
Opportunity to work with a fast-growing and reputable pharmaceutical organization
Exposure to dynamic procurement and supply chain operations
Supportive and professional work environment
Strong learning and career growth opportunities
Pay: ₹30,000.00 - ₹80,000.00 per month
Benefits:
- Food provided
- Paid sick time
- Paid time off
- Provident Fund
Work Location: In person
