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.
Benefits:
- Cell phone reimbursement
- Commuter assistance
- Food provided
- Internet reimbursement
- Provident Fund
Work Location: In person
