Pharmacy Procurement Manager
Al Farabi Medical Group · Riyadh, Riyadh, Saudi Arabia
Apply & track with Apply EdgeHiring | Pharmacy Group Procurement Manager Location: Riyadh, Saudi ArabiaA leading pharmacy group is seeking an experienced Procurement Manager to lead pharmaceutical purchasing, supplier management, and inventory optimization across its pharmacy network and medical complex pharmacies.Job SummaryThis role focuses on driving profitability, optimizing procurement strategies, and enhancing supplier performance within a dynamic healthcare environment. The ideal candidate will play a key role in improving margins, reducing costs, and ensuring product availability.Key ResponsibilitiesDevelop and execute procurement strategies to support growth and profitabilityManage supplier relationships, negotiations, and commercial agreementsNegotiate pricing, rebates, contracts, and payment termsOptimize inventory, reduce expiries, and improve stock turnoverLead category management strategies to enhance sales and marginsAnalyze supplier and product performance for data-driven decisionsCollaborate with cross-functional teams (medical, finance, operations, marketing)Ensure compliance with SFDA regulations and internal policiesPrepare procurement reports, KPIs, and lead team developmentQualifications & ExperienceBachelor’s degree in Pharmacy (mandatory)7+ years of experience in pharmaceutical procurementProven experience in pharmacy chains or healthcare organizationsStrong supplier network within Saudi ArabiaStrong negotiation and cost optimization track recordAdvanced skills in inventory management and demand forecastingProficiency in Excel, ERP systems, and procurement platformsPreferred QualificationsMBA (Finance / Supply Chain / Operations)Experience in medical complexes or specialty clinicsStrong background in category management and commercial performanceKey KPIsCost savings and margin growthInventory turnover improvementReduction in expiries and wasteProduct availability rateSupplier performance and compliance