4TRANZ4 Consulting - Manager - Sourcing & Merchandising

COMPANY OVERVIEW

4TRANZ4 Consulting is technology enabled supply management company for the healthcare space. We operate by accumulating orders from healthcare institutions across the country building volumes and negotiating directly with the manufacturers of the product. Thereby we not only eliminate the unnecessary links in the supply chain which eat away at the profits of the end consumers, we are able to pass on a substantial part of the savings made to them thus increasing their profitability. Our expertise extends to offering supply chain optimisation solutions to healthcare institutions. We also provide financial instruments to healthcare institutions through strategic partnership with a leading bank which is the first of its kind in the country which ensures that the healthcare institutions enjoy the same credit periods that they currently enjoy while ensuring that they can procure at lesser costs.

Our organisation is headquartered in Cochin and currently expanding our operations in Mumbai. We have 42 hospitals who have registered with us as members and over 23 manufacturers with whom we have tied up to supply to the above members. We are looking to aggressively expand and currently in the process of entering into strategic alliances with healthcare institutions and manufacturers. We are also setting up our online portal dedicated to E-commerce of medical consumables and equipments.

JOB DESCRIPTION :

For the Sourcing & Merchandising Manager's Position, we would ideally require a Graduate (Post Graduation would be an advantage) with 3-5 yrs of exp in purchase, vendor selection & development for healthcare institutions. Must have experience of purchasing of pharmaceutical, consumables, capital items, bio-medical equipments. Candidates having hospital procurement will be considered. Please refer to a detailed JD below:

- Sourcing & Product planning.

- Planning Product Ranges and preparing Sales and Stock Plans.

- Cost control and negotiating best price & payment terms with suppliers.

- Identifying The Best-Selling and Slow-Selling Products and taking Appropriate action to optimize both cases

- Forecasting Profits and sales

- Controlling Stock Levels based on the forecast.

- Vendor management, approvals of samples, preparing cost variance report.

- New vendor identification to improve the procurement process.

- Maintain supplier relationship & Purchase Coordination.

- Review Re-Order Level & Minimum Order Quantity of Raw Material.

- Measurement of On Time Delivery & Review Pending order statement.

- Vendor Evaluation of supplier for rating their efficiency & effectiveness.

- Maintain all Reports needed by the Management, Finance and Site.

- Tend to all Queries and Clarifications pertaining to material, vendor and Quotations asked by the Management, Site and Finance Team

- Negotiation of credit period and Payment terms for all materials including CAPEX.

- Follow ups with the Vendor for Material requirements etc.

- To address and resolve all quality related issues with vendors.

- Good analytic skills to forecast the consumption Trend.

- Gathering Information customers- reaction to the products

- Maintaining Awareness Of Competitor's Performance.

- Verify the invoice and Payment follow ups with the accounts department.

Essential Pre-requisites:

- A strategic thinker who is able to develop and refine plans for successful Negotiations and Vendor On boarding

- Excellent Analytical, oral and written communication skills.

- Good presentation skills.

- Basic IT and numerical skills

- Candidates based out of Mumbai Will be preferred.