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- Tasks: Join us as a Buyer or Senior Buyer, sourcing pharmaceuticals and optimising stock availability.
- Company: Be part of a leading supplier in the pharmaceutical industry, serving UK and international markets.
- Benefits: Enjoy a competitive salary, full-time hours, and opportunities for occasional travel.
- Why this job: Make an impact by ensuring quality products are available while developing your career in a dynamic environment.
- Qualifications: Experience in purchasing or supply chain management is preferred; passion for pharmaceuticals is a must.
- Other info: This role offers a chance to work closely with sales and develop strategic purchasing initiatives.
The predicted salary is between 34000 - 46000 £ per year.
We are now looking to recruit a hands-on Buyer or Senior Buyer Manager (Pharmaceuticals) on behalf of a client. Our client is a major player in the supply of pharmaceuticals to the UK and International markets. Reporting to the Directors, the roles will hold accountability for developing key purchasing business opportunities focusing on Pharmaceuticals. Working closely with the Sales team, he/she will ensure the Company has the most updated quality range at competitive prices to meet customer requirements. The roles are full time, permanent Monday-Friday, 40 hours per week, and require occasional travel to EU countries and within the UK.
Responsibilities
- Align with business objectives set by Board of Directors to achieve the best value for money.
- Source Pharmaceuticals competitively from suppliers, taking into account cost, drug tariff, category M, availability, and continuity of supplies.
- Obtain information on potential new products and locate cheapest sources anywhere in the UK.
- Research and identify new suppliers and negotiate the best prices for existing products.
- Maintain a database of information relating to potential new products.
- Maintain records of sales and suppliers.
- Analyse data or insights to determine industry trends.
- Devise long-term development strategies for product categories.
- Develop exit strategies for unsuccessful products.
- Work closely with the purchasing team to optimise the use of alternative sourcing opportunities through the UK (when appropriate) and to optimise UK and P.I. stock availability and profit.
- Develop, negotiate and close new business in line with targets and business objectives.
- Liaise with the sales department on a regular basis to ensure stock turn is maintained, minimise out of date products and provide excess stocks information.
- Check existing stock levels and calculate future purchasing needs based upon recent sales usage.
- On a regular basis check short dated stock and over stocks and implement sales activity to clear through stocks effectively.
- Liaise with suppliers to ascertain product availability and place purchase orders across a range of suppliers, where necessary, to ensure future stock needs are fulfilled at the most competitive prices.
- Ensure orders are placed in a timely fashion so as to ensure stock is received in advance of being required.
Contact Detail:
McAllister Recruitment & Consultancy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pharmaceutical Buyer
✨Tip Number 1
Network within the pharmaceutical industry to connect with professionals who can provide insights into the role. Attend industry events or join relevant online forums to engage with potential colleagues and learn about the latest trends in pharmaceutical purchasing.
✨Tip Number 2
Familiarise yourself with key suppliers and competitors in the pharmaceutical market. Understanding their offerings and pricing strategies will give you an edge during interviews, showcasing your knowledge of the industry landscape.
✨Tip Number 3
Prepare to discuss your experience with data analysis and how it relates to purchasing decisions. Highlight any specific tools or software you've used to analyse market trends and supplier performance, as this is crucial for the role.
✨Tip Number 4
Demonstrate your negotiation skills by preparing examples of successful negotiations you've conducted in the past. Be ready to explain your approach and the outcomes, as this will be a key aspect of the Buyer role.
We think you need these skills to ace Pharmaceutical Buyer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in purchasing, particularly within the pharmaceuticals sector. Emphasise any achievements related to cost savings, supplier negotiations, and inventory management.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities outlined in the job description. Mention your understanding of the pharmaceutical market and how your skills align with the company's objectives.
Showcase Relevant Skills: In your application, clearly demonstrate your analytical skills, negotiation abilities, and experience with supplier management. Use specific examples to illustrate how you've successfully sourced products or managed stock levels in the past.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in a buyer role.
How to prepare for a job interview at McAllister Recruitment & Consultancy
✨Know Your Pharmaceuticals
Make sure to brush up on your knowledge of the pharmaceutical industry, including current trends and key players. Being able to discuss recent developments or challenges in the sector will show your passion and understanding of the role.
✨Demonstrate Negotiation Skills
Prepare examples of past experiences where you successfully negotiated prices or terms with suppliers. This is crucial for a Buyer role, so be ready to showcase your ability to secure the best deals.
✨Understand Supply Chain Dynamics
Familiarise yourself with supply chain management principles, especially in pharmaceuticals. Be prepared to discuss how you would ensure continuity of supplies and manage stock levels effectively.
✨Align with Business Objectives
Research the company’s goals and values. During the interview, express how your purchasing strategies can align with their objectives, demonstrating that you are not just a buyer but a strategic partner in their success.
