The posting
Procurement Officer
Industry: Healthcare / Pharmacy Location: Ajah Lagos Salary: 150,000 - 200,000 Monthly Experience: 2-4 Years
Job Summary
The Procurement Officer oversees the end-to-end procurement of pharmaceuticals, consumables, and medical equipment, ensuring timely, cost-effective, and compliant purchasing according to GDP/GMP and healthcare regulations.
Key Responsibilities
1. Supplier & Vendor Management
- Identify and evaluate reliable suppliers.
- Maintain strong vendor relationships and conduct periodic performance assessments.
- Ensure all vendors adhere to quality and compliance standards.
2. Sourcing, Negotiation & Contracting
- Conduct market research to identify competitive pricing and new vendors.
- Request and analyze supplier quotations.
- Negotiate pricing, contracts, and delivery timelines to achieve cost efficiency.
3. Procurement & Order Management
- Process purchase requisitions and raise purchase orders.
- Track and follow up on orders to ensure timely delivery.
- Resolve discrepancies related to deliveries or invoices.
4. Inventory & Stock Control
- Monitor stock levels and maintain reorder thresholds.
- Support periodic stock counts and reconciliations.
- Identify expired, slow-moving, or obsolete inventory.
5. Compliance & Documentation
- Ensure all purchasing activities follow GDP/GMP and regulatory requirements.
- Maintain proper documentation for audit trails.
- Keep updated records of contracts, POs, invoices, and receipts.
6. Quality Assurance Support
- Verify that all delivered items meet required quality, packaging, and storage standards.
- Work with pharmacists and QA staff to address quality concerns.
7. Budgeting & Reporting
- Assist in preparing the procurement budget and forecasts.
- Track expenses and provide periodic procurement reports to management.
Key Performance Indicators (KPIs)
1. Cost Efficiency & Savings
- Achieve 510% annual cost savings through effective sourcing and negotiation.
- Maintain at least 95% supplier price compliance with agreed contract terms.
2. Timeliness & Delivery Performance
- Ensure 98% on-time delivery of pharmaceuticals and consumables.
- Reduce procurement cycle time to 35 business days from requisition to delivery.
3. Inventory & Stock Accuracy
- Maintain 95100% stock accuracy during monthly stock reconciliations.
- Keep stockout rate below 2% monthly for fast-moving and critical items.
- Reduce expired/obsolete stock to less than 1% of inventory value.
4. Supplier Performance & Compliance
- Ensure 100% compliance with GDP/GMP procurement standards.
- Achieve 90%+ supplier performance rating based on quality, pricing, and service.
5. Documentation & Audit Readiness
- Maintain 100% completeness of procurement documents for audit purposes.
- Achieve zero audit non-compliance related to procurement processes.
6. Budget Adherence
- Maintain procurement spending within approved budget limits.
- Provide accurate and timely monthly procurement reports.
Qualifications & Requirements
- B.Sc./HND in Supply Chain Management, Pharmacy, Business Administration, or a related field.
- 2-4 years of experience in healthcare/pharmaceutical procurement.
- Strong understanding of GDP/GMP and pharmaceutical supply chain processes.
- Proficiency in MS Office and inventory management software.
- Strong negotiation, communication, and analytical skills.
- Detail-oriented, organized, and able to work under pressure.
Benefits
- Competitive Salary: 150,000 - 200,000
- Health benefits
- Professional development and training
- Career advancement opportunities
- Conducive work environment
How to Apply
Interested and qualified candidates should send their CV to [email protected] using Procurement Officer Ajah as the subject line.



