Senior Biomedical Purchase Executive

Job Title: Senior Biomedical Purchase Executive

Location: Trichy

Experience : Minimum 4 Years

Summary: The Senior Biomedical Purchase Executive is responsible for managing procurement activities related to biomedical equipment and supplies within a multi-specialty hospital setting. This role involves sourcing, negotiating contracts, managing vendor relationships, and ensuring the availability of high-quality biomedical products to support patient care. The Senior Biomedical Purchase Executive plays a crucial role in maintaining the hospital's medical equipment inventory while adhering to budgetary constraints and regulatory requirements.

Key Responsibilities:

Sourcing and Procurement:

Identify and source biomedical equipment, devices, and supplies from reputable vendors and manufacturers.

Conduct market research and evaluate supplier proposals to determine the best value, quality, and reliability for procurement decisions.

Negotiate contracts, pricing, and terms with vendors to secure favorable agreements and optimize procurement costs.

Inventory Management:

Manage the hospital's biomedical equipment inventory, including tracking stock levels, replenishing supplies, and maintaining accurate records.

Monitor equipment usage patterns, maintenance schedules, and lifecycle management to ensure optimal utilization and efficiency.

Implement inventory control measures to minimize waste, reduce excess inventory, and optimize storage space.

Quality Assurance and Compliance:

Ensure that all biomedical equipment and supplies meet regulatory standards, industry guidelines, and hospital requirements for safety and performance.

Collaborate with biomedical engineering and clinical staff to assess product quality, reliability, and suitability for patient care.

Conduct periodic audits and inspections of biomedical products to verify compliance with specifications and standards.

Vendor Management:

Cultivate and maintain positive relationships with vendors, suppliers, and distributors to facilitate effective communication and collaboration.

Evaluate vendor performance based on quality, delivery timeliness, pricing, and customer service, and address any issues or concerns as needed.

Identify opportunities for vendor consolidation, standardization, and strategic partnerships to streamline procurement processes and achieve cost savings.

Budgeting and Cost Control:

Develop and manage procurement budgets for biomedical equipment and supplies, ensuring alignment with organizational goals and financial objectives.

Monitor expenses, analyze spending trends, and identify opportunities for cost reduction and efficiency improvement.

Prepare financial reports, forecasts, and variance analyses to support decision-making and budget planning.

Qualifications:

Bachelor's degree in Biomedical Engineering, Healthcare Administration, Business Administration, or related field required; Master's degree preferred.