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Store Executive

Inducare Pharmaceuticals And Research Foundation

TalentMD Healthcare Jobs
Urgently Required

Store Executive

Experience :  1 to 5 years

No of vacancies :  1

Job Description: Inventory Specialists in the healthcare ecosystem are responsible for managing and maintaining the inventory of medical supplies, equipment, and pharmaceuticals. Their role is crucial in ensuring that healthcare facilities have the necessary items on hand to provide timely and effective care to patients while also maintaining cost efficiency and compliance with healthcare regulations.

Key Responsibilities: Inventory Management: Monitor and control inventory levels to ensure adequate supplies are available without overstocking, which can lead to waste.
Stock Optimization: Use inventory management systems to track supply usage, anticipate needs, and optimize stock levels based on demand patterns.
Order Processing: Process requisitions and restock items efficiently, coordinating with procurement specialists to order new supplies as needed.
Inventory Audits: Conduct regular physical counts and reconciliations of inventory to ensure accuracy and integrity of inventory records.
Loss Prevention: Implement measures to minimize loss due to expiry, damage, or theft, and ensure proper storage conditions are maintained.
Reporting: Generate and analyze reports on inventory levels, usage trends, and cost analysis to support decision-making and cost control efforts.
Compliance and Safety: Ensure inventory practices comply with healthcare regulations, including proper handling and storage of pharmaceuticals and hazardous materials.
Supplier Liaison: Collaborate with suppliers and the procurement team to resolve issues related to deliveries, discrepancies, and product quality.
Technology Utilization: Leverage inventory management software and technology to streamline processes, improve accuracy, and enhance efficiency.
Team Collaboration: Work closely with clinical and administrative staff to understand and meet their inventory needs, ensuring support for patient care activities.

Education Qualifications: Educational Background: A degree in supply chain management, logistics, business administration, or a related field is preferred, although significant experience in inventory management, particularly in a healthcare setting, may substitute for formal education.
Experience: Prior experience in inventory management or a related role, with a strong understanding of healthcare operations and supply chain processes.
Certifications: Certifications such as Certified in Production and Inventory Management (CPIM) or Certified Inventory Optimization Professional (CIOP) can be beneficial.
Skills and Competencies: Proficiency in inventory management systems, strong analytical and problem-solving skills, attention to detail, ability to work independently, and effective communication skills.

Key Attributes: Detail-Oriented: Exceptional attention to detail for tracking inventory accurately and identifying discrepancies.
Analytical Thinker: Ability to analyze inventory trends and usage patterns to optimize stock levels and reduce waste.
Problem Solver: Skilled in resolving issues related to inventory shortages, overstock, and discrepancies.
Adaptable: Capable of adapting to changing healthcare demands and supply chain challenges.
Team Player: Works well with others across different departments to meet the collective goal of supporting patient care through effective inventory management.

About the Role: Operational Supporter: Ensures that healthcare professionals have the supplies and equipment they need, enabling them to focus on patient care.
Cost Efficiency Advocate: Plays a key role in minimizing waste and controlling costs through efficient inventory management.
Compliance Enforcer: Ensures that inventory practices comply with healthcare regulations and standards, contributing to patient safety and organizational integrity.
Data Analyst: Provides valuable insights into supply usage and needs, supporting strategic decisions related to budgeting, procurement, and supply chain management.
Collaborative Partner: Acts as a bridge between departments, facilitating communication and collaboration to meet inventory needs efficiently and effectively.
Inventory Specialists are critical in the smooth operation of healthcare facilities, ensuring that the right supplies are available at the right time to support quality patient care, while also managing resources efficiently to support the facility’s financial health.