Specialist, Drug Procurement

Responsibilities

• Execute daily purchasing tasks including order placement, tracking and inventory management.
• Maintain and develop as needed, accurate and up-to-date records of all purchasing transactions (trackers / dashboards).
• Reconcile invoices against inventory receipt to identify and resolve shortages or overages within an order.
• Reconciliation of purchase orders entered into inventory management system against invoices to ensure accurate pricing is reflected.
• Monitor primary and secondary vendor agreements for compliance with generic compliance and minimum volume commitments.
• Ensure / communicate timely availability of inventory to meet operations team requirements.
• Develop and manage relationships with key suppliers.
• Utilize data analytics to identify opportunities for cost savings and process improvements.
• Continuously evaluate and refine procurement strategies to meet changing business needs and market conditions.
• Track pull through and ensure alignment between inventory levels and sales forecasts.
• Analyze market trends to inform purchasing decisions and anticipate potential supply chain disruptions.
• Monitor supplier performance and market conditions to identify risks and opportunities.
• Contribute to the department goal of improved efficiency and effectiveness, including the capture of strategic client opportunities using approved reference resources that support proposal and presentation development activities.

Qualifications

• Bachelor’s degree in business, finance, economics, supply chain, or related field or relevant experience within Medication Inventory management and procurement preferred.
• 1-2 years of experience within a healthcare setting participating or managing inventory required.
• Experience in proficient utilization of PC in both spreadsheet and word processing desktop environment including software applications including Microsoft products.