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Inventory Management Specialist
Full-time Regular Middleton, WI, US
2 days ago Requisition ID: 1655
POSITION SUMMARY
Assists the clinical, reimbursement, and operations teams in the areas of purchasing and inventory management. Serves as a company resource for questions relating to product selection, contract utilization, inventory control, accounts payable related to inventory, and reimbursement for purchased goods.
TECHNICAL RESPONSIBILITIES
- Understands and adheres to all applicable state, local and federal laws and/or regulations, as well as company policies and procedures.
- Evaluates purchasing contracts and selects products that minimize cost of inventory while maximizing reimbursement.
- Checks and maintains inventory levels and places inventory orders.
- Monitors item usage and makes recommendations for adjustments to standard levels that assist in avoiding stock out situations and keep inventory levels as low as can be safely tolerated.
- Assists in achieving cost effectiveness in purchasing and inventory control.
- Processes purchase orders and order receipt. Maintain purchase order files and processes invoices.
- Updates supply records and pricing in electronic medical record(s).
- Trains other team members on inventory control and maintenance.
- Assists with physical inventory activities and reports results to direct supervisor and senior management team members as directed. Responsible for researching any discrepancies.
- Meets with vendor representatives as needed.
- Assists in ensuring proper drug, supply, and equipment codes are assigned and communicated to reimbursement and clinical departments.
- Checks for expired/unusable products and disposes of them properly.
- Reviews product recalls and responds to requests for recall information. Coordinates product returns, as necessary.
- Receives orders into warehouse and enters products into inventory in an orderly and efficient manner.
- Responds to requests promptly and ensures that critical supplies are available as needed.
- Assists in ordering and receiving home medical equipment.
- Create reports and analyze data on inventory utilization, ordering and adjustments at request of senior management leaders.
- Other duties as assigned.
JOB REQUIREMENTS
Education: High school diploma or equivalent.
Experience: Minimum of three years’ experience in alternate site/home health.
Minimum of two years’ experience in purchasing and inventory control.