Pharmacist Manager, Inventory & Procurement

PANTHERx Rare Pharmacy; Collierville (TN); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k match

Life insurance

Disability coverage

Employee assistance program

Paid time off

Paid holidays

Job summary

PANTHERx Rare Pharmacy is seeking a Manager of Inventory Management to oversee wholesale and direct manufacturer purchases, ensuring accurate system data and efficient stocking throughout the year. This onsite role at the Collierville fulfillment center leads the inventory team and collaborates with finance and vendors to optimize costs and compliance.

Ideal candidates hold a PharmD or equivalent state license, with 2–5 years in pharmacy purchasing or inventory management, and a willingness to

Qualifications

• Doctor of Pharmacy or registered pharmacist degree from an ACPE accredited school.
• Active and unrestricted pharmacist license in Tennessee.
• Active pharmacist license in Pennsylvania or willingness to obtain within 60 days.
• Current enrollment in NABP Verify.

Responsibilities

• Order, receive, store, secure, and maintain drugs and supplies per standards and pedigree requirements.
• Partner with finance to provide accruals, complete inventory counts, and financial performance reports.
• Use pharmacy software to optimize PAR levels, adjust reorder points, and maximize inventory turns.
• Develop and analyze reports to manage inventory and improve workflow.
• Work with vendors to place orders through wholesalers, GPOs, dropship, 340B, or manufacturer designee.
• Ensure DSCSA requirements are maintained and manage recalls/returns with vendors.
• Oversee inventory coordinator team and quarterly inventory activities.

Skills

Attention to detail

Flexible schedule

Pharmacy purchasing

Education

Doctor of Pharmacy or Pharmacist degree

Tools

Microsoft Excel

Job description

7,000 Diseases - 500 Treatments - 1 Rare Pharmacy

PANTHERx is the nation’s largest rare disease pharmacy, and we put the patient experience at the top of everything that we do.

If you are looking for a career in the healthcare field that embraces authentic dedication to patient care, you don’t need to look beyond PANTHERx. In every line of service, in every position and area of expertise, PANTHERx associates are driven to provide the highest quality outcomes for our patients.

We Are Seeking Team Members Who

• Are inspired and compassionate problem solvers;
• Produce high quality work;
• Thrive in the excitement of the ever-challenging environment of modern medicine;
• Are committed to achieving superior health outcomes for people living with rare and devastating diseases.

At PANTHERx, we know our employees are the driving force in what we do. We cultivate talent and encourage growth within PANTHERx so that our associates can continue to explore their interests and expand their careers. Guided by our mission to provide uncompromising quality every day, we continue our strategic growth to further reach those affected by rare diseases.

Join the PANTHERx team, and define your own RxARE future in healthcare!

Manager, Inventory Management

Location: Onsite in Collierville, TN at PANTHERx Fulfillment Center

Classification: Exempt

Status: Full-time

Purpose

The Manager, Inventory Management position oversees wholesale and direct manufacturer purchase of medication and supplies for the pharmacy. This position manages the pharmacy inventory to ensure that system data is accurate and product is effectively purchased, dispensed, and managed throughout the year in accordance with contractual and company requirements.

Responsibilities

• Ensure all drugs and supplies are appropriately ordered, received, stored, secured, and maintained as per standards of practice and manufacturer guidelines. Ensure appropriate pedigree according to Federal and State laws, rules and regulations.
• Work directly with finance to provide ongoing and end of month accruals, complete inventory count, and financial performance reports for the department.
• Utilize pharmacy software to optimize inventory PAR levels to monitor and maintain inventory, updates software and reorder points for stock whenever usage patterns change, maximize inventory turns by planning and forecasting purchasing needs, minimize and manage slow movers, and manage aged, excess, obsolescence, backorders, and shrinkage and coordinates pharmaceutical returns and credits.
• Participate in the continuous quality improvement program and provide feedback regarding findings to staff. Develop, run, and analyze various reports pertaining to performance and quality to effectively manage inventory and optimize workflow.
• Analyze and identify drug cost opportunities related to drug margins and contractual agreements. Maintain appropriate inventory items based on clinical/contractual requirements.
• Work with vendors and wholesalers to submit orders through the appropriate channels, such as wholesaler, GPO, dropship, 340B, or manufacturer designee.
• Effectively acquires inventory during periods of backorder, short-dated medication, etc. and communicates with staff to educate patients/providers.
• Proper placement/rotation/labeling of stock on shelves to optimize pharmacy workflow.
• Ensure all assigned areas of the pharmacy are stocked and checked for expired medications.
• Review price changes within wholesaler catalog, update and communicate inventory file maintenance as needed.
• Efficiently execute returns/recalls to wholesaler and reconciles borrow/loans in a timely manner.
• Ensure DSCSA requirements are maintained.
• Collaborate with manufacturer partners to address concerns and fulfill contractual reporting requirements.
• Create and execute cycle count schedules to ensure systemic accuracy and investigate and reconcile discrepancies.
• Oversee and responsible for the inventory coordinator team.
• Oversees quarterly inventory activities and reports results to company stakeholders.
• Other duties as required.

Required Qualifications

• Doctor of Pharmacy of Registered Pharmacist Degree from an ACPE accredited institution.
• Active and unrestricted Pharmacist licensure in the state of Tennessee.
• Active Pharmacist license in Pennsylvania or willingness to obtain license within 60 days.
• Current enrollment in NABP Verify.
• Ability to work a flexible schedule.
• High level of attention to detail.
• 2-5 years of pharmacy purchasing/inventory management experience/supply chain management experience.

Preferred Qualifications

• 2-5 years of specialty pharmacy experience.
• Proficient in Microsoft Excel.
• Experience managing a team.

Work Environment

This position operates in a well-lit, mail order distribution pharmacy environment. Role routinely uses pharmaceutical equipment and safety supplies.

Physical Demands

Individuals must be able to stand for extended periods of time; lift up to 20 pounds; and utilize the computer and bar code scanner. Must be able to use proper personal protective equipment including, but not limited to, gloves, eye protection and face masks when needed.

Reasonable accommodations will be made to individuals with disabilities to perform the essential function of the job.

Benefits

PANTHERx Rare Pharmacy also affords an excellent benefit package, including but not limited to medical, dental, vision, health savings and flexible spending accounts, 401K with employer matching, employer-paid life insurance and short/long term disability coverage, and an Employee Assistance Program! Generous paid time off is also available to all full-time employees. Of course we offer paid holidays too!

Equal Opportunity

PANTHERx Rare Pharmacy is an equal opportunity employer, and does not discriminate in recruiting, hiring, promotions or any term or condition of employment based on race, age, religion, gender, ethnicity, sexual orientation, gender identity, disability, protected veteran's status, or any other characteristic protected by federal, state or local laws.