Pharmacy Procurement & Cost-Savings Specialist

MedStar Health’s Washington Hospital Center; Washington (District of Columbia); On-site; USD 49,000 - 87,000; Full time

Job summary

MedStar Washington Hospital Center in Washington, DC, is seeking a full-time Pharmacy Procurement Coordinator to support inventory management and cost-reduction initiatives within the Inpatient Pharmacy team. The role assists the Senior Procurement Coordinator in maintaining stock levels and ensuring compliance with HRSA requirements.

You will coordinate vendor pricing, place orders, rotate stock, and analyze usage to optimize contracts and spending.

Qualifications

• Bachelor's degree preferred.
• 1–2 years of purchasing and inventory experience required.
• Experience with cost-reduction initiatives and vendor coordination is a plus.

Responsibilities

• Works with Senior Pharmacy Procurement Coordinator to determine most competitive price/service arrangements.
• Uses vendor website and split software entries to place orders appropriately. Maintain accounts and NDC compliance as per HRSA requirements.
• Maintains accounts on websites and confirms that the information regarding pharmaceuticals vendors and wholesalers is current at all times.
• Posts invoices, ensures correct vendor information, and interfaces with vendors to report and correct discrepancies.
• Takes inventory of pharmaceuticals and other supplies on scheduled and unscheduled basis. Rotates stock as necessary and removes stock with out-of-date shelf life.
• Maintains inventory at predetermined par levels to assure adequate stock for production and compliance with regulatory agencies.
• Assists in developing short- and long-term cost reduction strategies. Provides feedback to customers regarding status of orders usage analysis cost savings analysis for new contracts and/or updates on shopping templates.
• Performs routine procurement duties such as ensuring past due orders are filled expeditiously and/or monitors the various reports to address problem areas and service related issues.
• Other duties as assigned

Skills

Purchasing

Inventory management

Vendor management

Cost reduction

NDC compliance

Education

Bachelor's degree

Job description

MedStar Washington Hospital Center in Washington, DC, is seeking a full-time Pharmacy Procurement Coordinator to support inventory management and cost-reduction initiatives within the Inpatient Pharmacy team. The role assists the Senior Procurement Coordinator in maintaining stock levels and ensuring compliance with HRSA requirements.

You will coordinate vendor pricing, place orders, rotate stock, and analyze usage to optimize contracts and spending.