Specialist, Drug Procurement

Lumicera

Madison (WI)

On-site

USD 74,729,000 - 88,942,000

Full time

11 days ago

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Benefits offered by this job

Health insurance

Paid time off 20 days

Parental leave 4 weeks

9 paid holidays

401K company match

Adoption Assistance Program

Flexible Spending Account

Educational Assistance

Referral Bonus Program

Job summary

Lumicera is hiring a Specialist, Drug Procurement in Madison, WI to manage daily purchasing, inventory reconciliation, and supplier coordination across Lumicera and its affiliates.

You will monitor pricing, track PO vs invoices, and use data analytics to identify cost savings while ensuring inventory availability.

Qualified candidates have a degree, 1-2 years healthcare inventory experience, and proficiency with Microsoft Excel.

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.
Participate in, adhere to, and support compliance program objectives.
The ability to consistently interact cooperatively and respectfully with other employees.

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.
Other duties as assigned

Skills

Inventory management

Procurement

Data analysis

Education

Bachelor’s degree in business, finance, economics, supply chain, or related field

Tools

Microsoft Excel

Microsoft Office

Job description

Company

Lumicera

About Us

Lumicera - Lumicera Health Services Powered by Navitus - Innovative Specialty Pharmacy Solutions- Lumicera Health Services is defining the “new norm” in specialty pharmacy to optimize patient well-being through our core principles of transparency and stewardship. Here at Lumicera, our team members work in an environment that celebrates creativity and fosters diversity. ._____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Current associates must use SSO login option at https://employees-navitus.icims.com/ to be considered for internal opportunities. ______________________We are committed to providing equal employment opportunity to all applicants and employees and comply with all applicable nondiscrimination regulations, including those related to protected veterans and individuals with disabilities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or handicap.

Pay Range

USD $26.08 - USD $31.04 /Hr.

STAR Bonus % (At Risk Maximum)

0.00 - Ineligible

Work Schedule Description (e.g. M-F 8am to 5pm)

8 hr shift varies M-F between 7am-7pm

Overview

Due to growth, we are adding a Specialist, Drug Procurement to our team.

The Specialist, Drug Procurement has responsibility for day-to-day procurement and reconciliation of pharmacy inventory from primary and secondary wholesale partners across Lumicera and its affiliates. This includes the procurement of supplies, pumps and other materials needed to support the overall dispensing and administration of medications.

Successfully satisfy the needs of Lumicera and its partners through necessary inventory management and procurement support that result in improved COGS and profitability through standardized and optimal procurement practices. This position is responsible for the accurate accounting of inventory and supports in troubleshooting inventory related issues such as expiring product, product shortages, and incorrect acquisition cost.

Is this you? Find out more below!

Responsibilities

How do I make an impact on my team?

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.
Other duties as assigned

Qualifications

What our team expects from you?

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
Participate in, adhere to, and support compliance program objectives
The ability to consistently interact cooperatively and respectfully with other employees

What can you expect from Lumicera?