Specialist, Inventory and Procurement

Lumicera Health Services; Scottsdale (AZ); On-site; USD 60,000 - 85,000; Full time

Benefits offered by this job

Health, Dental & Vision insurance

PTO 20 days

Parental leave 4 weeks

9 paid holidays

401K match 5%

Adoption assistance

Flexible Spending Account

Education & membership assistance

Referral bonus

Job summary

Lumicera Health Services seeks a Specialist, Inventory and Procurement to manage day-to-day procurement and reconciliation of pharmacy inventory from primary and secondary wholesale partners across Lumicera and its affiliates.

The role focuses on accurate inventory accounting, resolving shortages/overages, and optimizing procurement strategies to improve COGS and profitability. Strong data analysis and supplier relationship skills are essential.

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
• Proficient use of PC including spreadsheets and word processing, with Microsoft products
• Participate in, adhere to, and support compliance program objectives
• Ability to interact cooperatively and respectfully with other employees

Responsibilities

• Execute daily purchasing tasks including order placement, tracking and inventory management.
• Maintain accurate records of all purchasing transactions (trackers / dashboards).
• Reconcile invoices against inventory receipt to identify shortages or overages.
• Ensure pricing is reflected by reconciling purchase orders with invoices.
• Monitor vendor agreements for compliance with minimum volume commitments.
• Ensure timely availability of inventory to meet operations needs.
• Develop and manage relationships with key suppliers.
• Use data analytics to identify cost savings and process improvements.
• Refine procurement strategies to meet business needs and market conditions.
• Track alignment between inventory levels and sales forecasts.
• Analyze market trends to inform purchasing decisions and anticipate supply disruptions.
• Monitor supplier performance and identify risks and opportunities.
• Support department goals and client opportunities using approved resources.
• Other duties as assigned

Skills

MS Office proficiency

Education

Bachelor’s degree or relevant inventory experience

Job description

Lumicera Health Services is seeking a Specialist, Inventory and Procurement to join our team!

The Specialist, Inventory and 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!

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

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?

• Top of the industry benefits for Health, Dental, and Vision insurance
• 20 days paid time off
• 4 weeks paid parental leave
• 9 paid holidays
• 401K company match of up to 5% - No vesting requirement
• Adoption Assistance Program
• Flexible Spending Account
• Educational Assistance Plan and Professional Membership assistance
• Referral Bonus Program - up to $750!