Strategic Drug Procurement Specialist

Lumicera; Madison (WI); On-site; USD 74,729,000 - 88,942,000; Full time

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

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.