Director of Purchasing and Inventory Job at Synchrony Health Services
Overview:
Headquartered in Louisville, Kentucky, Synchrony Pharmacy has served long-term care and institutional healthcare facilities since 1994. With the guiding imperative to meet and exceed the resident's needs, Synchrony Pharmacy partners with personal/skilled care or assisted living facilities to address the unique pharmacy needs of their residents through specialized clinical and operational support services. Quality is not a goal; it is our basic operating tenet. Exceptional professional service and personal concern are our commitments.
Synchrony Pharmacy is an Ancillary division of Trilogy Health Services, which is an award winning company that is leading the way in employee benefits, professional development, personal wellness and recognition. We invite you to learn more about our unique culture and the exciting opportunities that exist within our organization.
We offer a competitive compensation and benefits package including:
Competitive Salaries - Weekly Pay!
Paid vacation
Generous Benefits
Educational Assistance Programs
Quarterly employee recognition ceremonies
And much more!
Responsibilities:
Duties and Responsibilities:
Experience
Headquartered in Louisville, Kentucky, Synchrony Pharmacy has served long-term care and institutional healthcare facilities since 1994. With the guiding imperative to meet and exceed the resident's needs, Synchrony Pharmacy partners with personal/skilled care or assisted living facilities to address the unique pharmacy needs of their residents through specialized clinical and operational support services. Quality is not a goal; it is our basic operating tenet. Exceptional professional service and personal concern are our commitments.
Synchrony Pharmacy is an Ancillary division of Trilogy Health Services, which is an award winning company that is leading the way in employee benefits, professional development, personal wellness and recognition. We invite you to learn more about our unique culture and the exciting opportunities that exist within our organization.
We offer a competitive compensation and benefits package including:
Competitive Salaries - Weekly Pay!
Paid vacation
Generous Benefits
Educational Assistance Programs
Quarterly employee recognition ceremonies
And much more!
Responsibilities:
Duties and Responsibilities:
- Interacts and collaborates with internal and external customers to identify and address needs and lead the implementation of analyses, projects, and products.
- Assists in the attainment of margin targets and inventory turns through report and data analysis.
- Manages contract administration of product purchases.
- Provides reporting for pharmacies and automated drug files to ensure the formulary is "clean" (e.g., currentNDC's are in use, inactive NDC's are minimized, reduce duplicate products on shelf).
- Provides guidance and assists with file clean-up/design/direction for Purchasing Managers.
- Leads and approves of all new vendor setups.
- Manages brand purchases in advance of price increase events to minimize inventory impact of price increases and maximize margin.
- Analyzes market and delivery conditions to determine present and future product availability and prepares market analysis reports.
- Analyzes the vendor base to reduce costs and improve efficiencies, including recommending and sourcing alternative suppliers that meet delivery requirements and quality standards.
- Reviews industry trends for purchasing and supply chain regulations.
- Provides direction, conducts performance reviews, and manages performance of purchasing managers.
- Negotiates with generic vendors to improve pricing, which includes buy-ins. Partners with wholesalers and generic distributors to ensure the consistent availability of lowest cost generic drugs.
- Manages and oversees all aspects of Surecost purchasing system including PVA targets, generic compliance, reporting, rebate analysis, and inventory.
- Manages and monitors inventory par levels for all shelf inventory and recalculates regularly.
- Manages and oversees reverse distribution vendor for out-of-date product and returns.
- Assists Finance leadership in margin research and maximization.
- Provides oversight, participation, and management of all pharmacy physical inventories
- Travel (10-15%) including overnight stay as necessary.
- Four (4) year degree in business, healthcare, or equivalent from an accredited college or university. Master's degree preferred.
Experience
- Five (5) years progressive experience in healthcare purchasing (preferably in a Pharmacy or Long Term Care environment), to include three (3) years in a leadership or management role preferred (or an equivalent combination of education and experience).
- Three (3) years of experience as a data analyst, clinical analyst, business analyst supply chain analyst, purchasing analyst, inventory analyst, procurement analyst, inventory planner, and/or contract management preferred.
- Exemplary computer skills that include knowledge of the Microsoft Office Suite of products, database management.
- Supply chain discipline, including sourcing, purchasing, inventory control, quality management, logistics, distribution and planning preferred.
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