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Lumicera Health Services

Specialist, Drug Procurement

Career Insights for Procurement / Sourcing Specialist

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What they do

A Procurement or Sourcing Specialist is responsible for sourcing and purchasing the goods or services required by an organization, especially tracking overall spend and improving bidding processes. Responsible for maintaining supplier relationships. May also be responsible growing supplier relationships with new and/or existing suppliers.

$66,749 / year median in Wisconsin

-1% projected decline

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Job Description

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? 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!
Location :
Address 310
Integrity Drive Location :
City Madison Location :
State/Province WI Location :
Postal Code 53717
Location :
Country US