Procurement Lead OTC

Profile

Description

This position reports through Humana Pharmacy Supply Chain (PSC) team and performs various supply chain, financial and vendor management related tasks in support of Humana Pharmacy operations including, but not limited to, ensuring access to a continuous supply of quality over-the-counter (OTC) and generic pharmaceutical products at a market competitive price, collaborative strategic sourcing of OTC and generic pharmaceutical categories, data analysis, reporting, modeling and supplier management. The candidate will need to be able to work independently, cross-functionally and use different systems or tools to communicate with pharmacy operations team members and complete data retrieval and analysis, cost of goods and gross margin financial modeling, report development and formulation / communication of recommendations based upon the data.

Responsibilities

Role Requirements / Activities


Work collaboratively with other team members to ensure the completion of competitive and strategic sourcing projects for OTC and generic pharmaceutical products and other related goods.

Monitor and report on Humana Pharmacy generic pharmaceutical and OTC purchases, pricing, and cost of goods sold and margin metrics.

Manage the day-to-day activities associated with Humana Pharmacy generic pharmaceutical and OTC product supplier relationships, as assigned.

Ensure Humana Pharmacy distribution locations have access to quality generic pharmaceutical and OTC products from reputable sources of supply.

Identify and analyze product access and cost of goods improvement opportunities associated with generic pharmaceutical and OTC product manufacturers, distributors and suppliers.

Perform competitive pricing analyses to ensure Humana Pharmacy generic pharmaceutical and OTC product pricing is competitive across different sources of supply.

Track and communicate industry trends and events that may impact Humana Pharmacy supply chain.

Utilize internal and external industry data for category management reporting and analysis to help make appropriate business decisions.

Track and reconcile financial metrics within supplier agreements.

Manage supplier agreement business terms and conditions to ensure that both Humana Pharmacy and supplier are adhering to the terms of the contractual relationship.

Assist with developing and documenting PSC processes as well as ensuring all PSC, HPS, and Humana processes are followed in the completion of work.

Develop communication processes and tools to communicate with multiple pharmacy operations and inventory teams on product awards, contract adherence, etc.

Develop and implement processes, methodologies and tools to forecast and model financial opportunities and communicate with business partners.


Role Essentials


Bachelor's Degree in Finance or Related Field
2-3 Years of OTC/Pharmaceutical Procurement, OTC/Pharmaceutical Contracting or Pharmaceutical Supply Chain Work Experience
Proficiency in Financial Modeling
Intermediate or Advanced Proficiency in MS Excel
Knowledge of MS Office, Access and other data analysis tools Role Desirables
Previous Retail OTC Procurement & Contracting Experience (Drug, Wellness, Advanced Care, Brand, Generic, Private-Label)
Masters or MBA Degree Preferred
Six Sigma and CPM/CPSM Certification Preferred


Associates working in the state of Arizona must comply with the Tobacco Free Hiring Policy and upon offer will be subjected to nicotine testing as part of a 10-panel drug test

Interview Format


As part of our hiring process for this opportunity, we will be using an exciting interviewing technology called Montage Voice to enhance our hiring and decision-making ability. Montage Voice allows us to quickly connect and gain valuable information for you pertaining to your relevant skills and experience at a time that is best for your schedule.
If you are selected for a first round interview, you will receive an email correspondence inviting you to participate in a Montage Voice interview. In this interview, you will listen to a set of interview questions over your phone and you will provide recorded responses to each question. You should anticipate this interview to take about 15 to 30 minutes. Your recorded interview will be reviewed and you will subsequently be informed if you will be moving forward to next round of interviews.


Scheduled Weekly Hours

40

Company info

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