Pharmacy Procurement Specialist

Job Summary:
The Pharmacy Procurement Specialist serves as an authoritative resource on supply chain management
and maintains financial oversight over pharmaceutical costs. Responsibilities include oversight of all aspects of Pharmacy purchasing including medication procurement, inventory management, and participation in and compliance with the 340B Federal Drug Discount Program for all covered entities. Works with all sites across the system to effectively manage dynamic inventory levels; and minimize the impact of shortages on direct patient care. Provides oversight to the development and implementation of Pharmacy Services goals and objectives, policies, procedures, and budgets as they relate to Supply Chain.

Education:
Required:

• Minimum of a PharmD from an accredited program

Preferred:

• MBA/ MHA
• HSPAL residency graduate

Experience:
Required:

• Experience with pharmacy purchasing and supply chain

Preferred:

• Experience with 340B program
• Significant analytical skills

Position Requirements:
Required:

• A Current and Valid license to practice pharmacy in the State of Tennessee

Candidate must possess strong verbal, written and presentation skills. Ability to work well with a variety of professionals and to work independently. Ability to work in a fast-paced environment. Strong critical thinking and problem-solving skills. Strong relationship and customer service skills. Ability to work collaboratively with other health care professionals and lead change. Must possess consulting skills and be team-oriented, supportive and cooperative. Candidate must have the ability to continuously re-prioritize, demonstrate flexibility, and process multiple issues simultaneously. Must foster an environment that supports and respects diversity.
Have the ability to drive/travel to multiple facilities/locations as needed. Skill set including leadership, communication, business acumen, quality improvement, collaboration, team development, data analysis and financial reporting

Department Position Summary:

• Provide oversight to pharmacy purchasing, including medication procurement, inventory control

processes, and contracting; including strategies to maintain supplies of needed pharmaceuticals during shortages and recalls to minimize their impact on direct patient care.

• Provide oversight to, participation in, compliance with, and optimization of financial benefit from the 340B Federal Drug Discount Program for all covered entities.
• Effectively and continually maintain open lines of communication with management, staff, and

customers to facilitate the flow of relevant information. Provide timely and accurate communication, both written and verbal as appropriate, regarding supply chain changes.

• Serve as the authoritative resource on supply chain management and maintain a robust financial

oversight program over pharmaceutical costs.

• Design or implement supply chains that support business strategies adapted to changing market

conditions, new business opportunities, or cost reduction strategies.

• Maintain industry best practices for pharmaceutical product sourcing and contracting.
• Assist with Pharmacy performance improvement and quality control programs.
• Maintain knowledge of, and expertise in, leading edge developments and innovative approaches to pharmacy supply chain management by participation in ongoing independent study, education-related professional activities, and affiliations.
• Provide oversight to or lead committees, task forces, and performance improvement teams as needed.