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Procurement Specialist

1 month ago

New York, New York, United States LifeMD Full time
About LifeMD:
LifeMD is a leading provider of virtual primary care, headquartered in NYC. Our vertically-integrated digital care platform, 50-state affiliated medical group, and US-based patient care center enable us to elevate healthcare by increasing access to top-notch and affordable care. As a rapidly growing company, we are seeking a detail-oriented and collaborative Procurement Specialist to join our team.

Job Summary:
We are looking for a Procurement Specialist who will be responsible for project managing all aspects of the procurement process across all of LifeMD's brands. This includes collaborating with brand managers to understand and document product requirements and delivery timelines, identifying and developing relationships with vendors, and managing communications with vendors to ensure on-time delivery of products. The ideal candidate will have a Bachelor's degree in Supply Chain, Business, or a similar field, and 2+ years of experience in a procurement role. Strong Excel skills and the ability to be both direct and diplomatic are also essential. If you are a highly analytical and organized individual with excellent communication skills, we encourage you to apply.

Key Responsibilities:
• Collaborate with brand managers to understand and document product requirements and delivery timelines
• Identify and develop relationships with vendors who can provide products that meet requirements at competitive prices
• Manage communications with vendors to ensure on-time delivery of products
• Collaborate with the warehouse and brand managers to ensure appropriate stock levels across all SKUs and distribution locations
• Liaise with AP and brand managers to ensure purchase orders are executed and invoices are paid in a timely manner
• Provide COGS analysis and develop strategies to reduce costs
• Develop and communicate item-level inventory analysis
• Create and maintain regular reporting and provide ad hoc procurement analysis
• Collaborate with the warehouse to arrange for best-way shipping for domestic and international shipments
• Identify and implement new processes to improve ordering and inventory management
• On-site inventory management with Pharmacy Partners, requiring periodic travel
• Special projects as needed

Requirements:
• Bachelor's degree in Supply Chain, Business, or a similar field
• 2+ years of experience in a procurement role
• Project management experience
• Ability to be both direct and diplomatic
• Excellent Excel skills

Preferred Qualifications:
• Experience with pharmaceutical procurement
• Experience managing domestic and international shipping
• Strong interpersonal and communication skills
• Highly analytical with the ability to interpret and apply data
• Benefits include Health Care Plan, Retirement Plan, Life Insurance, Unlimited Paid Time Off, Paid Holidays, Short Term & Long Term Disability, and Training & Development