Pharmacy Procurement Specialist

1 day ago

Beverly Hills, California, United States Cedars-Sinai Full time

Job Description

Cedars-Sinai is seeking a highly skilled Pharmacy Buyer to join our team. As a Pharmacy Buyer, you will play a critical role in negotiating and procuring medications and supplies from vendors, ensuring proper storage and inventory management.

Key Responsibilities

  • Procure medications from wholesalers and manufacturers based on established or projected inventory needs
  • Negotiate with pharmaceutical vendors on price, specifications, product information, availability, deliveries, services, and other related matters
  • Investigate opportunities for lowering drug expenses and prepare reports for the Director
  • Track credit received from expired drugs and provide information on addition and/or deletion of drug items to maintain the formulary update in Pyxis
  • Coordinate the ordering, receiving, unpacking, and storing of pharmaceuticals and supplies in appropriate locations and under proper storage conditions
  • Process and arrange for the final disposition of unusable medication and supply inventory from outdates, recalls, discontinuations, and returns
  • Verify the accuracy of medications received, including quantities, pricing, and drug selection, and conduct follow-up when problems are identified
  • Prepare purchase orders indicating vendor, items purchased, quantities purchased, pricing, and terms and conditions
  • Assist in setting inventory par levels necessary to meet patient needs and audit reports for discrepancies with drug supply and distribution
  • Provide purchasing information to staff and appropriate parties regarding drugs on backorder status and discontinued drugs
  • Review invoices for accuracy and assure timely payment, and prepare invoices for the Executive Director/Manager and maintain records
  • Perform weekly audits on wholesaler invoices to ensure that the Medical Center is billed at the correct contract price
  • Provide staff with education, training, and support regarding medication process and the completion of the injectable medication referral form
  • Establish policies and procedures for inventory management, purchasing, and receiving
  • Analyze contract proposals and provide recommendations to the Executive Director/Manager
  • Assist the Executive Director/Manager in new account setup for various pharmacies and collect data to document cost savings and report results
  • Monitor purchasing statistics, prepare and submit reports detailing wholesaler, cost, and medication history purchasing data, and maintain the Master Injectable Fee Ticket

Qualifications

  • Bachelor's degree in purchasing, business law, economics, or marketing
  • Registered as a Pharmacy Technician with the California State Board of Pharmacy
  • Minimum of two years' experience as a pharmacy buyer in a healthcare facility

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