Director, Inventory Management

PharMerica

The Director of Inventory Management is responsible for all Inventory Management for Long Term Care Pharmacy's for pharmaceutical and non-pharmaceutical products.

The Director works closely with Purchasing, Accounting, Finance and Pharmacy Operations teams. The Director will support purchasing projects, initiatives and other operational needs such as Inventory Days On Hand (DOH) targets, and other financial implications as it pertains to stock levels and purchasing dollars. The Director will work directly with inventory manager and specialists to track inventory activity, provide root-cause analysis of inventory discrepancies and monitoring all inventory transactions throughout the PharMerica LTC network. The Director will also communicate any inventory results and process deviations to the leadership team and establish process modifications, improvements and transparency.

Our Pharmacy group focuses on providing exceptional customer service and meeting the pharmacy needs for hospitals, rehabilitation hospitals, long-term acute care hospitals, and other specialized care centers nationwide.

An ideal candidate:10 + years of Inventory Management experience in a multi-site Pharmacy setting (LTC, Infusion, Retail, . . .)

This position is on-site at PharMerica Headquarters in Louisville, KY with 25-50% travel.

We offer:
Competitive pay
Health, dental, vision and life insurance benefits
Company paid STD and LTD
Employee Discount Program
401k
Paid-time off
Tuition reimbursement
Non-retail/Closed-door environment

Short Term Incentive Bonus

If your passion is service excellence and top-quality care come join our team and apply today!

*Position will be posted for a minimum of 7 business days

Leads and manage Inventory team for all inventory management practices for LTC Pharmacies. This includes pharmacy procurement, inventory management strategies, cycle counts, and accurate DOH compliance
• Responsible for the management of pharmacy inventory levels and coordination of activities for multiple pharmacy sites (110+ locations)
• Manages key control environment. This includes weekly/monthly/quarterly cycle counts and physical inventory counts; analyze and convert results into meaningful insights to mitigate potential inventory shrink or waste
• Identifies opportunities for process enhancements and scalability; develop business justification and advocate for implementation
• Works closely with Purchasing Team to ensure compliance to supplier contracted products and vendors
• Creates and maintain documented processes for Inventory specific activities, including but not limited to: Receiving, Transfers, Cycle Counting, Physical Inventory and Returns
• Analyzes and optimize dispensing trends to anticipate increases/decreases in stock levels
• Monitors and report any inventory expiration risk with the Pharmacies. Work with Regional Pharmacy Directors and leaders to ensure FIFO stock rotation and strategic transfers
• Establishes and manage performance metrics and KPI's to measure critical business outputs: DOH, Working Capital, Shorts, Daily purchasing, etc.
• Effectively communicates inventory management protocols and work cross-functionally amongst several internal departments
• Supervisory Responsibilities

EDUCATION/EXPERIENCE
* Bachelor's degree and 10+ years Inventory Management in multi-location, Healthcare setting.
* Multi-site healthcare inventory or purchasing setting required.
* Experience using Microsoft Excel, Microsoft Power BI, SharePoint, and any other similar tools.

KNOWLEDGE/SKILLS/ABILITIES
* Strong analytical and organizational skills with attention to detail.
* Proven interpersonal skills; ability to work productively and professionally with any level of business resources.
* Strong verbal and written communications skills, with the ability to convey business needs and results.
* Proficient use of all Microsoft Office products.
* Excellent time-management skills with ability to work independently, as well as with team members.
* Ability to organize, plan, and multi-task in a fast-paced environment.
* Ability to translate business requirements into non-technical, lay terms.

Occasional weekend, evening or night work if needed to ensure shift coverage
On-Call as needed basis

**To perform this position will require sitting, standing, walking, bending and typing on the keyboard with fingers, and occasionally reaching and climbing (stairs/ladders). The physical requirement are the ability to push/pull and lift/carry 1-10 lbs**