Drug Procurement Specialist

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🕒 Yesterday

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Navitus Health Solutions

1001 - 5000 employees

Founded 2003

💼 Consulting

🛡️ Insurance

🏥 Healthcare

Consulting • Insurance • Healthcare

Navitus Health Solutions is a pharmacy benefit manager (PBM) that provides transparent, people-centered pharmacy benefit solutions to health plans, employers, government programs and other plan sponsors. The company operates a 100% pass-through, cost-plus model that emphasizes lowering medication costs, managing formularies, specialty drug management (including a cost-plus specialty pharmacy), claims adjudication, pharmacy network management, and member enablement and support services. Navitus positions itself as a fiduciary partner focused on affordability, compliance, clinical quality and improving health outcomes through tailored PBM services and digital health integrations.

📋 Description

• Execute daily purchasing tasks including order placement, tracking and inventory management • Maintain and develop accurate and up-to-date records of all purchasing transactions, including trackers and dashboards • Reconcile invoices against inventory receipt to identify and resolve shortages or overages within an order • Reconcile purchase orders entered into the inventory management system against invoices to ensure accurate pricing • Monitor primary and secondary vendor agreements for generic compliance and minimum volume commitments • Ensure and communicate timely inventory availability to meet operations team requirements • Develop and manage relationships with key suppliers • Utilize data analytics to identify cost-saving and process-improvement opportunities • Evaluate and refine procurement strategies based on changing business needs and market conditions • Track pull through and align inventory levels with sales forecasts • Analyze market trends to inform purchasing decisions and anticipate supply chain disruptions • Monitor supplier performance and market conditions to identify risks and opportunities • Contribute to department efficiency and effectiveness, including capturing strategic client opportunities using approved reference resources for proposal and presentation development • Perform other duties as assigned

🎯 Requirements

• Bachelor’s degree in business, finance, economics, supply chain, or related field or relevant experience within Medication Inventory management and procurement preferred • 1-2 years of experience within a healthcare setting participating or managing inventory required • Experience in proficient utilization of PC in both spreadsheet and word processing desktop environment including software applications including Microsoft products • Participate in, adhere to, and support compliance program objectives • The ability to consistently interact cooperatively and respectfully with other employees

🏖️ Benefits

• Top of the industry benefits for Health, Dental, and Vision insurance • 20 days paid time off • 4 weeks paid parental leave • 9 paid holidays • 401K company match of up to 5% - No vesting requirement • Adoption Assistance Program • Flexible Spending Account • Educational Assistance Plan and Professional Membership assistance • Referral Bonus Program – up to $750!

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