Pharmaceutical Manufacturer Relations Executive OTC

Profile

Job Information

Humana

Pharmaceutical Manufacturer Relations Executive (OTC)

in

Indianapolis

Indiana

Description

This position reports through Humana Pharmacy Supply Chain (PSC) team and performs various supply chain, financial and vendor management related tasks in support of Humana Pharmacy operations including, but not limited to, ensuring access to a continuous supply of quality over-the-counter (OTC) and generic pharmaceutical products at a market competitive price, collaborative strategic sourcing of OTC and generic pharmaceutical categories, data analysis, reporting, modeling and supplier management. The candidate will need to be able to work independently, cross-functionally and use different systems or tools to communicate with pharmacy operations team members and complete data retrieval and analysis, cost of goods and gross margin financial modeling, report development and formulation / communication of recommendations based upon the data.

Responsibilities

Work collaboratively with other team members to ensure the completion of competitive and strategic sourcing projects for OTC products and other related goods.

Monitor and report on Humana Pharmacy OTC purchases, pricing, and cost of goods sold and margin metrics.

Manage the day-to-day activities associated with Humana Pharmacy OTC product supplier relationships, as assigned.

Ensure Humana Pharmacy distribution locations have access to quality OTC products from reputable sources of supply.

Identify and analyze product access and cost of goods improvement opportunities associated with OTC product manufacturers, distributors and suppliers.

Perform competitive pricing analyses to ensure Humana Pharmacy OTC product pricing is competitive across different sources of supply.

Track and communicate industry trends and events that may impact Humana Pharmacy supply chain.

Utilize internal and external industry data for category management reporting and analysis to help make appropriate business decisions.

Track and reconcile financial metrics within supplier agreements.

Manage supplier agreement business terms and conditions to ensure that both Humana Pharmacy and supplier are adhering to the terms of the contractual relationship.

Assist with developing and documenting PSC processes as well as ensuring all PSC, HPS, and Humana processes are followed in the completion of work.

Develop communication processes and tools to communicate with multiple pharmacy operations and inventory teams on product awards, contract adherence, etc.

Develop and implement processes, methodologies and tools to forecast and model financial opportunities and communicate with business partners.

Required Qualifications

Bachelor's Degree in Finance or Related Field

2-3 Years of OTC/Pharmaceutical Procurement, OTC/Pharmaceutical Contracting or Pharmaceutical Supply Chain Work Experience

Proficiency in Financial Modeling

Intermediate or Advanced Proficiency in MS Excel

Knowledge of MS Office, Access and other data analysis tools

Preferred Qualifications

Previous Retail OTC Procurement & Contracting Experience (Drug, Wellness, Advanced Care, Brand, Generic, Private-Label)

Masters or MBA Degree Preferred

Six Sigma and CPM/CPSM Certification Preferred

Additional Information

For this job, associates are required to be fully COVID vaccinated (preferred) or undergo weekly COVID testing and wear a face covering while at work. The weekly testing will need to be done through an approved Humana vendor, and unvaccinated associates should follow all social distancing and masking protocols if they are required to come into a Humana facility or work outside of their home. We are a healthcare company committed to putting health and safety first for our members, patients, associates, and the communities we serve.

If progressed to offer, you will be required to:

Provide proof of full vaccination or commit to testing protocols

*OR  *

Provide proof of applicable exemption including any required supporting documentation

​​Medical, religious, state and remote-only work exemptions are available.

Scheduled Weekly Hours

40

Company info

Humana Inc.
Website : http://www.humana.com