Job Description - Pharmacy Buyer

Description
Job Summary

The Pharmacy Buyer is responsible for managing the procurement of pharmaceuticals and related supplies to ensure the availability of essential medications while maintaining cost-effectiveness and regulatory compliance. This role supports pharmacy operations through efficient purchasing, inventory management, vendor coordination, and collaboration with internal stakeholders to meet patient care needs.

Essential Functions
  • Coordinates the procurement of medications, medical supplies, and pharmacy-related equipment in alignment with hospital policies, inventory targets, and regulatory standards.

  • Maintains relationships with vendors and negotiates pricing, contract terms, and delivery schedules to ensure consistent product availability, quality, and cost efficiency.

  • Monitors medication inventory levels, usage trends, and reorder points to minimize waste, prevent stockouts, and ensure appropriate inventory turnover.

  • Conducts regular inventory audits and assists with physical inventory counts to ensure inventory accuracy and compliance with internal controls.

  • Assists in the development and monitoring of the pharmacy purchasing budget by analyzing purchasing trends, identifying cost-saving opportunities, and managing expenditures.

  • Generates and maintains reports related to purchasing activities, inventory status, and financial performance for management review.

  • Collaborates with pharmacy leadership, clinical teams, and supply chain staff to anticipate needs, address shortages, and ensure timely access to critical medications and supplies.

  • Identifies and implements process improvements to enhance the efficiency and accuracy of purchasing and inventory management functions.
  • Performs other duties as assigned.

  • Maintains regular and reliable attendance.

  • Complies with all policies and standards.
Qualifications
  • 1-2 years of experience in pharmacy operations, purchasing, or inventory management required

  • 2-4 years of healthcare or hospital pharmacy experience preferred
Knowledge, Skills and Abilities
  • Knowledge of pharmaceutical products, inventory systems, and procurement processes.

  • Strong organizational skills and attention to detail.

  • Proficiency in Microsoft Office and pharmacy management or inventory systems.

  • Effective communication and negotiation skills.

  • Ability to prioritize tasks, meet deadlines, and work collaboratively across departments.

  • Understanding of hospital regulatory requirements and compliance standards related to pharmacy procurement.
Licenses and Certifications
  • LPT - Licensed Pharmacy Tech required

  • Certified Pharmacy Technician (CPhT) preferred

  • BCLS - Basic Life Support preferred



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