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Director of Procurement

Departments: Operations
Locations: Oak Brook , IL

COMPANY BACKGROUND & CULTURE

A national digital pharmacy, OptioRx, is focused on providing best-in-class patient care in niche therapeutics.  These therapies include compound custom medications for humans and animals, in the areas of fertility, home-infusion, and hospice. Headquartered in Oakbrook, Illinois, we are a national provider where we service (serve) 48 states and Washington D.C.  The OptioRx mission is to create and provide the highest quality care for patients by offering a broad range of pharmaceutical therapies. We are a committed partner to both patients and providers and are continually innovating.  Our commitment to patient care results in improved access and speed to therapy by offering services via our proprietary technology and accredited pharmacies.

At OptioRx we value team members with a committed confidence that supports our Core Values. Empowered – put trust in our people and empower them to succeed. Innovative – offer innovative solutions that target growth and scale of OptioRx on a national stage. Efficient – drive efficiency by creating economies of scale and expertise. Accountable – own our commitments and quality of our work, while holding ourselves accountable to drive real results. Ethical – ensure unwavering integrity and business ethics. Energy – move fast with a sense of urgency and honest communication.

Position summary

The Director Procurement and Vendor Relations is responsible for handling all the purchasing activity for the company. This position is responsible for leading procurement efforts to efficiently and effectively enable business units and functional partners to maximize the value they receive from suppliers to meet their objectives. This position will work with business units to lead centralized direct and indirect sourcing and procurement efforts. This will include working with the internal stakeholders from initial need identification to final goods or service delivery. Specifically, this role will be responsible for the following process: demand management, supply analysis/strategy, supplier identification, sourcing execution, delivery planning and monitoring, and ongoing purchasing performance management and improvement.

Essential functions

  1. Directs and oversees all company procurement activities with a primary focus on a cost of goods sold, including but not limited to pharmaceuticals, compounding APIs, pharmacy supplies, services, equipment, and other items with a view towards reducing costs while improving the overall quality of purchased goods and services.
  2. Responsible for the identification, selection and management of procurement systems that will be utilized by procurement staff.
  3. Ensure all purchasing requests from the pharmacies are processed through procurement team for approval, including all new accounts, contracts, opportunity purchases, and bulk purchases.
  4. Responsible for managing all wholesaler relationships for the company.
  5. Make recommendations that create operational efficiencies and achieve the desired result inclusive of the business case for change and its ROI.
  6. Management of procurement staff in (and across) sourcing, transactional purchasing, supplier management, and miscellaneous internal procurement support activities.
  7. In collaboration with the operations and finance teams, develop purchasing strategies to maximize profitability based on third party reimbursement and DIR claw back formulas.
  8. Develop pharmacy and vendor level KPIs and reporting for contract compliance. Report compliance issues to operations team and pharmacies on a regular cadence.
  9. Prepares an annual strategic procurement plan that identifies how the procurement of supplies and goods intends to achieve the company’s needs. Proposes through the plan specific procurement team projects for the year, expected savings from these initiatives, a timetable for their completion, staffing needs, and sourcing budget for all procurement activities.
  10. Supports all pharmacies in managing inventory stock on hand, including providing goals for the number of inventories turn, days on hand and preferred items.
  11. Manages all vendor relationships including attending business reviews as needed.
  12. Work to centralize any appropriate store level functions involving ordering, inventory management, or invoice processing.

Qualifications

  1. Bachelor’s degree in business and/or supply chain management, logistics or related field required
  2. ERP training, an advantage

Professional Experience

  1. Minimum of 10 years of experience in purchasing functions, preferably in a health care setting
  2. Experience in pharmacy, such as technician
  3. Knowledge of pharmacy management systems an advantage
  4. Exposure to supply chain and/or project management

Licenses/Certifications

  1. ERP certification a plus

Specialized Skills

  1. Underlying skills that enable an employee to perform effectively on the job.
  2. Advanced to expert level of Excel experience is a must (pivot tables, VLOOKUP, etc.)
  3. High attention to detail and organization is a must.
  4. Strong analytical and critical thinking skills
  5. Ability to adhere to strict deadlines and work under pressure
  6. Self-motivated with excellent time management skills

Technical Skills

  1. Underlying skills that enables an employee to perform effectively on the job.
  2. Ability to efficiently use computer systems including Microsoft Office, supply chain systems, inventory management software, vendor portals and related tools
  3. Ability to communicate effectively over the phone, via email messages, and in person with managers, and all coworkers

Experience working with project management tools, such as Asana or Monday.com

Physical Requirements

  1. Ability to continuously sit for extended periods of time.
  2. Ability to bend or squat occasionally.
  3. Ability to lift up-to 10 pounds occasionally.

Application Form