What are the responsibilities and job description for the Procurement Specialist position at LifeMD?
About us
LifeMD is a leading digital healthcare company committed to expanding access to virtual care, pharmacy services, and diagnostics by making them more affordable and convenient for all. Focused on both treatment and prevention, our unique care model is designed to optimize the patient experience and improve outcomes across more than 200 health concerns.
To support our expanding patient base, LifeMD leverages a vertically-integrated, proprietary digital care platform, a 50-state affiliated medical group, a 22,500-square-foot affiliated pharmacy, and a U.S.-based patient care center. Our company — with offices in New York City; Greenville, SC; and Huntington Beach, CA — is powered by a dynamic team of passionate professionals. From clinicians and technologists to creatives and analysts, we're united by a shared mission to revolutionize healthcare. Employees enjoy a collaborative and inclusive work environment, hybrid work culture, and numerous opportunities for growth. Want your work to matter? Join us in building a future of accessible, innovative, and compassionate care.
About the role
LifeMD is looking for a detail-oriented and collaborative Procurement Specialist who is comfortable navigating a fast moving environment. The Procurement Specialist will be responsible for project managing all aspects of the procurement process across all of LifeMD’s brands ensuring the delivery of high quality products on time and within budget.
Our Team Culture:
At LifeMD, we believe that getting the right products to the right place at the right time isn't just a logistics problem — it's part of how we deliver on our promise to patients. Our operations team is tight-knit, resourceful, and genuinely invested in each other's success. We celebrate wins, learn from mistakes quickly, and always keep the patient experience at the center of what we do.
Responsibilities
- Collaborate with brand managers to understand and document product requirements and delivery timelines
- Identify and develop relationships with vendors who can provide products that meet requirements at competitive prices for a wide range of products
- Manage communications with vendors to ensure on time delivery of products
- Collaborate with the warehouse and brand managers to ensure appropriate stock levels across all SKUs and distribution locations
- Liaise with AP and brand managers to ensure purchase orders are executed and invoices are paid in a timely manner
- Provide COGS analysis and develop strategies to reduce costs
- Develop and communicate item level inventory analysis
- Create and maintain regular reporting and provide ad hoc procurement analysis
- Collaborate with the warehouse to arrange for best way shipping for domestic and international shipments
- Identify and implement new processes to improve ordering and inventory management
- On-site inventory management with Pharmacy Partners, requiring periodic travel
- Willingness to travel to LifeMD Pharmacy Partners for inventory management (both OTC/Rx items)
- Special projects as needed
Basic Qualifications:
- Bachelor’s degree in Supply Chain, Business, OR equivalent experience
- Project management experience
- Must have the ability to be both direct and diplomatic
- Excellent Excel skills
- Comfortable building processes from scratch
- Self-starter who can manage multiple priorities with minimal supervision
Preferred Qualifications:
- Experience with Google docs and sheets
- Experience utilizing Netsuite
- Experience with pharmaceutical procurement
- Experience managing domestic and international shipping
- Strong interpersonal and communication skills
- Highly analytical with the ability to interpret and apply data
- Health Care Plan (Medical, Dental & Vision)
- Retirement Plan (Roth 401K)
- Life Insurance (Basic, Voluntary & AD&D)
- Paid Time Off
- Short Term Disability
- Training & Development
- Supportive, experienced pharmacy team