Inventory Management Specialist

POSITION SUMMARY

Assists the clinical, reimbursement, and operations teams in the areas of purchasing and inventory management. Serves as a company resource for questions relating to product selection, contract utilization, inventory control, accounts payable related to inventory, and reimbursement for purchased goods.

TECHNICAL RESPONSIBILITIES

• Understands and adheres to all applicable state, local and federal laws and/or regulations, as well as company policies and procedures.
• Evaluates purchasing contracts and selects products that minimize cost of inventory while maximizing reimbursement.
• Checks and maintains inventory levels and places inventory orders.
• Monitors item usage and makes recommendations for adjustments to standard levels that assist in avoiding stock out situations and keep inventory levels as low as can be safely tolerated.
• Assists in achieving cost effectiveness in purchasing and inventory control.
• Processes purchase orders and order receipt. Maintain purchase order files and processes invoices.
• Updates supply records and pricing in electronic medical record(s).
• Trains other team members on inventory control and maintenance.
• Assists with physical inventory activities and reports results to direct supervisor and senior management team members as directed. Responsible for researching any discrepancies.
• Meets with vendor representatives as needed.
• Assists in ensuring proper drug, supply, and equipment codes are assigned and communicated to reimbursement and clinical departments.
• Checks for expired/unusable products and disposes of them properly.
• Reviews product recalls and responds to requests for recall information. Coordinates product returns, as necessary.
• Receives orders into warehouse and enters products into inventory in an orderly and efficient manner.
• Responds to requests promptly and ensures that critical supplies are available as needed.
• Assists in ordering and receiving home medical equipment.
• Create reports and analyze data on inventory utilization, ordering and adjustments at request of senior management leaders.
• Other duties as assigned.

JOB REQUIREMENTS

Education: High school diploma or equivalent.

Experience: Minimum of three years’ experience in alternate site/home health.

Minimum of two years’ experience in purchasing and inventory control.

Miscellaneous: Strong computer skills required.