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.