What are the responsibilities and job description for the Procurement Specialist position at LifeMD?
About us{{:}}
LifeMD is headquartered in NYC and is a leading provider of virtual primary care. LifeMD offers telemedicine, laboratory and pharmacy services, and specialized treatment across more than 200 conditions, including primary care, men's health, women's health, allergy & asthma, and dermatology. Leveraging a vertically-integrated, proprietary digital care platform, a 50-state affiliated medical group, and a US-based patient care center, LifeMD is elevating healthcare by increasing access to top-notch and affordable care. LifeMD is currently in the midst of immense growth and was recently ranked #166 in the 2023 Deloitte Fast 500.
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.
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 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 similar
- 2 years experience in a procurement role
- Project management experience
- Must have the ability to be both direct and diplomatic
- Excellent Excel skills
Preferred Qualifications{{:}}
- 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 (401K, IRA)
- Life Insurance (Basic, Voluntary & AD&D)
- Unlimited Paid Time Off
- Paid Holidays
- Short Term & Long Term Disability
- Training & Development
