Role Title: Humana Pharmacy Inventory Planning Analyst
Assignment: Humana Mail Order Pharmacy
Location: West Chester, OH
This position reports through Humana’s Pharmacy Supply Chain and Inventory Planning team and performs various inventory planning, order placement, order expediting, relationship management and financial related tasks in support of Humana’s Pharmacy distribution operations.
This person will need to be able to work independently, cross-functionally and use different systems or tools to communicate with pharmacy operations team members and suppliers in performance of the role. This person may need to complete data retrieval and analysis, cost of goods financial modeling, report development and formulation / communication of recommendations based upon the data.
Forecast product usage and changes to primary suppliers to ensure inventory availability
Submit product orders to suppliers to adhere to designated minimum & maximum inventory levels
Review supplier order status to ensure inventory availability and expedite orders as necessary
Update required minimum & maximum product inventory levels at least bi-monthly
Adhere to supplier contractual inventory level requirements
Review & update on-demand product inventory level status at least bi-monthly
Work with PSC to identify and utilize alternate suppliers (as necessary) to minimize out-of-stock situations
Minimize expired product and product returns to suppliers
Review root causes for out-of-stock and product return situations to implement process improvements
Work with other teams to identify pending volume and product formulary changes
Adhere to ordering primary supplier preferred products (i.e. mfr-direct or wholesaler source program products)
Work with Finance team to develop a process for reviewing generic products reimbursement issues
Timely implementation of product award changes while managing operational and supplier restrictions
Minimize alternate supplier purchases unless due to inventory shortage
Pharmacy Inventory or General Inventory Planning experience
Inventory Planning System Proficiency or Flexibility
Intermediate Proficiency in MS Excel and Other Data Mining & Analysis Tools
Bachelor’s Degree in Finance, Business, Operations or Related Field (or working towards) Preferred
Previous Pharmaceutical Inventory Planning or Pharmacy Supply Chain Experience Preferred
Internal Number: 190172
Humana Inc. (NYSE: HUM) is focused on improving the health of the communities we serve by making it
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