Analyst Inventory & Reconciliation 340b

Walgreens•Deerfield, IL

About The Position

Responsible for inventory replenishment and reconciliation, client program support, analytics, reporting, and working with stakeholders to optimize operations. The role monitors and minimizes client and Walgreens inventory liabilities, manages inventory ordering and exceptions, and conducts monthly client reconciliations in accordance with contracts. It also analyzes client-specific programs, recommends improvements, builds relationships with internal teams and external partners, and supports optimal program implementation and operation. The analyst develops a thorough understanding of the 340B program and works to improve its efficiency and operation. The role uses program reporting on volume, profitability, pricing, and other metrics; partners with IT as a subject matter expert on system enhancements; and assists with training, documentation, and Standard Operating Procedures. Ongoing knowledge of the healthcare and pharmacy services industry is used to identify and recommend program improvements.

Requirements

  • Bachelor’s degree, or a high school diploma/GED and at least 3 years of experience in an analytical role.
  • Experience analyzing and reporting data to diagnose moderate to complex business issues and recommend and implement solutions.
  • Experience with project management, including planning, organizing, and managing resources to complete project goals and objectives.
  • Ability to accomplish goals with little or no supervision, complete objectives independently, and determine when escalation is necessary.
  • Intermediate Microsoft Excel skills.
  • Intermediate Microsoft PowerPoint skills.
  • Intermediate Microsoft Word skills.
  • Willingness to travel up to 20% of the time for business, both within and outside the state.

Nice To Haves

  • Knowledge of the healthcare industry, including pharmacy, hospitals, clinics, and/or PBMs.
  • Experience working on a cross-functional team for special projects.
  • Advanced Microsoft Excel skills.

Responsibilities

  • Monitor, analyze, and minimize client and Walgreens inventory liabilities.
  • Manage inventory ordering and order exceptions to ensure accurate and timely replenishment.
  • Monitor replenishment to avoid excess store inventory.
  • Perform monthly inventory reconciliations for clients in accordance with their contracts.
  • Work with team members and clients to present and resolve reconciliation issues.
  • Analyze client-specific programs and recommend ways to improve program performance.
  • Build working relationships with internal counterparts, including IT, Retail Operations, and Accounting, to facilitate information exchange and collaboration.
  • Build relationships with external partners to support optimal program implementation and operation.
  • Work with wholesalers to resolve issues and optimize inventory replenishment.
  • Use and optimize program reporting on volume, profitability, pricing, and other metrics.
  • Develop a thorough understanding of the 340B program and improve the efficiency and operation of the 340B Complete program.
  • Coordinate with IT as a subject matter expert to design, test, and implement system enhancements.
  • Assist with team member training, documentation, and development of Standard Operating Procedures.
  • Build knowledge of the healthcare and pharmacy services industry and use it to recommend program improvements.
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