Procurement and Inventory Manager

AP MAX INC•Houston, TX

16h•Onsite

About The Position

The Procurement and Inventory Manager will be responsible for but not limited to managing procurement, inventory, and logistics for our compounding pharmacy. This role ensures timely availability of raw materials, ingredients, and supplies while maintaining regulatory compliance. The ideal candidate will have experience in pharmaceutical supply chains, inventory control, and vendor management, ensuring seamless operations in sterile and non-sterile compounding environments.

Requirements

Certificate or Bachelor's degree in Supply Chain Management, Pharmacy, Business, or a related field.
At least 2 years of experience in pharmaceutical, compounding pharmacy, or healthcare supply chain management.
Proficiency in pharmacy inventory management systems (e.g., PioneerRx, QS/1, or similar).
Strong knowledge of USP compounding guidelines (including <795>, <797>, and <800>) and general regulatory compliance.
Excellent analytical, problem-solving, and negotiation skills.
Ability to multitask and work efficiently in a fast-paced, highly regulated environment.
Certified Supply Chain Professional (CSCP) or Pharmacy Technician Certification (CPHT).
Knowledge of DEA reporting and controlled substance management.

Responsibilities

Strategically source and procure all pharmaceutical ingredients, excipients, packaging, and sterile compounding materials from approved vendors.
Cultivate and maintain strong supplier relationships, ensuring consistent quality, cost-effectiveness, and timely deliveries.
Negotiate favorable pricing and contracts, strictly adhering to industry regulations, including USP <795>, <797>, and <800> guidelines.
Proactively monitor and manage inventory levels of active pharmaceutical ingredients (APIs), bases, and other compounding supplies to prevent shortages or overstocking.
Develop and implement demand forecasting models based on prescription trends, patient needs, and evolving regulatory requirements.
Ensure proper storage and handling of all temperature-sensitive and hazardous materials in compliance with safety standards.
Guarantee full compliance of all procurement and inventory management activities with FDA, DEA, State Pharmacy Board, and USP guidelines.
Maintain meticulous records for audit readiness, including lot tracking, material safety data sheet (MSDS) documentation, and chain of custody for controlled substances.
Collaborate closely with the Quality Assurance team to verify all raw materials meet stringent compounding standards.
Oversee and optimize inbound and outbound shipments, coordinating efficiently with couriers and distributors.
Ensure strict adherence to cold-chain logistics for all temperature-sensitive pharmaceuticals.
Identify and troubleshoot supply chain disruptions, developing and implementing robust contingency plans to minimize delays.
Analyze supply chain inefficiencies and lead process improvement initiatives to reduce costs and waste.
Leverage supply chain software and ERP systems to enhance inventory tracking and overall operational efficiency.
Align inventory levels directly with production needs through close collaboration with compounding pharmacists and technicians.
Responsible for performing other duties as assigned and required to support departmental and organizational goals.