Sr. Manager, Pharmacy Procurement & Inventory Operations

OpenLoop Health

21h•Hybrid

About The Position

OpenLoop is seeking a Senior Manager to lead procurement and inventory operations across its growing network of compounding pharmacies. This role involves centralizing a fragmented environment, implementing systems and processes, and building a scalable model to support continued growth. The mission is to bring care anywhere by powering telehealth solutions at scale.

Requirements

Bachelor’s degree in Supply Chain, Business, or related field (or equivalent experience)
5-7 years in pharmacy procurement / supply chain operations
At least 3+ years experience in compounding pharmacy operations / medications
503A and/or 503B compounding pharmacy experience
Highly familiar and well versed in API sourcing with a focus on end-to-end traceability and audit compliance
Hands-on involvement in ERP system implementations, such as NetSuite or comparable platforms
Demonstrated success overseeing multiple pharmacy locations and leading diverse teams
Proven track record of designing and optimizing processes, including establishing SLAs, policies, and scalable workflows
Ability to operate independently while contributing at both strategic and day-to-day operational levels
Skilled at navigating ambiguous environments and bringing clarity through structured approaches
Experience collaborating across functions and engaging stakeholders at various organizational levels
Strong background in mentoring and developing senior-level team members

Nice To Haves

M&A experience
Experience centralizing procurement functions
Experience with high-growth or pre IPO environments

Responsibilities

Set strategy and priorities for pharmacy procurement and inventory across all locations
Solve large-scale, ambiguous operational and supply chain challenges
Align and manage priorities across pharmacy procurement operations, i.e. finance, compliance, RFP process, vendor management
Stand up and scale a centralized procurement and inventory function
Assess current processes and implement standardized, scalable workflows, governance, and accountability
Lead NetSuite inventory module implementation and transition from manual to system-based operations
Define system requirements to improve scalability and visibility
Develop sourcing strategies for APIs and consumables, rationalize suppliers, standardize contracts, and build redundancy for high-risk materials
Establish inventory control process (lot tracking, expiration, demand planning)
Ensure compliance with FDA and Board of Pharmacy requirements and maintain audit-ready documentation
Build operational playbooks, including performance metrics for all roles and areas
Lead and develop site-level teams, coach managers and ICs, and drive adoption of processes and systems
Supervise, lead and coach small team of procurement support staff
Travel 20% for onsite meetings