Bachelor's Degree or PharmD degree in Pharmacy, Experience in pharmacy operations and marketing, Experience in purchasing.
Key responsabilities:
Manage brand pharmaceutical product purchasing.
Conduct ROI and market analysis for products.
Prepare financial analyses and negotiate contracts.
Coordinate product logistics and compliance monitoring.
Evaluate pharmaceutical manufacturers' needs.
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Rite Aid is a full-service pharmacy that improves health outcomes.
Rite Aid is defining the modern pharmacy by meeting customer needs with a wide range of vehicles that offer convenience, including retail and delivery pharmacy, as well as services offered through our wholly owned subsidiaries, Elixir, Bartell Drugs and Health Dialog. Elixir, Rite Aid’s pharmacy benefits and services company, consists of accredited mail and specialty pharmacies, prescription discount programs and an industry leading adjudication platform to offer superior member experience and cost savings. Health Dialog provides healthcare coaching and disease management services via live online and phone health services. Regional chain Bartell Drugs has supported the health and wellness needs in the Seattle area for more than 130 years.
Rite Aid employs more than 6,300 pharmacists and operates more than 2,300 retail pharmacy locations across 17 states.
The primary purpose of this position is to manage and oversee brand pharmaceutical product purchasing and promotion.
ROI and market analysis for all new and existing brand pharmaceutical products to be purchased and stocked in Rite Aid pharmacies as well as provide clear and concise communication to all RA business segments as it relates to these brand pharmaceutical products.
Prepare financial analysis for Pharmacy Purchasing department in order to negotiate favorable purchasing contracts for Rite Aid; ensure that all pharmacy purchasing rebates and profits are billed and collected accurately and on a timely basis.
Coordinate operational activities surrounding product logistics including purchasing, distribution and reverse distribution (recalls) of brand pharmaceuticals.
Direct the monitoring of compliance to the Rite Aid Corporation wholesaler supply agreement and manage brand pharmaceutical market share agreements and all corresponding performance income billing and reporting.
Prepare financial forecasts for senior management related to pharmacy gross profit; provide timely and accurate strategic information related to brand pharmacy and accurate strategic information related to brand pharmacy.
Ensure that the financial aspects of all brand drug pharmacy purchasing contracts are understood and acted upon by vendor income group (including accounting) and reviewed by Rite Aid Legal department if necessary.
Evaluate and respond to the needs of pharmaceutical manufacturers to maximize income opportunities of pharmacy programs.
Create and drive brand pharmaceutical DTC opportunities through multiple channels of Rite Aid Corporation business segments.
The typical starting pay range for this position is between $140,495 - $201,895 annually, although wages can very based on experience and geography.