The purpose of this position is to ensure compliance with contractual obligations (rebates, incentives, shelf stock adjustments, failure to supply, third-party audits) defined by purchasing agreements with over 100 generic pharmaceutical suppliers and negotiate resolutions to financial disputes. Additionally, the position provides cost saving analyses, solutions, and category management to the Generic Pharmacy Procurement business unit. The position supports buyer(s) and manager(s) on opportunities to optimize cost of goods through research and analysis, in addition to managing the Publix Generic Formulary with manufacturers and wholesalers. This position directly impacts profitability for the Pharmacy RBU through the responsibilities outlined above.
The impact this position has on Publix is improved profitability on generic pharmaceuticals, which is the lead indicator for overall pharmacy gross profit growth.
The responsibilities listed on this position analysis are not intended to be all-inclusive and additional responsibilities may be assigned as needed.
Responsibilities include:
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ensuring compliance with contractual obligations (rebates, incentives, shelf stock adjustments, failure to supply, third-party audits) defined by purchasing agreements with over 100 generic pharmaceutical suppliers and negotiating resolutions to financial disputes
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analysis and reporting of Pharmacy procurement data to Pharmacy RBU management, up to the executive level
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reconciling vendor rebates, failure to supply (FTS), and shelf stock adjustment disputes
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identifying declining third party/insurance reimbursement trends where Publix’s cost of goods remains the same, so these items can be targeted for price reductions or future Request for Proposal (RFP)
