Full-Time

Senior Purchasing Specialist

Pharma

Updated on 3/14/2025

McKesson

McKesson

Healthcare distribution and logistics services

Compensation Overview

$94.7k - $157.8kAnnually

+ Target Salary of $125,000 + 15% MIP

Senior

Irving, TX, USA

Category
Procurement & Sourcing
Operations & Logistics
Required Skills
Inventory Management
SQL
Tableau
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Degree or equivalent and typically requires 7+ years of relevant experience.
  • Bachelor's degree in business, finance, economics, supply chain, or a related field.
  • Requires 7+ years purchasing knowledge and experience.
  • Proven experience as a Purchasing Analyst, or in a similar role with a focus on inventory management, data analysis and analytics.
  • Strong analytical skills with the ability to collect, organize, analyze, and interpret large datasets.
  • Proficiency in data analysis tools such as Excel, SQL, and data visualization tools (e.g., Tableau).
  • Solid understanding of procurement strategies, market dynamics, and competitive landscape.
  • Strong negotiation and communication skills, with a focus on achieving cost savings and driving value.
  • Ability to influence stakeholders at various levels of the organization and strong interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
  • Ability to work independently and collaboratively in a fast-paced and matrixed environment.
  • Detail-oriented and highly organized, with strong problem-solving skills.
Responsibilities
  • Execute daily purchasing tasks, including order placement, tracking, and inventory management.
  • Maintain and develop as needed, accurate and up-to-date records of all purchasing transactions (trackers / dashboards).
  • Communicate with suppliers, ClarusONE and Generics Operations to confirm orders, track shipments, and resolve any issues that arise.
  • Ensure / communicate timely availability of inventory to meet sales team requirements.
  • Enhance and grow direct sourcing activities with supplier partners.
  • Develop and manage relationships with key suppliers.
  • Monitor and analyze supplier performance to ensure consistent quality and delivery.
  • Identify and implement procurement strategies to streamline purchasing processes.
  • Utilize data analytics to identify opportunities for cost savings and process improvements.
  • Continuously evaluate and refine procurement strategies to meet changing business needs and market conditions.
  • Track pull through and ensure alignment between inventory levels and sales forecasts.
  • Collaborate across the enterprise, including Six Sigma, Finance, Pricing, Sales, Procurement and Generics Operations, to ensure alignment and efficiency in purchasing activities.
  • Participate in cross-functional meetings to provide insights and support for purchasing-related initiatives, such as MT partnership to implement allocation and sequestration logic.
  • Leverage enterprise capabilities to better manage inventory at a customer level.
  • Work with internal teams to ensure timely and accurate inventory availability for the sales team.
  • Analyze market trends to inform purchasing decisions and anticipate potential supply chain disruptions.
  • Monitor supplier performance and market conditions to identify risks and opportunities.
  • Prepare and present detailed reports on purchasing activities, market trends, and supplier performance to senior management.
  • Track and report on pull through metrics to ensure inventory decisions support sales goals.
Desired Qualifications
  • Primary pharmaceutical distribution experience highly encouraged. Secondary pharmaceutical distribution experience considered significant advantage.
  • Knowledge of relevant laws, regulations, and ethical standards related to purchasing and supply chain management.
  • Understand impacts to financial statements from pricing and purchasing dynamics.
  • Excellent Financial modeling skills with attention to detail.
  • Ability to communicate with leaders across multiple functions to make strong business decisions.
  • Extremely flexible, highly organized, and demonstrated ability to balance multiple complex projects simultaneously.
  • Advanced proficiency with Microsoft Office applications, particularly Excel.
  • Experience with SAP, SQL and Tableau, PBI, Oracle a plus.

McKesson Corporation operates in the healthcare sector, focusing on the distribution of pharmaceuticals and medical products. The company acts as a middleman, purchasing medical supplies from manufacturers and delivering them to healthcare providers, pharmacies, and hospitals. This ensures that essential medical products are available when and where they are needed, supporting the healthcare system. McKesson generates revenue by marking up the cost of the products they distribute and charging service fees for their logistics and supply chain management. They also provide technology solutions to help healthcare providers improve their operations. McKesson's goal is to enhance patient care by ensuring the timely and safe delivery of medical supplies and services through a vast network and strong partnerships.

Company Size

N/A

Company Stage

IPO

Headquarters

Irving, Texas

Founded

1833

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of PRISM Vision boosts McKesson's earnings and provider network.
  • Focus on digital health solutions expands McKesson's technology offerings.
  • Value-based care trend increases demand for McKesson's integrated logistics services.

What critics are saying

  • Amazon Pharmacy's entry threatens traditional pharmaceutical distribution models.
  • Opioid litigation poses financial and reputational risks for McKesson.
  • Telehealth growth may reduce demand for physical pharmaceutical distribution.

What makes McKesson unique

  • McKesson's extensive network ensures timely delivery of medical supplies globally.
  • Strategic partnerships enhance McKesson's role in the healthcare supply chain.
  • McKesson's technology solutions improve operational efficiency for healthcare providers.

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Benefits

Performance Bonus

401(k) Company Match

Company News

Slater Sentinel
Feb 24th, 2025
Wealthstream Advisors Inc. Invests $218,000 in McKesson Co. (NYSE:MCK)

Wealthstream Advisors Inc. invests $218,000 in McKesson Co. (NYSE:MCK).

MarketBeat
Feb 18th, 2025
ABC Arbitrage SA Invests $1.26 Million in McKesson Co. (NYSE:MCK)

ABC Arbitrage SA invests $1.26 million in McKesson Co. (NYSE:MCK).

Stock Titan
Feb 4th, 2025
Major Healthcare Acquisition: McKesson Takes Control of PRISM Vision in Strategic $850M Move

McKesson acquires 80% stake in PRISM Vision for $850M, adding 180+ providers across 91 locations. Deal expected to boost earnings by up to $0.75 per share within 3 years.

Slater Sentinel
Jan 17th, 2025
Empirical Asset Management LLC Makes New Investment in McKesson Co. (NYSE:MCK)

Empirical Asset Management LLC makes new investment in McKesson Co. (NYSE:MCK).

UIC Today
Jan 17th, 2025
UIC Retzky College of Pharmacy receives grant to address rural pharmacist shortage

The University of Illinois Chicago's Retzky College of Pharmacy received a grant totaling $864,000 from the McKesson Foundation to support rural-focused interventions to develop and train pharmacy professionals to serve rural populations.