Hospital pharmacy buyers are typically employed by hospitals and are responsible for making sure their pharmacy has an adequate supply of necessary drugs and medications. The buyers are responsible for knowing which drugs are needed most often and for making sure the hospital has enough on hand. They make new orders and oversee the processing and distribution of each order once a shipment arrives. Hospital pharmacy buyers may also be responsible for setting medication prices and will typically also negotiate with suppliers to obtain the best purchase price and delivery time while working within the hospital's budget constraints. They are required to keep the pharmacy organized and easily accessible to the pharmacists on staff. Hospital pharmacy buyers work and interact with doctors, nurses, pharmacists, hospital management staff, vendors and suppliers. They stay abreast of industry trends, new drugs, price changes and other current events that affect the medical industry. Their work is mostly mental as opposed to physical and consists of a lot of clerical and paper work. Accurate record keeping skills are key. Hospital pharmacy buyers work indoors in a medical setting and usually keep normal business hours Monday through Friday. A bachelor's degree is recommended, but some hospitals may hire pharmacy buyers with a two year business certification. Prior experience in a hospital management setting is usually a plus to be considered for this job.
Hospital Pharmacy Buyer Tasks
Monitor and analyze pricing and adherence to contracts.
Negotiate with vendors to obtain optimum service and price.
Ensure inventory supply, order processing and distribution of pharmaceuticals and supplies.