Pharmacy buyers are responsible for purchasing, receiving, and maintaining appropriate stock levels for their organization, while monitoring usage and managing the cost of pharmaceuticals for their company. They are in charge of conducting inventory and requesting new products based on organizational requirements. Pharmacy buyers strive to develop excellent business relationships with external pharmacy partners. They use extensive pharmacology knowledge to order a variety of medicines, as well as prepare invoices, complete financial reports based on their purchasing orders, and conduct audits. They use a personal computer to record purchasing history, as well as update a database of all products on hand. They use spreadsheet software to make calculations on product amounts and cost. Some of their main duties include selecting, receiving, and storing pharmaceuticals and related supplies. In all tasks, pharmacy buyers must follow safety and privacy guidelines.
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.