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*_what inventory management contributes to cardinal health_*operations is responsible for materials handling and product distribution in a distribution or manufacturing environment.
includes warehousing and fulfillment of materials and products, transportation, inventory management as well as demand, supply and manufacturing planning.inventory management is accountable for the design and execution of demand planning and customer forecasting systems, supply planning, product deployment and expediting processes, and the development and implementation of a stocking optimization model to minimize costs and inventory while delivering on service requirements.
*_job summary_*the senior coordinator, inventory management analyzes existing inventory and resolves inbound discrepancies in order to drive the operational efficiency of pharmacy warehouse operations.
the senior coordinator validates inbound shipments, places electronic orders, creates standard inventory reports and forecasts, and leads regular cycle counts.
by ensuring the quality and efficiency of inventory management, this job contributes to customer satisfaction and minimizing the facility's expenses.
*_responsibilities_*- receives inbound products from manufacturers and checks packing slips to ensure that the quantity of product matches the slips and the order placed.
enters and validates product data in the database and releases product for use in the facility.- develops forecasts of inventory based on customer demand, orders, and shipment speeds of various products and manufacturers.- places electronic orders based on inventory reporting and forecasting.
communicates with manufacturers as necessary to provide additional order information.- monitors inventory levels continually and runs reports from database to analyze slow-moving products, fast-moving products, and expiration date data.- evaluates quantity discrepancies and quality issues, such as damaged products and enters issues into database and contacts manufacturers to identify and resolve the issue and, as necessary, escalates the issue to the manager, pharmacy services.- conducts regular cycle counts by developing count lists, providing lists and instruction to pharmacy technicians and other staff, and collecting and validating the count data.- manages the storage and outbound logistics of product returns to manufacturers as well as quarantined products.
edits data in the pms based on the products' national drug codes