Walgreens

Sr Director Generic Rx Purchasing & Analytics

Walgreens • $150K — $200K *
Deerfield, IL 60015In-Person
Pharmaceuticals & Biotech
8 - 10 years of experience
Reposted Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree and 8 years in the pharmaceutical industry or High School diploma/GED and 11 years in the field.
  • 5 years leading and mentoring teams, with an emphasis on development and performance.
  • 5 years experience managing vendor relationships and negotiating contracts.
  • 4 years experience with P&L concepts like revenue and gross profit margin.
  • Experience working with senior executives and facilitating their meetings.
  • Proven track record in cross-functional collaboration to achieve organizational goals within budget.
  • 5 years contributing to financial decisions and strategies.

Responsibilities

  • Create and maintain relationships with key executives of generic drug manufacturers.
  • Develop and execute pharmacy supply chain policies with manufacturing partners.
  • Ensure uninterrupted supply of quality generic pharmaceuticals for Walgreens stores and customers.
  • Oversee a team responsible for $6 billion in generic drug purchasing.
  • Develop operational guidelines aligning strategies with Walgreens objectives.
  • Forecast generic launches and model their financial impacts to the company.
  • Represent the company in legal matters related to generic pharmaceuticals.

Benefits

  • Collaborative work environment within a matrix organization.
  • Opportunity to interface with top-level executives.
  • Involvement in strategic decision-making processes regarding supply chain policies.
  • Potential for leadership growth and mentorship opportunities.
  • Exposure to M&A activities impacting the pharmaceutical industry.
Full Job Description
Job Description

Job Summary

Owns and oversees the US-based relationships with generic drug manufacturers. Works highly collaboratively within a matrix organization, as well as closely with the Walgreens Boots Alliance Development (WBAD) team while aligning to numerous Rx processes and strategies. Develops, negotiates, and executes strategies with generic drug manufacturers around US supply-chain policies.

Job Responsibilities

  • Creates and maintains executive-level relationships with generic pharmaceutical manufacturers (national account VPs up to CEOs).
  • Develops, negotiates, contracts, and executes Company-specific pharmacy supply chain policies with generic pharmaceutical manufacturers such as New Store Openings, Price Protection and Failure to Supply and other local policies.
  • Responsible for developing operational guidelines to ensure the execution of strategies developed by Walgreens and tactics to ensure an uninterrupted supply of quality generic pharmaceuticals at the best possible price for the company stores and customers. Serves as a liaison to WBAD to coordinate activities between the two teams. Responsible for cross-functionally planning and developing strategies to support short term and long term business plans and budgets.
  • Creates and maintains executive-level relationships with generic pharmaceutical manufacturers (national account VPs up to CEOs).
  • Develops, negotiates, contracts, and executes Company-specific pharmacy supply chain policies with generic pharmaceutical manufacturers such as New Store Openings, Price Protection and Failure to Supply and other local policies.
  • Responsible for developing operational guidelines to ensure the execution of strategies developed by Walgreens and tactics to ensure an uninterrupted supply of quality generic pharmaceuticals at the best possible price for the company stores and customers. Serves as a liaison to Walgreens to coordinate activities between the two teams. Responsible for cross-functionally planning and developing strategies to support short term and long term business plans and budgets.
  • Oversees and directs team of category managers and analysts to execute on strategy and tactics pertaining to execution of over $6 Billion in generic drug purchasing for the company and to ensure uninterrupted supply of generic pharmaceuticals.
  • Develops plans and guidelines for M&A related activities. Responsible for providing input into and attaining generic purchase synergies pertaining to any M&A activity (e.g. Rite Aid) where requested by Walgreens.
  • Represents department, as needed, in M&A discussions.
  • Works within the global organization to manage the collection of pharmaceutical market intelligence (pricing, new market entries, etc.) and the dissemination of information to other pertinent parties within Walgreen Co. Develops quality assurance initiatives to ensure data and pricing integrity across multiple platforms.
  • Responsible for forecasting generic launches and working cross-functionally to model potential financial impact to company. Assures the appropriate use of corporate capital and verifies item exit strategies are in place.
  • Responsible for overseeing all Rx Analytical support for Accounting and Accounts Receivable questions regarding calculations, reconciliations, or validations of any Rx item Rebate, Discount, Chargeback, Claim, along with ensuring timely collection of receivables from vendors. Negotiates financial settlements with vendors for accounting disputes between vendors and Company, as needed.
  • Serves as witness, as requested by internal legal department, to represent the Company in legal matters related to the purchase and distribution of generic pharmaceuticals.
  • Represents Company generics group at appropriate industry trade shows and events. Ensures development and maintenance of positive relationships between team and the vendor community. Serves as liaison to pharmaceutical wholesalers as it relates to generic pharmaceutical purchasing and policies.


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External Basic Qualifications

  • Bachelor's degree and at least 8 years of experience in the pharmaceutical industry (e.g. pharmaceutical manufacturing, distribution, sales, wholesaling, and/or retail pharmacy) OR a High School diploma/GED and at least 11 years of experience in the pharmaceutical industry (e.g. pharmaceutical manufacturing, distribution, sales, wholesaling, and/or retail pharmacy).
  • At least 5 years of experience directing and mentoring team members and providing open feedback including hiring, developing, motivating, and directing people as they work.
  • At least 5 years of experience managing vendor relationships and contract negotiations, to include identifying problems and recommending solutions.
  • At least 4 years of experience working with P&L concepts - revenue, Cost of Goods, gross profit margin, operating expenses and income.
  • Experience interacting with internal and external senior level executives.
  • Experience coordinating and facilitating executive management meetings.
  • Experience collaborating with both internal and external resources to develop strategies that meet department and company goals within budget and established timelines.
  • At least 5 years of experience contributing to financial decisions in the workplace.
  • At least 5 years of direct leadership, indirect leadership and/or cross- functional team leadership.
  • Willing to travel up to 25% of the time for business purposes (within state and out of state)


Preferred Qualifications

  • PharmD, Master's degree, PhD or MBA.
  • Experience with Walgreens in any of the following departments: Market Access, Retail BioPharma Strategy, Pharmaceutical Purchasing and/or Supply Chain.

About Walgreens

Walgreens is the nation's largest drugstore chain with fiscal 2010 sales of $67 billion. The company operates 7,689 drugstores in all 50 states, the District of Columbia and Puerto Rico. Each day, Walgreens provides nearly 6 million customers the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services, and advice in communities across America. Walgreens scope of pharmacy services includes retail, specialty, infusion, medical facility, and mail service, along with respiratory services. These services improve health outcomes and lower costs for payers including employers, managed care organizations, health systems, pharmacy benefit managers, and the public sector. Take Care Health Systems is a Walgreens subsidiary that is the largest and most comprehensive manager of worksite health centers and in-store convenient care clinics, with more than 700 locations throughout the country.

Walgreens Careers

Joining Walgreens means becoming part of a team dedicated to inspiring health and well-being across America. As a cornerstone of the community, Walgreens offers unparalleled job opportunities in the retail and healthcare sectors, making it an ideal place for professional growth and innovation. Work You’ll Do At Walgreens, every position contributes to our mission of delivering premier health solutions while ensuring a diverse and inclusive workplace that fosters growth. Our team members are at the forefront of transforming customer experiences through dedication and expertise. Lead with Innovation and Leadership Embrace the opportunity to lead at Walgreens, where we combine industry expertise with a culture of innovation. Our leadership is committed to nurturing a professional environment where ideas thrive and leadership skills are honed through comprehensive diversity training and leadership development programs. Engage in Meaningful Work Join a team that values hard work and creativity, where your skills will be enhanced through challenging projects and collaborative team efforts. Walgreens is not just about filling prescriptions—it's about offering solutions that promote healthier communities. Explore Career Opportunities Whether you're looking for an entry-level position or a more advanced professional role, Walgreens offers a range of career paths in dynamic business areas. From in-store roles to corporate support, our job opportunities are designed to fit a variety of skills and interests. Internship and Employment Benefits Start your career with a Walgreens internship and gain hands-on experience that paves the way for future employment. Our interns work on real projects that matter, gaining skills that are crucial for future success. Full-time team members enjoy a wealth of benefits, including comprehensive health coverage, retirement plans, and exclusive employee discounts. Invest in Your Career Growth Walgreens is committed to the career development of our employees. We provide resources and training that encourage continuous learning and career advancement. With support for certifications and networking opportunities, team members can expand their professional horizons and achieve their career goals. Stay Connected Join Our Team Discover the diverse range of hiring opportunities at Walgreens by exploring open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players ready to make a significant impact. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work at Walgreens. Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding opportunities that await at Walgreens. At Walgreens, we are excited to see where your ambition takes you. Join us and be part of a team that is dedicated to shaping the future of health and wellness for everyone.
Learn more about Walgreens
Size
202,000 employees
Market Cap
$32.8 billion
Industry
Retail & Consumer Goods
Net Income
-$696 million
Founded
1901
5 Year Trend
+2.3%
Revenue
$141.5 billion
NASDAQ
WBA
* Ladders Estimates

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