Pharmacy Supply Coordinator in Colorado Career Overview

As a Pharmacy Supply Coordinator, you play a vital role within the healthcare industry, ensuring that pharmacies operate efficiently and meet the needs of patients. Your primary responsibilities revolve around managing the inventory and supply chain of pharmaceutical products. This involves:

  • Inventory Management: You are responsible for tracking medication supplies, ensuring that pharmacies are well-stocked with the necessary medications and supplies to meet patient demands.
  • Ordering and Procurement: You coordinate the procurement process, placing orders with suppliers, negotiating prices, and maintaining good relationships with vendors to secure quality products.
  • Quality Control: Your role includes monitoring the storage conditions and shelf life of pharmaceuticals to ensure compliance with safety regulations and standards.
  • Regulatory Compliance: You help ensure that the pharmacy adheres to state and federal regulations governing the storage and handling of medications.
  • Data Analysis: You analyze supply usage patterns to forecast needs and reduce waste, contributing to the pharmacy's overall efficiency and cost-effectiveness.
  • Collaboration: You work closely with pharmacists, healthcare providers, and other team members to maintain seamless operations and facilitate comprehensive patient care.

In summary, your role as a Pharmacy Supply Coordinator is integral to the smooth functioning of pharmacy operations, impacting both the efficiency of the service and the quality of care provided to patients.

Pharmacy Supply Coordinator Salary in Colorado

Annual Median: $36,800
Hourly Median: $17.69

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Required Education To Become a Pharmacy Supply Coordinator in Colorado

To become a Pharmacy Supply Coordinator, you will need to pursue relevant educational qualifications. Consider the following degree programs that can prepare you for this role:

  • Health and Medical Administrative Services

    • This degree provides foundational knowledge in managing healthcare environments, including pharmacy operations and supply chain management.
  • Health Services Administration

    • A degree in Health Services Administration equips you with skills in overseeing health services, with a focus on the operational aspects of medical facilities.
  • Business Administration and Management

    • Enrolling in a Business Administration program will enhance your understanding of organizational practices, finance, and human resources, all of which are vital for effective supply coordination.
  • Pharmacy Administration and Pharmacy Policy and Regulatory Affairs

    • This specialized degree focuses on the business and regulatory aspects of pharmacy, preparing you for the unique challenges in managing pharmaceutical supplies and policies.
  • Pharmacy

    • Pursuing a degree in Pharmacy will provide you with in-depth knowledge of medications, drug management, and pharmacy operations, although this path requires additional licensure to practice as a pharmacist.

Further training may be required through internships or on-the-job experience to gain practical knowledge in pharmacy supply coordination.

Best Schools to become a Pharmacy Supply Coordinator in Colorado 2024

University of Phoenix-Arizona

Phoenix, AZ

In-State Tuition:$9,552
Out-of-State Tuition:$9,552
Admission Rate:N/A
Graduation Rate:18%
Total Enrollment:88,891

Southern New Hampshire University

Manchester, NH

In-State Tuition:$15,000
Out-of-State Tuition:$15,000
Admission Rate:96%
Graduation Rate:41%
Total Enrollment:164,091

Western Governors University

Salt Lake City, UT

In-State Tuition:$7,404
Out-of-State Tuition:$7,404
Admission Rate:N/A
Graduation Rate:49%
Total Enrollment:156,935

Colorado Technical University-Colorado Springs

Colorado Springs, CO

In-State Tuition:$12,036
Out-of-State Tuition:$12,036
Admission Rate:N/A
Graduation Rate:20%
Total Enrollment:24,808

Grand Canyon University

Phoenix, AZ

In-State Tuition:$16,407
Out-of-State Tuition:$16,407
Admission Rate:78%
Graduation Rate:45%
Total Enrollment:101,816

Liberty University

Lynchburg, VA

In-State Tuition:$15,467
Out-of-State Tuition:$15,467
Admission Rate:99%
Graduation Rate:66%
Total Enrollment:96,709
Pharmacy Supply Coordinator Job Description:
  • Record drugs delivered to the pharmacy, store incoming merchandise, and inform the supervisor of stock needs.
  • May operate cash register and accept prescriptions for filling.

Pharmacy Supply Coordinator Required Skills and Competencies in Colorado

  • Inventory Management: You should have a strong understanding of inventory control principles to maintain optimal stock levels and manage the supply chain effectively.

  • Attention to Detail: Precision is vital in tracking medications and supplies. You must ensure that all orders are processed accurately and that inventory records reflect actual stock.

  • Communication Skills: You will need to communicate effectively with pharmacists, suppliers, and other healthcare professionals. Clear verbal and written communication is essential for coordinating supply orders and addressing supply-related issues.

  • Analytical Skills: Ability to analyze inventory data and trends is critical. You should be able to assess consumption patterns and forecast future supply needs.

  • Problem-Solving Skills: You must be adept at identifying issues that may arise with supply levels or order fulfillment and developing effective solutions quickly.

  • Organizational Skills: Strong organizational capabilities will help you manage multiple tasks simultaneously, ensuring that inventory is well-structured and easy to navigate.

  • Technical Proficiency: Familiarity with pharmacy management systems and software tools is important for maintaining accurate records and processing orders efficiently.

  • Knowledge of Pharmaceuticals: Having a solid understanding of various medications, including their classifications, uses, and storage requirements, will enhance your effectiveness in the role.

  • Time Management: You need to prioritize tasks efficiently to meet deadlines, especially in a fast-paced pharmacy environment.

  • Regulatory Awareness: Understanding of relevant regulations and compliance standards in the pharmaceutical supply chain will ensure that your work adheres to legal and safety guidelines.

  • Collaboration Ability: You should work well with others, fostering productive working relationships with pharmacy staff and suppliers to ensure seamless supply operations.

Job Duties for Pharmacy Supply Coordinators

  • Accept prescriptions for filling, gathering and processing necessary information.

  • Greet customers and help them locate merchandise.

  • Operate cash register to process cash or credit sales.

Technologies and Skills Used by Pharmacy Supply Coordinators

Electronic mail software

  • Microsoft Outlook

Presentation software

  • Microsoft PowerPoint

Spreadsheet software

  • Microsoft Excel

Basic Skills

  • Listening to others, not interrupting, and asking good questions
  • Talking to others

Problem Solving

  • Noticing a problem and figuring out the best way to solve it

Job Market and Opportunities for Pharmacy Supply Coordinator in Colorado

The job market for Pharmacy Supply Coordinators in Colorado is characterized by a steady demand and promising growth potential driven by various factors within the healthcare sector. Here are some key insights into the current landscape:

  • Increased Demand: The ongoing emphasis on efficient medication management and supply chain accuracy within healthcare facilities has led to a consistent need for skilled Pharmacy Supply Coordinators. This role is essential in ensuring that pharmacies and healthcare providers have the necessary medications and supplies in stock.

  • Growing Healthcare Sector: As Colorado continues to experience growth in its healthcare facilities, including hospitals, clinics, and specialty pharmacies, opportunities for Pharmacy Supply Coordinators are expanding. The state's focus on improving healthcare access and services fuels the demand for professionals in this field.

  • Health System Expansions: Many healthcare systems in Colorado are undergoing expansions to meet population growth and demographic changes. These expansions often include the addition of new pharmacy departments, thereby creating more positions for Pharmacy Supply Coordinators.

  • Geographical Hotspots:

    • Denver: The metropolitan area is home to a significant number of hospitals and healthcare facilities, leading to a higher concentration of job opportunities for Pharmacy Supply Coordinators.
    • Colorado Springs: Known for its growing healthcare sector, this city is also a hotspot for job openings in pharmacy supply management.
    • Boulder: With a robust healthcare community and educational institutions, Boulder presents opportunities for professionals looking to enter or advance in the pharmacy supply chain.
    • Fort Collins: This city has seen growth in healthcare services, further increasing the demand for Pharmacy Supply Coordinators.
  • Future Growth Potential: Projections suggest that the demand for Pharmacy Supply Coordinators will continue to rise as pharmacies increasingly adopt technology for inventory management and improve operational efficiency. This growth is also influenced by evolving regulations and an emphasis on quality patient care, driving the need for experienced coordinators.

  • Diverse Work Environments: Pharmacy Supply Coordinators can find employment in a variety of settings, including:

    • Hospitals
    • Retail pharmacies
    • Long-term care facilities
    • Pharmaceutical manufacturers
    • Health insurance companies

Exploring these opportunities can lead to a fulfilling career path within the healthcare supply chain, especially given the growth patterns observed in the state.

Additional Resources To Help You Become a Pharmacy Supply Coordinator in Colorado

  • Pharmacy Supply Chain Management
    Explore the intricacies of supply chain management within the pharmaceutical industry.
    American Society of Health-System Pharmacists (ASHP)

  • Pharmacy Supply Coordinator Job Description
    Understand the roles and responsibilities of a Pharmacy Supply Coordinator through comprehensive resources.
    O*NET Online

  • Pharmaceutical Industry Regulations
    Stay updated on the regulations governing pharmaceutical distribution in the United States, including FDA guidelines.
    U.S. Food and Drug Administration (FDA)

  • Continuing Education for Pharmacy Professionals
    Find various continuing education courses aimed at pharmacy professionals to enhance your skills.
    Pharmacy Times Continuing Education

  • Networking and Professional Development
    Join networks that cater to pharmacy professionals, providing opportunities for development and connection.
    American Pharmacists Association (APhA)

  • Supply Chain Management Resources
    Access articles, case studies, and other resources focusing on efficient supply chain management practices.
    Institute for Supply Management (ISM)

  • Pharmacy Technology Updates
    Read up on the latest in pharmacy technology and how it impacts supply chain coordination.
    Pharmacy Technology Report

  • Professional Journals
    Consider subscribing to industry-relevant journals that publish research and updates on pharmacy practices and supply chain management.
    Journal of Pharmaceutical Sciences

  • Local Pharmacy Associations
    Engage with local pharmacy organizations in Colorado for support, resources, and local networking opportunities.
    Colorado Pharmacists Society

  • Job Boards for Pharmacy Positions
    Look for job listings specific to Pharmacy Supply Coordinator roles and other pharmacy-related jobs in Colorado.
    PharmacyJobBoard.com
    Indeed
    LinkedIn Jobs

These resources can help you gain a deeper understanding of the Pharmacy Supply Coordinator role, its challenges, and opportunities within the industry.

Frequently Asked Questions (FAQs) About Pharmacy Supply Coordinator in Colorado

  • What does a Pharmacy Supply Coordinator do?
    A Pharmacy Supply Coordinator manages the procurement, inventory, and distribution of pharmaceutical and medical supplies within a pharmacy. Your role involves ensuring that necessary supplies are available, maintaining accurate inventory records, and collaborating with healthcare providers and suppliers.

  • What qualifications do I need to become a Pharmacy Supply Coordinator in Colorado?
    Typically, a high school diploma or equivalent is required, although some employers may prefer candidates with an associate degree or higher. Relevant experience in pharmacy operations or supply chain management can also be beneficial. Obtaining certification as a Pharmacy Technician may enhance your qualifications.

  • What skills are essential for a Pharmacy Supply Coordinator?
    Key skills include strong organizational abilities, attention to detail, proficiency in inventory management software, effective communication, problem-solving skills, and the capacity to work as part of a team.

  • What is the typical work environment for a Pharmacy Supply Coordinator?
    You will generally work in a pharmacy setting, which may include hospitals, retail pharmacies, or clinics. The environment is typically fast-paced, requiring you to interact with pharmacists, technicians, suppliers, and other healthcare professionals daily.

  • What is the job outlook for Pharmacy Supply Coordinators in Colorado?
    The job outlook is positive, as the demand for pharmacy services continues to grow. With an aging population and advances in healthcare, the need for skilled supply coordinators is expected to increase.

  • How much can I expect to earn as a Pharmacy Supply Coordinator in Colorado?
    Salaries can vary based on factors such as location, experience, and the specific employer. On average, you can expect to earn between $40,000 and $60,000 per year.

  • Are there opportunities for advancement in this career?
    Yes, there are opportunities for career advancement. With experience and additional training, you can progress to roles such as Pharmacy Manager, Supply Chain Manager, or other supervisory positions within the healthcare setting.

  • What continuing education options are available for Pharmacy Supply Coordinators?
    Continuing education courses and professional development seminars are available through various organizations. Staying updated on industry trends, regulations, and supply chain technologies is beneficial for career advancement.

  • Do I need to be certified to work as a Pharmacy Supply Coordinator?
    Certification is not always required, but it can improve your employment prospects. Certification as a Pharmacy Technician or relevant logistics certifications can be advantageous in demonstrating your knowledge and skills to potential employers.

  • What are some common challenges faced by Pharmacy Supply Coordinators?
    Common challenges include managing supply shortages, maintaining accurate inventory records, keeping track of expiration dates, and ensuring compliance with regulatory standards. Being proactive and organized can help mitigate these issues.