Jul 06, 2017
Understanding the basics when it comes to pharmacy benefits management (PBM) can be very beneficial to procurement managers trying to find cost savings in unfamiliar territory.
To help, we've created a helpful guide with key questions to ask and specific terms to know when you are starting conversations with your HR teammates.
Jim Walters: Partner Manager at Corporate United
Jim built, implemented and now leads enhancements to a Supplier Relationship Management (SRM) program which caters to Corporate United’s top 10 partner relationships but scales to accommodate our entire partner base of 30+ supply partners. This program focuses on Risk Mitigation, Best-in-Class Program Development, Executive Stakeholder Alignment, and Program Goal & Objective Alignment. In addition to SRM program management, Jim manages two categories within our Human Resources vertical, Background Checks/Drug Screening (Sterling Talent Solutions) & Pharmacy Benefits (CVS Caremark), using the principle of Category Lifecycle Management (CLM).