Procurement Analyst/Buyer

Purpose. As a key member of the department, the Procurement Analyst/Buyer will play a crucial role in establishing and maintaining optimal supply par levels based on manufacturing forecasts and play a crucial role in shaping and optimizing procurement processes. The position will be responsible for daily ordering, tracking and communication with all suppliers, ensuring a streamlined inflow of supplies and contributing to the growth and success of the organization.

Duties & Responsibilities:

• Inventory Management System:
  • Implement inventory management system and practices to respond swiftly to evolving product development and market demands.
  • Collaborate with manufacturing and forecasting teams to establish and maintain appropriate supply par levels.
  • Ensure that inventory levels align with production forecasts to meet demand and minimize stockouts.
• Order Management:
  • Place and manage orders with all suppliers to include providing forecasts to suppliers, monitoring performance and pricing, and addressing any issues or concerns promptly.
  • Collaborate closely with cross-functional teams, adapting quickly to changes in demand, production schedules, and market trends.
• Quoting/RFP:
  • Obtain competitive quotes from vendors and assist in development and management of Request for Proposals (RFPs).
• Cost Analysis:
  • Conduct thorough cost analysis to identify opportunities for cost reduction while maintaining product quality and compliance with industry standards and regulations.
  • Develop and manage system for tracking price changes from suppliers.
• Risk Management:
  • Identify potential risks in the supply chain and assist in development of strategies to mitigate them.
• Collaboration:
  • Work closely with cross-functional teams, including manufacturing, R&D, distribution, sales and regulatory affairs.
  • Serve as key team member on software implementations related to supply chain.

• Starting your job duties on time, staying on the job throughout the assigned shift to complete duties properly, and attending all scheduled meetings and appointments

Skills & Abilities:

• Proven ability to develop and implement basic inventory management system with par levels.
• Proven ability to navigate ambiguity, adapt quickly to change, and drive results in a dynamic setting.
• Strong negotiation skills and the ability to build and manage relationships with agile and responsive suppliers.
• Familiarity with regulatory requirements and quality standards applicable to the tissue, biologics and/or medical device industry (e.g., FDA, AATB, ISO).
• Excellent analytical, problem-solving, and decision-making abilities.
• Experience in purchasing, vendor management and logistics specifically in the medical device, biologics, laboratory or similar industries.
• Ability to secure and maintain a favorable background investigation and clearance

Education & Experience:

• Bachelor's degree in Business Administration, Supply Chain Management, Procurement or a related field preferred.
• Minimum 3 years experience as an analyst or buyer (preferably both) in a manufacturing industry.
• Valid Class “C” driver’s license