Sr. Buyer (Indirect Materials)

Shockwave Medical, Inc. is a pioneer in the development and commercialization of Intravascular Lithotripsy (IVL) to treat complex calcified cardiovascular disease. Shockwave Medical aims to establish a new standard of care for medical device treatment of atherosclerotic cardiovascular disease through its differentiated and proprietary local delivery of sonic pressure waves for the treatment of calcified plaque.
Position Overview

The Senior Buyer will play a pivotal role in the development and production of our medical devices. He/she will be responsible for procuring and planning goods and services for R&D and production to meet and maintain service levels, quality, cost/project budget, and targeted inventory levels. This also includes establishing and fostering relationships with suppliers, communicating, and negotiating with suppliers to ensure delivery schedules are met, best prices are obtained, and in compliance with regulatory requirements and Shockwave quality standards. 

Essential Job Functions:

• Sources, purchases, plans, and schedules the movement of raw materials, packaging materials, parts, components, and services including subcontract, supplies, finished goods, and related materials through the production and inventory process.
• Reviews purchase requisitions for completeness; reviews support documentation, currency, payment terms, alignment of backup documentation to requisition, and clarity of description.
• Create purchase orders and provide monthly forecasts to suppliers based on production planning requirements.
• Identifies raw material, components, and related requirements from engineering and production specifications and schedules. Coordinates quality matters and engineering/changes or developments to suppliers.
• Apply various costing and pricing techniques to effectively negotiate the best pricing with suppliers and meet quality, reliability, and delivery objectives. Examples of techniques include benchmark study, VA/VE, competitive bidding, BOM cost, should cost, etc.
• Coordinates and follows up with production, warehouse, and engineering personnel to ensure appropriate procurement, scheduling, and movement of materials and services.
• Monitors status of open purchase orders to ensure on-time delivery of all materials, including timely resolution, communication, and mitigation of future potential issues. Expedite material delivery or explore other possible options with suppliers to avoid parts stock out.
• Resolves issues regarding PO to invoice discrepancies, returns, quality issues, and non-conformances with suppliers.
• Supports R&D group for early supplier selection and cost negotiation; initiates new supplier set-up process.
• Produces and develops relevant inventory and procurement reports on a regular basis to track and monitor various areas of performance.
• Collaborates with vendors to conduct physical inventory, report, and resolve potential issues on inventory discrepancy.
• Attends daily production meetings, tracks inventory, and production status; resolves and escalates issues that can potentially impact supply; provide receiving inspection and lot release testing priority in response to product demand.
• Conducts weekly meetings with key vendors to ensure that delivery schedules are on-track and resolve supplier-related issues.
• Initiates and coordinates shipments of components to sub-contracted vendors for further processing and performs purchase order returns for parts that need to be returned to the vendor.
• Leads activities related to the MRP/ERP system, including writing and executing work instructions, data collection and input into ERP, master data setup and clean-up, and reporting. Complete various transactions into the ERP system as required.
• Other duties as assigned.

Requirements:

• Bachelor's degree in business or related discipline
• 5 years of work experience as a Buyer/Planner. Prior experience in a regulated environment (i.e. medical device, pharmaceutical) preferred.
• Experience with production planning, material requirements planning, BOM management, NPI / EOL, re-order point, and other replenishment planning methodologies.
• Ability to work with a diversified supplier base and high-mix production environment, with the ability to connect the details to higher-level goals.
• Strong financial and business acumen; maximize cost savings and value creation with all suppliers to improve the company's profitability; cost accounting understanding/experience.
• Excellent written and oral communication skills, with demonstrated analytical capabilities, business savvy, and leadership skills; with a focus on details and accuracy and a strong aim to improve existing process and systems
• Self-driven individual capable of working independently as well as a strong team player collaborating with cross-functional teams; build relationships at all levels within the internal organization and external suppliers/vendors.
• Strong capabilities to develop and balance immediate/long-term priorities with appropriate urgency to meet deadlines and exceptional multi-tasking skills
• Working knowledge of quality system requirements and compliance (e.g. traceability, QSRs, ISO, MDD requirements).
• Experience working with, managing, and implementing ERP/MRP systems, Oracle (Fusion Cloud) or QAD strongly preferred
• Understanding of contracts, terms and conditions (pricing agreement, MSA, LOI, NDA, etc).
• Proficient in Microsoft Office (including Excel, Word, PowerPoint, Outlook, etc.).
• Lean/Six Sigma Green Belt (or comparable training).
• APICS certification preferred. 

Benefits
Shockwave Medical offers competitive total compensation packages in line with market requirements.