Job Description
Position Summary
The Instrument Buyer II will optimize the use of company assets in the acquisition of assigned group-purchased finished goods, while adhering to company policies and trade laws. The incumbent will independently manage complex sourcing activities, meet corporate goals and objectives, and serve as a subject-matter resource for systems and sourcing processes by acquiring up-to-date knowledge of market conditions and trends and formulating strategies to ensure the quality and continuity of supply.
Principal Responsibilities
• Assist with the development of the annual inventory/procurement investment plan to meet corporate objectives for Inventory, Service, and Supplier Performance Levels.
• Lead purchased Finished Goods material improvement initiations (i.e., cost reductions, supplier consolidation, blanket orders, inventory turns).
• Participates in contract negotiations with Sr. Manager, Instrument Sourcing.
• Participates in MRB to resolve NCMRs, CAPAs, and SCARs.
• Coordinate operational and strategic supplier tools such as Vendor Managed Inventory, Supplier drop ships, EDI, etc.
• Ensure availability of product to support Sales forecasts and market demands.
• Be active in influencing and/or taking the lead role in ongoing supply chain activities and functions while developing improvements to improve service level.
• Create and/or maintain SOPs as required to reflect sourcing practices.
• Serve as subject-matter expert for system functionality and provide support to the department as required.
• Prepare, distribute, and evaluate formal RFQs to ensure continuity of supply and the support of improvement initiatives.
• Sourcing – review MRP purchase requirements; analyze for quantity, specifications, and delivery. Identify or develop sources, request pricing and delivery capabilities, select suppliers, and place purchase orders.
• Maintain item and vendor master parameter/information in the ERP system to minimize excess inventory and backorders through regular review of historical and actual data, available forecasts, and discussions with Sales, Marketing, Demand Planning, and Distribution.
• Provide system-generated reports and spreadsheet analyses to assist other functions with decision-making by analyzing and defining the required data and/or creating the report or coordinating with the IT team.
• Maintain constant contact and provide clear prioritization with external supplier base, as well as internal customers and constituents; placing a premium on good relationships with Sales, Engineering, Marketing, Customer Service, Distribution, Finance, and QA/RA.
Education / Experience Requirements
• BS/BA in business or technical discipline or five years of relevant experience.
• Minimum of five years’ experience in either Purchasing or Materials Management.
• CPIM and/or CPM certification desired.
Specialized Skills / Other Requirements
• Comprehensive understanding of the MS Office suite required.
o Advanced skills in utilizing Excel VLOOKUP and Pivot Tables.
• Demonstrated ability to work collaboratively as part of a team, as well as independently.
• Strong analytical skills.
• Thorough knowledge of ERP, inter-functional relationships, purchasing techniques, and laws.
• Excellent interpersonal skills as well as strong skills in leadership, oral and written communication, and spreadsheet analysis capability.
• Experience in metals purchasing and blueprint reading preferred.
• Experienced in medical device purchasing or FDA-regulated products preferred