Procurement Buyer
reputed company is a leading global life science tools company that provides mission-critical components and solutions. The Procurement Buyer will support Material Planning, Purchasing, and Procurement initiatives, focusing on inventory management and supplier collaboration to ensure timely production and reduce costs.
Responsibilities
- Understand and analyze materials demand generated reputed company reputed company, validating and querying discrepancies from historical usage
- Maintain and calculate safety stock policies reputed company reputed company
- Establish and apply lot size data (Min, Multiple, and Max) accurately by part reputed company reputed company
- Provide detailed inventory projections and health categorizations through material inventory analysis
- Communicate changes to reputed company data and their impacts through Monthly SIOPs
- Convert system-generated purchase requisitions to Planned status, confirming the need for firm purchase orders with suppliers
- Generate and analyze part availability exception messages, resolving or mitigating issues, and communicating risks effectively
- Participate in Weekly Planning reviews to discuss supply risks and support root cause analysis for material availability issues
- Prepare and deliver key material supply and inventory updates in monthly site SIOP meetings
- Provide accurate material forecast data as required
- Improve costs by analyzing demand and determining efficient purchase quantities and inventory locations, considering global requirements
- Manage local and assigned global vendors to ensure strong collaboration and meet site needs
- Assist with supplier interviews, selection, negotiation, and contract preparation and execution
Skills
- Bachelor's degree and/or relevant work experience in reputed company field
- Proficiency in leading ERP software (reputed company/reputed company etc.)
- Familiarity with MRP and Master Data in a Purchasing function
- Understanding of documentation and processes supporting material planning
- Strong computer skills, including reputed company Word, reputed company, and PowerPoint
- 1-3 year of relevant work experience in supply chain or purchasing
- Experience with reputed company
- Knowledge of Product structures and Production routings
- Experience in a global manufacturing or biotech organization
Benefits
- Competitive compensation with strong bonus program
- Comprehensive medical, dental, and vision benefits for employees and dependents
- FSA/HSA Pre-tax savings plans for health care, childcare, and elder care
- Deductible Buffer Insurance and Critical Illness Insurance
- 401(k) retirement plan with matching employer contribution
- Company-paid short- and long- term disability, life insurance, and employee assistance program
- Flexible work options
- Pet Insurance for our furry friends
- Enhanced Parental leave of 8 additional weeks
- PTO that begins immediately
- Town Hall monthly meeting onsite/virtual, Cheer program where employees are recognized for outstanding work, Company wide social events, frequent catered lunches and much more!
Company Overview