Senior Buyer, Purchasing (60723)

Position Summary:

The Strategic Buyer is responsible for executing procurement strategies that ensure the timely, cost-effective, and compliant sourcing of materials and components used in Class I and Class II medical devices. This role plays a key part in balancing supply assurance, cost management, and supplier performance in alignment with company goals and regulatory standards.

Key Responsibilities:

• Develop and maintain strategic relationships with key suppliers to ensure consistent quality, delivery reliability, and cost competitiveness.
• Support supplier performance through scorecards using Key Performance Indicators (KPIs), Quarterly Business Reviews (QBRs), and continuous improvement initiatives. 
• Identify opportunities to reduce total cost of ownership (TCO) by working with sourcing through value engineering, logistics and economic order quantity (EOQ) optimization, and contract interpretation. 
• Implement reorder point strategies and lead time buffers to prevent stockouts.
• Proactively identify and mitigate supply risks, including geopolitical, financial, and operational disruptions.
• Partner with Finance and Operations to ensure cost accuracy and supply reliability for all Class I and Class II finished good devices and components. 
• Drive procurement automation and analytics improvements in collaboration with IT and Supply Chain.
• Support supply chain system and process integrations for any new acquired entities, ensuring alignment across ERP, Planning, Warehouse, and Sourcing platforms. 
• Ensure all purchases comply with internal policies, regulatory requirements, and ethical sourcing standards.
• Maintain accurate documentation for audits and traceability.

Required Competencies:

• Strong negotiation and influencing skills.
• Analytical thinking and data-driven decision-making.
• Cross-functional collaboration with engineering, production, and finance.
• Exceptional attention to detail in purchase orders, specifications, and contracts.
• Effective problem-solving and contingency planning.
• Excellent time and task management.
• Ability to thrive in a fast-paced, cross-functional environment managing multiple priorities.

Preferred Qualifications:

• Bachelor’s degree in Supply Chain Management, Business, or related field.
• 3–5 years of experience in manufacturing procurement or strategic sourcing.
• Proficiency in ERP systems, Excel, and procurement tools.
• Experience with supplier scorecards and performance management.