Senior Buyer, Purchasing

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.