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Procurement Specialist

Procurement Specialist

BioLab Holdings, Inc.Mesa, AZ, US
19 days ago
Job type
  • Full-time
Job description

Description

Job Title : Procurement Specialist

Company Summary :

Our mission is to manufacture reliable and safe products with the highest quality to help optimize body performance through continuous innovation, education, superior customer service, and teamwork. Biolab Holdings is a regenerative health company, focused on providing innovative solutions that encourage the body to heal itself naturally. Our portfolio of solutions includes best-of-breed biologics and revolutionary biotechnology. We are seeking individuals who are passionate about making a difference in the work they do and will help support our company mission.

Reports To : Sr. Supply Chain Manager

Job Overview : We are seeking a detail-oriented and proactive Purchasing and Supply Chain Specialist to manage procurement, sourcing, and supplier relationships to ensure seamless operations and inventory management. This role requires collaboration with cross-functional teams, supplier negotiation, and continuous process improvement to support production and company goals.

Essential Functions :

  • Purchasing :
  • Monitor inventory levels and establish Kanban systems to ensure adequate stock at each process step
  • Develop and update reorder points by tracking consumption rates, lead times, yields, and pricing; adjust based on changes in assumptions
  • Create and manage purchase orders (POs) for materials and services, ensuring adherence to company guidelines and approval processes
  • Ensure accurate allocation of purchase costs to the appropriate GL accounts based on company policies and procedures
  • Collaborate with cross-functional teams to forecast demand and plan inventory levels accordingly

Ensure timely delivery of components and execute a process to follow up on delayed raw material shipments

  • Provide suppliers with documentation updates (i.e. new specification and drawing revisions) at appropriate times

    • Support accounting to ensure invoices are tied to POs and paid in a timely manner

  • Maintain accurate records of purchases, pricing, inventory levels, and GL account allocations in purchasing systems
  • Coordinate shipping and logistics for specific import / export shipments, including documentation and customs clearance as needed
  • Sourcing :

    • Identify and mitigate risks related to single sourcing, uncertain lead times, or supplier reliability

  • Collaborate during the new product development cycle to source and select components and suppliers
  • Source and select vendors based on quality, price, and delivery capabilities
  • Negotiate pricing, terms, and contracts with suppliers to secure favorable agreements
  • Resolve issues related to pricing discrepancies, delivery delays, and quality concerns with suppliers
  • Ensure a cost-reduction strategy is in place to identify and communicate critical improvements to cost
  • Supplier management :

    • Build and maintain strong supplier relationships to ensure reliability and performance

  • Develop and implement a supplier performance management process to monitor and improve supplier outcomes
  • Assist in setting up new vendors within the ERP system and ensuring compliance with company policies
  • Additional Responsibilities :

    • Ensure a purchasing policy is in place and up to date to guide procurement activities

  • Ensure supply chain approval for updates to labeling and marketing documents is occurring where needed
  • Minimize duplicate ordering (i.e. ordering through both POs and online orders)
  • Improve cash flow management and reduce credit card fees by ensuring terms are established with suppliers
  • Assist the manufacturing manager in achieving department goals and continuous improvement initiatives
  • This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the job. Other duties may be assigned.

    • Qualifications :

  • Bachelor's degree in Supply Chain Management, Business Administration, or related field required.
  • 3-4 years of proven experience as a Purchasing Agent or Procurement Officer is preferred.
  • Strong negotiation skills and ability to build relationships with suppliers.
  • Proficiency in purchasing software and systems.
  • Detail-oriented with a focus on accuracy and efficiency in purchasing operations.
  • Ability to work independently and prioritize tasks effectively.
  • Knowledge of supply chain management practices and purchasing processes.
  • Familiarity with General Ledger (GL) accounting and the ability to allocate costs appropriately.

    • Location : On-Site - Mesa, AZ

    What we offer :

    Looking for a company to work for can be a daunting task, but we believe that we stand out from the rest. Our company offers a positive and inclusive work environment, opportunities for growth and development, and a commitment to work-life balance. Join us and become part of a team that values your contributions and invests in your success.

    Total Rewards Package :

  • Competitive Salaries
  • Health, Dental, and Vision Insurance
  • Retirement Plans
  • Tuition Reimbursement
  • Generous Paid Time Off
  • Employee Assistance Program
  • No premium payments

    • BioLab Holdings is an Equal Opportunity employer and does not discriminate based on race, ancestry, color, religion, sex, age, marital status, sexual orientation, national origin, medical condition, disability, veteran status, gender identity, or any other basis protected by law.

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    Procurement Specialist • Mesa, AZ, US