Strategic Buyer
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.
$85,000 to $105,000 - Exact compensation may vary based on several factors, including skills, experience, and education.