Purchasing and Planning Manager

Job Description

Job Description

The Purchasing and Planning Manager plays a crucial role in an organization's supply chain by overseeing both the acquisition of goods and services (purchasing) and the strategic management of inventory and production schedules (planning). This integrated role aims to optimize costs, enhance efficiency, ensure quality standards, and mitigate supply chain risks.

RESPONSIBILITIES:

· Develop and implement purchasing strategies: This includes sourcing, selecting, and evaluating suppliers based on criteria like price, quality, reliability, cost-effectiveness, ethical and sustainability standards, and adherence to company policies.

· Negotiate and manage contracts: Secure favorable terms, conditions, pricing, payment terms, and delivery schedules with suppliers.

· Manage the procurement process: developing procurement procedures, evaluating bids, processing requisitions and purchase orders, and ensuring timely delivery of materials.

· Inventory management and planning: Analyze demand patterns, forecast future needs, set stock levels, track inventory movement, manage potential discrepancies, and implement inventory management strategies to minimize waste and optimize stock levels.

· Collaborate and communicate: Work closely with various departments like production, engineering, finance, and sales to understand their requirements, align procurement and planning strategies with overall business objectives, and ensure smooth information flow.

· Data analysis and reporting: Utilize procurement software and tools to track and monitor inventory levels, costs, and performance metrics, generating reports and insights for management.

· Supplier Relationship Management: Build and maintain strong, collaborative relationships with key suppliers to ensure a reliable and efficient supply chain.

· Continuously evaluate and improve processes: Identify opportunities for process enhancements, cost savings, and lead initiatives to optimize efficiency within the purchasing and planning functions.

· Risk Management: Identify and mitigate risks related to supply chain disruptions, supplier reliability, quality control, and potential material obsolescence.

EXPERIENCE/SKILL REQUIREMENTS:

· Minimum 5 years working in a medical device purchasing/supply chain or warehouse environment.

· Experience with global supply chain teams including policy and procedure development, strategy formulation, regulatory compliance, quality systems and product life cycle planning.

· Strong leadership skills, including the ability to set goals and provide positive and constructive feedback respectfully to build positive relationships and improve business results.

· Ability to work effectively within a team in a fast-paced changing environment.

· Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.

· Multi-tasks, prioritizes and meets deadlines in timely manner. Strong organizational, planning, and follow-up skills and ability to hold others accountable.

· Ability to travel up to 5%

Extremity Medical is an orthopedic implant and instrument company focused on fusion and motion preservation in the foot and ankle, and hand and wrist. The company sells approximately 15 product lines both in the US and internationally. The company is focused on development of novel products to meet customer needs.

Company Description

Extremity Medical is an orthopedic implant and instrument company focused on fusion and motion preservation in the foot and ankle, and hand and wrist. The company sells approximately 15 product lines both in the US and internationally. The company is focused on development of novel products to meet customer needs.