Procurement Specialist, Direct Materials
- Oversee material planning for Green Channel item replenishment to meet inventory KPIs while ensuring continuity of supply.
- Lead strategic sourcing and manage the procurement process for direct materials and consumables used in production, ensuring alignment with cost objectives, quality standards, and regulatory requirements.
- Develop alternative vendors for critical materials and components to ensure supply continuity and mitigate supply chain risks.
- Conduct category management to identify cost-saving opportunities through vendor consolidation and the use of alternative materials or components.
- Leverage negotiation, analytical, and market research skills to drive value through cost reduction initiatives. Track and report KPIs related to cost savings, cost avoidance, on-time delivery (OTD), and efficiency improvements.
- Execute vendor management by building supplier profiles, conducting regular business reviews, and securing both short- and long-term pricing contracts and Master Supply Agreements (MSAs).
- Serve as the primary point of contact for negotiating and executing contracts and agreements in coordination with the legal team.
- Collaborate closely with production team to provide effective procurement support by understanding production processes, tracking changes in material consumption, and proactively addressing critical issues with urgency.
- Maintain active communication with suppliers of critical materials to stay updated on market conditions, ensure timely deliveries, and identify potential risks and opportunities.
- Work cross-functionally with quality, finance, and other departments to ensure procurement processes remain compliant with company policies and regulatory standards.
- Respond to internal and external audit challenges by providing complete and accurate procurement documentation and justifications.
- Bachelor’s degree or higher in Business, Supply Chain Management, or a related field
- Minimum of 1-3 years of experience in procurement, with a focus on direct materials
- Strong negotiation, communication, and analytical skills
- Project management skills, with experience in procurement for lab projects preferred; this experience will be considered a significant advantage
- Proven capability to navigate a dynamic, fast-paced environment while adapting to shifting priorities and identifying opportunities
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