Purchasing Specialist

3 weeks ago


Memphis, United States Bioventus Full time
Are you ready to work for a more active world?

At Bioventus, our business depends on developing our people. We invest in you and challenge you to be the best. We value our colleagues for their different perspectives and individual contributions, and our leaders listen. Our success rests on working together to achieve shared goals and rewards. Join a diverse team of global colleagues driven to help patients resume and enjoy active lives.

The Purchasing Specialist primary function is to interface with internal stakeholders as well as external suppliers in acquiring needed materials, supplies and other relevant items for use in manufacturing and sales. This position will manage the day-to-day supplier relationship that cover a wide variety of simple and complex requirements of products and/or services, as well as support Operations / Product Management on assuring finished goods supply to support distribution of OEM product. This includes but not limited to item maintenance and inventory management, cost and pricing maintenance, including interfacing with the vendor to assure timely supply and quality of parts.What you'll be doing

1. Generate purchase orders for raw materials and other parts in accordance with company procedures.
2. Obtain price quotes, order quantity and delivery schedule with suppliers to provide the best pricing and delivery requirements for the company, including follow-up.
3. Track orders as well as forecast future supply needs based on the current Sales forecast, including demand planning by assessing current orders and forecast future demand in order to assure adequate inventory on hand; respond to changes in demand and solving any supply chain problems that arise.
4. Maintain adequate inventory, scheduling and receiving shipments of material as well as finished product in conjunction with Planning.
5. Monitor supplier performance (Supply, Delivery and Quality); communicate with suppliers to maintain consistent order volume or order mix.
6. Communicate delivery information to requestor and facility supply chain planning to ensure that materials come in on time and in the event of problems, trace shipments and follow-up undelivered materials.
7. Review open order report daily and expedite orders to ensure delivery requirements are met.
8. Provide vendors with current specifications, drawings and any revision changes for parts ordered.
9. Ensure pricing is accurate and monitor purchase order price variances and communicate changes in pricing to management.
10. Holds oneself and others accountable to conduct business in a manner compliant with Bioventus' Code of Compliance and Ethics, policies and procedures and internal controls applicable to their role.
11. Other duties as assigned.
What you'll bring to the table

•Bachelor's degree.


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