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Procurement and Planning Specialist

2 months ago


Somerset, New Jersey, United States Planet Pharma Full time

Position Overview: The Procurement and Planning Specialist plays a crucial role in the acquisition of both direct and indirect materials, ensuring timely delivery and alignment with the Master Product Schedule.

General Responsibilities:

  • Uphold the effectiveness of the Quality System components pertinent to this role.
  • Accountable for the supply of all materials necessary to support production operations.
  • Identify and resolve material-related issues, facilitating communication with all relevant internal stakeholders.
  • Lead investigations into material discrepancies and related events.
  • Perform additional duties as required.

Buying and Purchasing Duties:

  • Create and issue purchase orders (POs) to suppliers in accordance with approved vendor lists, ensuring timely approvals.
  • Manage lead times and expedite costs with suppliers.
  • Maintain a comprehensive tracker for order status, PO status, lead times, and receipt of goods.
  • Source new suppliers and vendors based on input from various teams.
  • Ensure receipt of all necessary documentation for materials.
  • Monitor and adjust open POs and supplier commitments, resolving discrepancies to ensure timely payments.
  • Gather quotes for materials as requested by team members.
  • Collaborate with Global Procurement for significant purchases to ensure compliance with necessary agreements.
  • Support capital expenditure processes.

Planning Responsibilities:

  • Conduct raw material planning for projects.
  • Maintain inventory levels in line with company policies and objectives, adjusting safety stock levels as needed.
  • Manage Item Masters, BOMs, routes, and other supply chain data.
  • Assist in launch activities for new products as directed.
  • Review excess and obsolete inventory, providing data to seek reimbursement for customer-owned materials.
  • Monitor inventory levels to ensure targets are met, adjusting purchasing activities accordingly.
  • Process materials for destruction when obsolete or expired.
  • Prepare materials for shipment, including documentation for material samples.

Qualifications:

  • Bachelor's degree in a life science discipline, supply chain management, business, or equivalent experience.
  • A minimum of 2-4 years of experience in a similar role, encompassing production planning, inventory control, and purchasing.
  • At least 2 years of experience in the pharmaceutical industry or a strong understanding of industry controls and requirements.
  • 1 year of experience working with MRP systems.
  • Strong communication skills for effective interaction with suppliers, production operations, and management.