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- Tasks: Lead procurement activities, negotiate contracts, and manage supplier relationships.
- Company: Join UFP Technologies, a key player in medical device manufacturing and supply chain solutions.
- Benefits: Enjoy competitive benefits like health insurance, 401K matching, paid time off, and employee discounts.
- Why this job: Be part of a dynamic team impacting healthcare with innovative solutions and a collaborative culture.
- Qualifications: Requires a Bachelor's degree and 10 years' experience in procurement within manufacturing.
- Other info: Position is on-site in Newburyport, MA; commuting distance required.
The predicted salary is between 43200 - 72000 £ per year.
About UFP Technologies: UFP Technologies is a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other highly engineered custom products. UFP is an important link in the medical device supply chain and a valued outsource partner to most of the top medical device manufacturers in the world. The Company's single-use and single-patient devices and components are used in a wide range of medical devices and packaging for minimally invasive surgery, infection prevention, wound care, wearables, orthopedic soft goods, and orthopedic implants.
Location: This position will be on-site full-time in Newburyport, MA. The position holder will need to be within commuting distance (within 45 min).
Senior Buyer Summary: The Senior Buyer is responsible for the coordination of all activities related to procurement such as planning, purchasing, risk assessment, contract negotiation, monitoring market trends, cost reduction strategies, inventory management, and total supplier quality management utilizing best buy practices and conformance to UFP procedures.
Senior Buyer Duties and Responsibilities:
- Independently oversees the purchase order process from creation to closure, ensuring accuracy in terms and conditions, and compliance with company policies.
- Develops and implements purchasing strategies that align with the company's business goals and operational needs.
- Negotiates better terms and secures advantageous agreements through effective management of supplier relationships.
- Analyzes market trends and supplier performance to identify opportunities for cost savings and supply chain optimization.
- Implements risk management strategies to mitigate potential supply chain disruptions, including diversifying supplier base and maintaining safety stock levels.
- Manages total supplier quality, including site audits as needed.
- Independently handles various special projects assigned by Supply Chain Manager, Materials Manager, or Manufacturing Manager, related to product search, costing, plant operations or financials.
- Tracks and reports materials/inventory levels per project on a regular basis.
- Manages sub-contract supply chain requirements.
- Backs up Supply Chain Manager with duties and covers during absence.
- Travels to supplier less than 10% of the time.
- Performs all other duties as assigned or needed.
Senior Buyer Qualification Requirements:
- Bachelor's degree in material procurement or similar discipline, and minimum of 10 years' experience in a procurement function supporting a manufacturing operation.
- Strong analytical abilities and experience working with MRP systems.
- Experience with lean manufacturing and six sigma environments.
- Strong attention to detail, accuracy, and data entry skills.
- Ability to analyze complex planning matrixes and execute best strategies for optimal stocking levels.
- Excellent organizational skills.
- Good written and verbal communications skills.
- Six Sigma Lean background.
- Word, Excel, Power Point fluency preferred.
- Supplier audit experience preferred.
- CPM certification preferred.
To apply for this job please create a profile with us through our online application system. Click the "Apply" box in the upper right hand corner to start the application process. Or, if you already have a social media account with LinkedIn, Google, or Facebook you can use your log in credentials to apply.
UFP Technologies, Inc. is an Equal Opportunity/Affirmative Action employer Minorities/Women/Veterans/Disabled.
Contact Detail:
UFP Technologies, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Buyer
✨Tip Number 1
Familiarise yourself with UFP Technologies' products and services. Understanding their role in the medical device supply chain will help you demonstrate your knowledge during interviews and show how you can contribute to their goals.
✨Tip Number 2
Network with professionals in the procurement and medical device sectors. Attend industry events or join relevant online forums to connect with people who might provide insights or referrals that could help you land the Senior Buyer position.
✨Tip Number 3
Brush up on your negotiation skills, as this role heavily involves securing advantageous agreements. Consider role-playing scenarios with a friend or mentor to practice articulating your strategies and approaches.
✨Tip Number 4
Stay updated on market trends and supplier performance metrics relevant to the medical device industry. Being able to discuss current trends and how they impact procurement will set you apart from other candidates.
We think you need these skills to ace Senior Buyer
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Senior Buyer position. Tailor your application to highlight relevant experience in procurement, contract negotiation, and supplier management.
Craft a Targeted CV: Your CV should reflect your 10+ years of experience in procurement, particularly in manufacturing. Emphasise your analytical skills, familiarity with MRP systems, and any Six Sigma or Lean certifications you possess.
Write a Compelling Cover Letter: In your cover letter, explain why you are a great fit for UFP Technologies. Mention specific achievements in previous roles that demonstrate your ability to develop purchasing strategies and manage supplier relationships effectively.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that all information is accurate and that your documents are formatted professionally to make a strong impression.
How to prepare for a job interview at UFP Technologies, Inc.
✨Know Your Procurement Fundamentals
Make sure you brush up on your procurement knowledge, especially in areas like contract negotiation and supplier relationship management. UFP Technologies values strong analytical abilities, so be prepared to discuss your experience with MRP systems and how you've implemented cost-saving strategies in the past.
✨Demonstrate Your Analytical Skills
Since the role requires strong analytical skills, come prepared with examples of how you've analysed market trends or supplier performance. Be ready to explain how your insights led to successful purchasing strategies or risk management solutions.
✨Showcase Your Lean Manufacturing Experience
UFP Technologies appreciates candidates with a background in lean manufacturing and Six Sigma. Highlight any relevant projects where you've applied these principles to improve efficiency or reduce waste, and be specific about the outcomes.
✨Prepare Questions About Company Culture
Understanding the company culture is crucial. Prepare thoughtful questions about UFP Technologies' approach to teamwork and collaboration, especially in relation to their supply chain operations. This shows your genuine interest in fitting into their work environment.
