Procurement Operations - Senior Buyer (Oakville)
Vital Bio
Senior Buyer
Full Time You are a seasoned, proactive, detail-oriented supply chain professional who thrives in a fast-paced, mission-driven environment and is eager to help scale a startup into production and commercialization. With experience in biomedical or electro-mechanical manufacturing, you’re comfortable managing planning, procurement, and new product introduction activities while building strong relationships across engineering, manufacturing, quality, and finance. You are analytical, organized, and hands‑on, with the judgment to keep material flowing and the curiosity to improve processes as the company scales.
Responsibilities
- Identify and lead improvements to planning, procurement, and inventory processes, championing better tools, smarter workflows, and scalable infrastructure as the company grows.
- Co‑Develop and implement KPIs and procurement metrics dashboards (on‑time delivery, cost savings, PO accuracy, supplier scorecards, spend analytics, and Purchase Price Variance (PPV)).
- Support supplier sourcing and RFQ activity for NPI and production materials.
- Support development of a diversified, resilient supplier base, leading qualification efforts and reducing single‑source risk in coordination with Sourcing.
- Own purchasing and planning activities for assigned commodities, including raw materials, components, and services.
- Own prototype procurement and material readiness for new builds, coordinating assembly planning timelines, identifying long‑lead risks early, and ensuring nothing blocks a build.
- Partner with Sourcing to develop a comprehensive per‑part procurement plan for every component transferred, covering approved vendor qualification, lead times, MOQs, safety stock levels, PO strategy, and supply continuity risk.
- Own the formal design transfer and handoff process from Sourcing at the Pilot stage, assuming full procurement ownership of all parts from Pilot build onward.
- Drive inventory strategy for assigned commodities—establishing safety stock levels, reorder parameters, and demand‑aligned replenishment plans in close partnership with planning to minimize excess while protecting continuity.
- Hold suppliers accountable to performance standards, managing change controls, lead times, quality, delivery, and pricing with urgency, and escalating risks with clear recommendations and resolution paths.
- Partner with engineering and supplier quality to qualify recent suppliers and support design transfer activities.
- Maintain and champion master data integrity in MISys, including items, BOMs, suppliers, jobs, and locations, establishing standards that others on the team can rely on.
- Coordinate production and procurement schedules with manufacturing to support capacity and demand needs.
- Conduct spend analysis and category reviews across reagents and instrument hardware to identify consolidation and savings opportunities—surfacing insights to Sourcing for contract action.
- Identify opportunities to improve planning, procurement, and inventory processes, and help implement better tools and workflows.
Qualifications
- Bachelor’s degree in supply chain, business, engineering, science, or a related field, or equivalent experience.
- 10+ years of experience in procurement, supply chain, or production planning, ideally in biomedical, diagnostics, or electro‑mechanical manufacturing.
- Hands‑on experience with supplier management, purchasing, inventory control, and production planning.
- Deep experience with PO management systems, ERP/MRP platforms (SAP, Oracle, NetSuite, or equivalent), and procurement analytics tools.
- Ability to work cross‑functionally and communicate clearly with technical and non‑technical partners.
- Proficiency in Microsoft Office, especially Excel.
- Strong understanding of inventory management principles—safety stock, reorder points, lot sizing, and aging/obsolescence management.
- Ability to read and interpret supplier agreements and elevate commercial discrepancies to the Sourcing team appropriately.
- Demonstrated ability to develop and track procurement KPIs including on‑time delivery, supplier scorecards, cost savings, PO accuracy, inventory aging, and Purchase Price Variance (PPV).
Bonus Points
- Experience in regulated industries such as medical devices, diagnostics, biotechnology, or pharmaceuticals.
- Familiarity with GMP, ISO 13485, or other quality management systems.
- Exposure to NPI, design transfer, or prototype planning.
- Experience with continuous improvement methodologies such as Lean or Six Sigma.
- Interest in stepping into a broader procurement leadership role as the company grows.
Compensation
Compensation will be determined based on the individual’s demonstrated experience, education, training, relevant certifications or licensure, and other applicable business and organizational factors.
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