
Posted 5 days ago
Senior Buyer
AI Summary
The Senior Buyer manages strategic procurement of materials, components, and services for medical device manufacturing, ensuring supply continuity, cost optimization, and regulatory compliance.
About this role
Our mission is to Profoundly change the standard of care by creating a tomorrow where clinicians can confidently ablate tissue with precision; a tomorrow where patients have access to safe and effective treatment options, so they can quickly return to their daily lives. Changing the standard of care is part of our fabric. We are a group of energetic, problem-solvers focused on innovation, and looking to change the world. We are changing the paradigm for treating diseases such as prostate cancer by using real-time MR Imaging, thermal ultrasound and close-loop temperature feedback control, to gently ablate the diseased tissue with minimal side effects.
If you share our values and want to work in a collaborative results focused culture and want to make a Profound impact in healthcare and your career, here is your chance.
General Accountability
The Senior Buyer is responsible for the strategic procurement of direct and indirect materials, components, services, and capital equipment required to support the manufacturing and distribution of medical devices. This role ensures uninterrupted supply, cost optimization, supplier performance management, and compliance with quality and regulatory requirements. The Senior Buyer collaborates closely with Manufacturing, Planning, Quality, Regulatory Affairs, Engineering, Finance, and Suppliers to support operational objectives and customer commitments.
Duties & Responsibilities
Procurement & Supply Management
- Manage procurement activities for raw materials, components, subassemblies, packaging, and indirect spend categories.
- Execute purchasing transactions including purchase orders, supplier agreements, and contract renewals.
- Ensure timely availability of materials to support production schedules and customer demand.
- Monitor supplier delivery performance, lead times, and inventory levels to minimize supply disruptions.
Strategic Sourcing
- Lead sourcing initiatives to achieve cost savings, quality improvements, and supply continuity.
- Identify, qualify, and develop alternative suppliers to reduce risk and improve competitiveness.
- Conduct supplier negotiations for pricing, contracts, payment terms, and service level agreements.
- Support new product introductions and engineering changes through supplier engagement and sourcing strategies.
Supplier Relationship Management
- Develop and maintain strong relationships with key suppliers.
- Conduct supplier performance reviews using OKRs such as on-time delivery, quality performance, responsiveness, and cost management.
- Drive supplier corrective actions and continuous improvement initiatives.
- Collaborate with Quality Assurance on supplier qualification, audits, and compliance activities.
Inventory & Planning Support
- Partner with Planning and Manufacturing teams to support Sales, Inventory, and Operations Planning (SIOP) activities.
- Manage inventory levels to balance service, working capital, and operational requirements.
- Analyze demand forecasts and material requirements to identify supply risks and opportunities.
- Support inventory reduction initiatives while maintaining customer service levels.
Regulatory & Quality Compliance
- Ensure procurement activities comply with applicable medical device regulations and quality management system requirements.
- Maintain accurate purchasing records and documentation in accordance with company procedures.
- Support audits and regulatory inspections related to supplier and procurement processes.
- Collaborate with Quality and Regulatory teams on risk assessments and supplier controls.
Continuous Improvement
- Identify opportunities to streamline procurement processes and improve operational efficiency.
- Utilize ERP/MRP systems to manage purchasing activities and maintain data accuracy.
- Develop metrics and reporting related to supplier performance, cost savings, inventory, and material availability.
- Participate in cross-functional projects supporting business growth and operational excellence.
Education & Certifications
- Bachelor's degree in Supply Chain Management, Business Administration, Engineering, Operations Management, or a related field.
- Professional procurement certification (CPM, CPSM, SCMP, or equivalent) preferred.
Key Attributes
- 7+ years of purchasing, sourcing, or procurement experience within a regulated manufacturing environment.
- Minimum 3 years in the medical device, biotechnology, pharmaceutical, diagnostics, or life sciences industry preferred.
- Experience managing suppliers across global supply chains.
- Proven track record of successful supplier negotiations and cost reduction initiatives.
- Strong knowledge of procurement, inventory management, and supply chain principles.
- Understanding of GMP, ISO 13485, FDA, Health Canada, and other regulated manufacturing requirements.
- Experience with ERP/MRP systems such as SAP, Oracle, Microsoft Dynamics, or equivalent.
- Advanced analytical and problem-solving skills.
- Strong negotiation, communication, and relationship management abilities.
- Proficiency in Microsoft Excel and data analysis tools.
We thank you for your interest in Profound Medical. Please note only candidates that are short-listed will be contacted.
The expected annual salary range for this role is $85,000 - $110,000 CAD. Actual compensation will be determined based on experience, qualifications, and job-related factors. This role may also be eligible for participation in the company’s benefits programs, such as a group RRSP and medical benefits paid by the employer.
We strive to promote diversity and equal opportunity in the workplace and encourage applications from all qualified individuals, including those with disabilities. If selected to participate in the recruitment, selection, and/or assessment process, please inform Human Resources of the nature of any accommodation(s) that you may require.
Skills
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