Senior Buyer
Posted Sep 18 (29 days ago) · Last updated Oct 17 · Open 29 days, longer than the usual 10 for this role
Key facts
Senior Buyer needed in Mississauga for medical devices; CAD 85k-110k; RRSP/medical benefits.
How this salary compares
Too few postings state a salary to show this.
| Market | Lower bound (25th percentile) | Median | Upper bound (75th percentile) |
|---|---|---|---|
| Buyer roles | €4,000 per month | €4,900 per month | €6,000 per month |
| This offer | €7,083 per month | €8,125 per month | €9,167 per month |
Original job ad
As published by Profound Medical
This is the employer's own ad. Pay, requirements and the other details on this page are our reading of it, not facts the employer confirmed.
About the role
Summarised by JobCrawls from the job ad above.
Requirements
- 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
- 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
- The expected annual salary range is 85,000 - 110,000 CAD and benefits including RRSP and medical benefits
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.
Skills & technologies
Benefits & perks
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About Profound Medical
| Location | Active listings |
|---|---|
| Remote - Global | 9 |
| Vantaa, Finland | 2 |
| Role type | Active listings |
|---|---|
| Capital Sales Executive | 3 |
| Clinical Product Expert | 2 |
| Software Developer | 1 |
| Generalist | 1 |
| Manager, Supply Chain & Logistics | 1 |
| Field Service Engineer | 1 |
| Software Test Engineer | 1 |
| Strategic Account Manager | 1 |
| Role level | Active listings |
|---|---|
| Mid-Level | 7 |
| Manager | 3 |
| Senior | 1 |
