Purchasing Analytics Specialist

At MIMEDX, our purpose starts with helping humans heal. We are driven by discovering and developing regenerative biologics utilizing human placental tissue to provide breakthrough therapies addressing the unmet medical needs for patients across multiple areas of healthcare. Possessing a strong portfolio of industry leading advanced wound care & surgical products, we are committed to making a transformative impact on the lives of patients we serve globally. Will you join us on this journey? We are excited to add a Purchasing Analytics Specialist to our Supply Chain team! This role will be a hybrid position. The position will pay between $74,000- $88,000 based on previous relevant experience and educational credentials.

POSITION SUMMARY:

We are seeking a proactive and detail-oriented Purchase & Supply Analytics Specialist to support procurement and supply chain operations by managing end-to-end purchasing processes and applying data-driven insights to optimize strategies. This role combines traditional purchasing functions with analytics, budget planning, and supplier management, including contract manufacturers. The ideal candidate will utilize data analytics tools to deliver actionable insights that drive cost savings, enhance supplier performance, and improve overall operational efficiency.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

1. Procurement & Purchasing:

• Source and purchase raw materials, products, or services in a timely and cost-effective manner.

• Maintain relationships with suppliers, addressing concerns related to quality, delivery, or pricing.
• Monitor inventory levels to ensure stock availability and avoid stockouts or overstock situations.

• Prepare and manage purchase orders, ensuring accurate and timely delivery of products.
• Analyze purchasing and supplier data to identify trends, cost-saving opportunities, and efficiency improvements.
• Design and maintain dashboards and reports to track procurement KPIs and support strategic decision-making.
• Collaborate with procurement, finance, and supply chain teams to support sourcing decisions.
• Forecast purchasing needs based on historical data and future supply scenarios.
• Develop and execute short- and long-term purchasing budgets.
• Manage contract manufacturer suppliers for new and existing products.
• Identify risks in the supply chain and propose mitigation strategies.

2. Inventory & Supply Chain Management:

• Ensure the optimal flow of materials to meet production deadlines while minimizing inventory costs.
• Conduct regular inventory audits to ensure accurate stock levels.
• Collaborate with logistics to manage inbound shipments and deliveries.
• Use forecasting techniques to predict future material needs and reduce excess inventory.

1. Reporting & Data Management:

• Maintain accurate and up-to-date records for purchasing, inventory, and production schedules.
• Analyze data to identify trends, cost-saving opportunities, and areas for improvement.
• Generate regular reports on procurement activities, inventory status, and production schedules for senior management

Cross-functional Collaboration:

• Work closely with the strategic procurement, production, and logistics teams to ensure alignment between supply chain activities and overall company objectives.
• Support the development of processes to streamline purchasing and scheduling workflows.

Continuous Improvement & Efficiency Gains:

Identify opportunities for process improvements within procurement, production scheduling, and inventory management to drive cost savings and enhance operational efficiency.

• Lead or participate in initiatives aimed at streamlining workflows, reducing waste, and improving resource utilization across the supply chain.
• Utilize Lean Manufacturing, Six Sigma, or other continuous improvement methodologies to monitor and enhance supply chain performance.
• Collaborate with cross-functional teams to implement the best practices and achieve measurable improvements in delivery times, inventory turnover, and supplier performance.

PROBLEM SOLVING:

• Performs a full range of professional-level work that requires processing and interpreting complex or less clearly defined issues. Identifies problems, evaluates possible solutions, and takes appropriate action to resolve them.
• Demonstrates skill in data analysis by resolving missing/incomplete information and addressing inconsistencies or anomalies in complex research/data.

DECISION MAKING/SCOPE OF AUTHORITY:

• Work requires increasing independence, with guidance received only on unusual or complex issues.
• Work is typically reviewed periodically by a supervisor.

SPAN OF CONTROL/COMPLEXITY:

• Fully competent and productive professional contributor, working independently on moderately complex projects or assignments with direct impact on departmental results.

EDUCATION/EXPERIENCE:

• Bachelor's degree in supply chain management, Business, or a related field (or equivalent experience).
• 2-3 years of experience in Purchasing and/or Supply Chain
• Proven experience in purchase analytics, procurement analysis, or supply chain analytics.
• Proven experiences in procurement, purchasing, or scheduling (preferably in a manufacturing environment).
• Strong knowledge of supply chain management principles, inventory control, and production scheduling.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and supply chain management software (ERP systems such as QAD, SBWED, etc.).
• Excellent negotiation, communication, and interpersonal skills.
• Strong attention to detail, problem-solving skills, and the ability to work under pressure.
• Ability to manage multiple tasks simultaneously and prioritize effectively.
• Knowledge of Lean Manufacturing or Continuous Improvement methodologies is a plus.

SKILLS/COMPETENCIES:

• Technical Skills:
  
  
  
  • Business systems such as ERP and MRP
  • Operational and financial metrics
  • Inventory management.
  • Master scheduling
  • Supplier capabilities
  • Logistics and distribution
  • Analytics reports
  • Critical thinking and root cause identification
  
  
  
  
• Leadership Skills:
  
  
  
  • Strong written and verbal communication
  • Collaboration and ability to resolve conflicts
  • Ability to work with multiple stakeholders
  • Team management goal setting and attainment
  
  
  
  

WORK ENVIRONMENT/EXPECTED BUSINESS TRAVEL:

The work is typically performed in a normal office environment. Role routinely uses standard office equipment. Remote work is no greater than 20%.

WORK ENVIRONMENT/EXPECTED BUSINESS TRAVEL:

The work is typically performed in a normal office environment. Role routinely uses standard office equipment. Remote work no greater than 20%.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to, or requirements for, this job at any time.