Principal Buyer/Planner - Shockwave Medical

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at jnj.com As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world.  We provide an inclusive work environment where each person is considered as an individual.  At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit. Job Function: Procurement Job Sub Function: Strategic Sourcing Job Category: Professional All Job Posting Locations: Santa Clara, California, United States of America Job Description: Johnson & Johnson is hiring for a  Principal Buyer/Planner – Shockwave Medical to join our team located in Santa Clara, CA . Fueled by innovation at the intersection of biology and technology, we’re developing the next generation of smarter, less invasive, more personalized treatments. Ready to join a team that’s pioneering the development and commercialization of Intravascular Lithotripsy (IVL) to treat complex calcified cardiovascular disease. Our Shockwave Medical portfolio aims to establish a new standard of care for medical device treatment of atherosclerotic cardiovascular disease through its differentiated and proprietary local delivery of sonic pressure waves for the treatment of calcified plaque. Position Overview The Principal Buyer/Planner will play a pivotal role in the development and production of our medical devices. He/she will be responsible for procuring and planning goods and services for R&D and production to meet and maintain service levels, quality, cost/project budget, and targeted inventory levels. This also includes establishing and fostering relationships with suppliers, communicating, and negotiating with suppliers to ensure delivery schedules are met, best prices are obtained, and in compliance with regulatory requirements and Shockwave quality standards. Essential Job Functions Sources, purchases, plans, and schedules the movement of raw materials, packaging materials, parts, components, and services including subcontract, supplies, finished goods, and related materials through the production and inventory process. Reviews purchase requisitions for completeness; reviews support documentation, currency, payment terms, alignment of backup documentation to requisition, and clarity of description. Create purchase orders and provide monthly forecasts to suppliers based on production planning requirements. Identifies raw material, components, and related requirements from engineering and production specifications and schedules. Coordinates quality matters and engineering/changes or developments to suppliers. Apply various costing and pricing techniques to effectively negotiate the best pricing with suppliers and meet quality, reliability, and delivery objectives. Examples of techniques include benchmark study, VA/VE, competitive bidding, BOM cost, should cost, etc. Coordinates and follows up with production, warehouse, and engineering personnel to ensure appropriate procurement, scheduling, and movement of materials and services. Monitors status of open purchase orders to ensure on-time delivery of all materials, including timely resolution, communication, and mitigation of future potential issues. Expedite material delivery or explore other possible options with suppliers to avoid parts stock out. Resolves issues regarding PO to invoice discrepancies, returns, quality issues, and non-conformances with suppliers. Supports R&D group for early supplier selection and cost negotiation; initiates new supplier set-up process. Produces and develops relevant inventory and procurement reports on a regular basis to track and monitor various areas of performance. Collaborates with vendors to conduct physical inventory, report, and resolve potential issues on inventory discrepancy. Attends daily production meetings, tracks inventory, and production status; resolves and escalates issues that can potentially impact supply; provide receiving inspection and lot release testing priority in response to product demand. Conducts weekly meetings with key vendors to ensure that delivery schedules are on-track and resolve supplier-related issues. Initiates and coordinates shipments of components to sub-contracted vendors for further processing and performs purchase order returns for parts that need to be returned to the vendor. Leads activities related to the MRP/ERP system, including writing and executing work instructions, data collection and input into ERP, master data setup and clean-up, and reporting. Complete various transactions into the ERP system as required. Other duties as assigned. Requirements Bachelor’s degree in business or related discipline. Master’s degree preferred in business or related discipline. 10 years of experience or combined equivalent educational qualification and experience. Prior experience in a regulated environment (i.e. medical device, pharmaceutical) preferred. Experience with production planning, material requirements planning, BOM management, NPI / EOL, re-order point, and other replenishment planning methodologies. Ability to work with a diversified supplier base and high-mix production environment, with the ability to connect the details to higher-level goals. Strong financial and business acumen; maximize cost savings and value creation with all suppliers to improve the company’s profitability; cost accounting understanding/experience. Analytical skills to develop business case for