Buyer II

Wave Life Sciences is a biotechnology company focused on unlocking the broad potential of RNA medicines to transform human health. Our RNA medicines platform, PRISM, combines multiple modalities, chemistry innovation and deep insights in human genetics to deliver scientific breakthroughs that treat both rare and prevalent disorders. Our toolkit of RNA-targeting modalities including RNAi silencing and RNA editing provides us with unmatched capabilities for designing and sustainably delivering candidates that optimally address disease biology.

Our diversified pipeline is focused on our obesity, alpha-1 antitrypsin deficiency and PNPLA3 I148M liver disease programs and includes clinical programs for Duchenne muscular dystrophy and Huntington’s disease, as well as several preclinical programs utilizing our versatile RNA medicines platform.  Driven by the calling to “Reimagine Possible”, we are leading the charge toward a world in which human potential is no longer hindered by the burden of disease.

Description The Buyer II purchases complex, high-value materials, equipment, and supplies while managing purchasing activities such as pricing, order tracking, and delivery status to ensure compliance with internal policies and procedures. This role will proactively address issues and take appropriate action to ensure the on-time delivery of materials. Additionally, the Buyer II negotiates with key suppliers to secure competitive pricing, optimize service levels, and identify process improvements that ensure continuity of supply.

To further mitigate risk and strengthen sourcing strategies, the Buyer reviews bids and proposals, analyzes market trends, and identifies potential alternative sources of supply. This person in this role will monitor supplier performance through key metrics, including quality, on-time delivery, and lead times, and will partner with suppliers to drive continuous improvement. This role is expected to be on site 4x/week at our Lexington, MA office.

Experience Bachelor’s degree in Business, Supply Chain, or a related discipline is requiredA minimum of 2 years of procurement experience in complicated Supply Chain structures

Experience with Quality and ERP systems

Experience using MS applications (Word, Excel, Access, Outlook, PowerPoint, and Project)
Previous experience working in the pharmaceutical or medical products industry

Responsibilities

Create purchase orders and execute requisitions based on MRP signals and business requirements

Maintain accurate purchase order and release schedules to support uninterrupted supply

Ensure timely and cost-effective procurement and delivery of materials

Oversee and manage min-max inventory requirements for cGMP raw materials

Analyze material usage and inventory data to assess potential impacts on supply and production

Manage purchasing and usage unit of measure conversions (Buy vs. Use)
Review monthly scrap reports and adjust raw material requirements accordingly

Collaborate closely with the Planning department to provide forecasts and communicate material requirements to suppliers

Maintain a thorough understanding of production schedules and material demand

Develop and manage strategic relationships with suppliers to support business objectives

Regularly review purchase order reports and proactively address changes that could impact production schedules

Review supplier open-order reports and lead weekly or bi-weekly supplier meetings to ensure alignment of priorities and deliveries

Provide critical supply information and risk assessments to internal stakeholders during supply disruptions

Partner with Logistics and suppliers to resolve purchase order and shipment-related issues

Support the annual standard cost review process

Manage raw material failure investigations, including blocked inventory and Supplier Corrective Action Request (SCAR) processes

Support supplier and part number onboarding activities by providing information required for new supplier and material setup

Negotiate pricing, lead times, and service levels with suppliers

Establish purchasing units of measure and pricing for new part number creation

Monitor and control freight and supplier expedite costs while partnering with suppliers to ensure the consistent use of Wave-preferred carriers

Partner with Finance to resolve purchase price variances, pricing discrepancies, and goods receipt issues

Support Supplier Relationship Management (SRM) initiatives, including KPI development, performance monitoring, and continuous…