Arthrex

New Product Development & Sourcing Buyer I

Arthrex • $69K — $92K *
Santa Barbara, CA 93101In-Person
Manufacturing & Automotive
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree required
  • 2 years of inventory management and control experience
  • 1 year of experience in a manufacturing environment
  • 1 year of experience in a regulated industry preferred
  • 1 year of experience in the medical device industry preferred

Responsibilities

  • Manage procurement for prototype and production materials and liaise with cross-functional teams
  • Collaborate with Project and Program Management on multiple development projects
  • Monitor market conditions for informed business decisions
  • Research potential new suppliers and manage RFQ/RFP processes
  • Negotiate pricing, terms, and delivery schedules for supply chain efficiency
  • Distribute Engineering Change Requests to support quality systems
  • Set up new Part Numbers in the MRP system for logistics and planning

Benefits

  • Medical, Dental, and Vision Insurance
  • Company-Provided Life Insurance
  • Flexible Spending Account (FSA)
  • Matching 401(k) Retirement Plan
  • Annual Bonus
  • Tuition Reimbursement Program
  • Paid Time Off
  • Paid Parental Leave
  • Volunteer PTO
Full Job Description
Requisition ID: 67266Title:New Product Development & Sourcing Buyer ISalary Range:Salary Minimum: $69,000.00Salary Maximum:
$92,000.00

Essential Duties and Responsibilities:

  • Manage the procurement process for prototype and production materials, acting as the key liaison between Engineering, Suppliers, Quality and Manufacturing.
  • Work closely with Project and Program Management teams, on multiple development projects, including timelines, meetings, and project events while providing communication and oversight to suppliers.
  • Monitor market conditions and trends to make informed business decisions.
  • Research and identify potential new suppliers, including possible onsite reviews. Manage Request for Quote (RFQ) and Request for Proposal (RFP) processes.
  • Negotiate pricing, payment terms, and delivery schedules to achieve supply chain continuity and stabilized cost.
  • Distributes Engineering Change Requests, Supplier Process Changes, to support the Quality system, between Arthrex's stakeholders and suppliers.
  • Set up new Part Numbers in the MRP system, including planning and delivery parameters, logistics and commercial conditions.
  • Manage MRP and new project forecasting reports for inventory and non-inventory planning and order execution.
  • Ensure ramp-up and limit back-orders of all assigned for new products releases.
  • Maintain material cost projections, ensure adherence to budgets, and identify future cost reduction or cost avoidance opportunities.
  • Negotiate contractual terms including NDAs, Development Agreements, Supply Agreements, and SOWs with new and existing Arthrex partners.
  • Manage Logistic, Duties, and Tariff conditions with suppliers importing to the US.


Knowledge:

  • Basic MRP/ERP knowledge preferred.
  • Knowledge of materials management, regulations, procedures, and Logistics.
  • Ability to read/interpret engineering drawings and bills of materials (BOMs).
  • Intermediate level for negotiation, project management, and analytical skills.
  • Microsoft Office knowledge preferred (Office, Word, Outlook).
  • Good numerical, analytical skills preferred.


Reasoning Ability:

  • Evaluating supplier proposals, and determining Total Cost of Ownership (TCO).
  • Identifying root causes for supply chain disruptions, logistical delays, or quality issues.
  • Analyzes and documents inventory management issues using independent judgment.


Discretion/Latitude:

  • Work is performed under general supervision. Follows specific, detailed instructions.


Skills/Abilities:

  • Basic knowledge of inventory management and control concepts.
  • Moderate knowledge of MS Office required.
  • Ability to operate ERP/MRP main functions.
  • Thorough knowledge of production and manufacturing flow.
  • Intermediate ability to negotiate with suppliers to secure favorable pricing, volume discounts, and optimal contract terms.
  • Must have the ability to perform tasks by reading, understanding, and following work instructions/documents provided.
  • Knowledge of raw materials, production processes, quality control and other techniques for manufacturing products.


Experience/Education:

  • Bachelor's Degree required.
  • 2 year's inventory management and control experience required.
  • 1 year manufacturing environment experience required.
  • 1-year regulated industry experience preferred.
  • 1-year medical device industry experience preferred.


Arthrex Benefits
  • Medical, Dental and Vision Insurance
  • Company-Provided Life Insurance
  • Voluntary Life Insurance
  • Flexible Spending Account (FSA)
  • Supplemental Insurance Plans (Accident, Cancer, Hospital, Critical Illness)
  • Matching 401(k) Retirement Plan
  • Annual Bonus
  • Wellness Incentive Program
  • Free Onsite Lunch
  • Gym Reimbursement Program
  • Tuition Reimbursement Program
  • Trip of a Lifetime
  • Paid Parental Leave
  • Paid Time Off
  • Paid Sick Leave
  • Volunteer PTO
  • Employee Assistance Provider (EAP)


Making People Better at Arthrex

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Job Details

Date: Aug 17, 2026

Requisition ID: 67266

Salary Range:

Job title: New Product Development & Sourcing Buyer I

Arthrex

Location:

About Arthrex

Arthrex is a global medical device company and a leader in new product development and medical education in orthopedics. The company's mission is to help surgeons treat their patients better, and the company accomplishes this by providing innovative products and surgical procedures that help surgeons achieve better clinical outcomes. Arthrex has a wide range of products, including devices for sports medicine, foot and ankle, hand and wrist, shoulder and elbow, and orthobiologics. The company also offers medical education programs and resources to help surgeons stay up-to-date with the latest surgical techniques and technologies.
Learn more about Arthrex
Size
14,000 employees
Industry
Healthcare
Net Income
$500 million
Founded
1981
5 Year Trend
+15%
Revenue
$2.3 billion
* Ladders Estimates

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