Penumbra

Procurement Buyer II

Penumbra$75K — $115K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in supply chain or related field; 2+ years of relevant experience or equivalent education.
  • Knowledge of purchasing processes and procurement systems.
  • Strong communication skills, both oral and written.
  • High attention to detail and accuracy in work.
  • Proficient in MS Word, Excel, and PowerPoint.
  • Strong organizational skills for managing multiple projects.
  • Ability to collaborate effectively across departments.

Responsibilities

  • Manage the entire ERP Purchase Order execution process and ensure accurate records are maintained.
  • Review incoming requisitions for accuracy and communicate with teams before placing orders.
  • Prepare and confirm accurate purchase orders with proper authorization.
  • Oversee the order process from creation to payment, including expedited orders as necessary.
  • Resolve discrepancies with suppliers concerning orders like quantity and delivery timing.
  • Manage Material Master Data to ensure correct scheduling of deliveries.
  • Align with Strategic Procurement to enhance purchasing processes and cost-efficiency.

Benefits

  • Collaborative teamwork environment promoting continuous learning and performance rewards.
  • Opportunity to contribute to groundbreaking treatments for major diseases.
  • Comprehensive benefits package including medical, dental, and vision insurance.
  • 401(k) with employer match and paid parental leave policy.
  • Generous vacation policy that increases with tenure, plus paid sick days.
  • Eleven paid company holidays annually.
Full Job Description
The Procurement Buyer II manages the order process from purchase order through payment for assigned part numbers, commodities and/or suppliers.

This role supports the business to procure goods and services from vendors and suppliers, negotiate terms and prices where required, and maintain records of purchases.

Specific Duties and Responsibilities
• Manage ERP Purchase Order execution process and maintain accurate records in the system by appropriately applying policies and procedures.
• Manage incoming requisitions for accuracy and completeness and communicate with Requisitioners and/or Procurement Schedulers as needed before placing Purchase Orders.
• Prepare accurate and complete Purchase Orders; confirms proper authorization.
• Manage Purchase Order process from creation through payment by working with supplier(s); manage expedited orders in conjunction with business requisitioners and/or Procurement Schedulers.
• Communicate and resolve routine discrepancies (quantity, delivery timing, price, packing slip, certificate of compliance etc.) with supplier while engaging with business stakeholders and/or Scheduling team as needed.
• Manage Material Master Data related to assigned part numbers (MOQ's, Safety Stock Level, ROP Level, Lead Times, Velocity Codes, Service Levels) to ensure proper scheduling.
• Align with Strategic Procurement and Procurement Schedulers to optimize purchasing process, cost efficiencies and procurement of materials and/or services.
• As appropriate, communicate effectively with receiving, IQC and other business stakeholders.
• Review and help prepare reports related to assigned commodities, suppliers and/or part number to manage open POs, payment issues.
• Adhere to the Company's Quality Management System (QMS) as well as domestic and global quality system regulations, standards, and procedures.
• Understand relevant security, privacy and compliance principles and adhere to the regulations, standards, and procedures that are applicable to the Company.
• Ensure other members of the department follow the QMS, regulations, standards, and procedures.
• Perform other work-related duties as assigned.

Position Qualifications - Required
• Bachelor's degree in supply chain or related field with 2+ years of supply chain experience, or equivalent combination of education and or demonstrated experience
• Knowledge of purchasing processing
• Strong oral, written, and interpersonal communication skills
• High degree of accuracy and attention to detail
• Proficiency with MS Word, Excel, and PowerPoint
• Strong organizational skills with ability to prioritize assignments while handling various projects simultaneously
• Ability to collaborate cross-functionally

Position Qualifications - Preferred
• Degree in business, supply chain, logistics, inventory management, or a related field preferred.
• Medical device, pharmaceutical, biotech, or other regulated industry experience desired

Working Conditions
• General office, warehouse, and cleanroom environments
• Willingness and ability to work on site. May have business travel from 0-10%.
• Potential exposure to blood-borne pathogens
• Requires some lifting and moving of up to 25 pounds
• Must be able to move between buildings and floors.
• Must be able to remain stationary and use a computer or other standard office equipment, such as a printer or copy machine, for an extensive period of time each day.
• Must be able to read, prepare emails, and produce documents and spreadsheets.
• Must be able to move within the office and access file cabinets or supplies, as needed.
• Must be able to communicate and exchange accurate information with employees at all levels on a daily basis.

Annual Base Salary Range: $75,000 to $115,000
We offer a competitive compensation package plus a benefits and equity program, when applicable.
Individual total compensation will vary based on factors such as qualifications, skill level, competencies, and work location.

What We Offer
• A collaborative teamwork environment where learning is constant, and performance is rewarded.
• The opportunity to be part of the team that is revolutionizing the treatment of some of the world's most devastating diseases.
• A generous benefits package for eligible employees that includes medical, dental, vision, life, AD&D, short and long-term disability insurance, 401(k) with employer match, paid parental leave, eleven paid company holidays per year, a minimum of fifteen days of accrued vacation per year, which increases with tenure, and paid sick time in compliance with applicable law(s).

About Penumbra

Penumbra is a global healthcare company that designs, develops, manufactures, and markets innovative medical devices for the diagnosis and treatment of neurological and vascular diseases. The company's products include clot retrieval devices, neurovascular stents, and more. Penumbra serves a variety of markets including hospitals, clinics, and ambulatory surgery centers. With a commitment to improving patient outcomes, Penumbra is dedicated to advancing the field of interventional medicine through innovation and collaboration.
Learn more about Penumbra
Size
3,800 employees
Market Cap
$8.4 billion
Industry
Net Income
-$15.7 million
Founded
2004
5 Year Trend
+23.2%
Revenue
$560.4 million
NASDAQ

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