Insight Global

Compensation

Full Description

Position: Buying Analyst Location: Remote, but candidates must be located in the Atlanta, GA area Duration: Direct Hire, Full-Time Salary: $75,000-$95,000 - Exact compensation may vary based on several factors, including skills, experience, and education. The ideal candidate will conduct quantitative and qualitative analysis across various projects to optimize company growth and business. You will manipulate datasets, create financial models, and summarize findings in a succinct manner for client's usage. The Buying Analyst serves as the critical link between sourcing strategy and operational execution with the supply chain for Class I and Class II medical devices. This role is responsible for developing supplier relationships, executing purchase orders (POs), maintaining supply continuity, and optimizing inventory to meet customer and production demands. The ideal candidate combines analytical precision with negotiation and cross-functional collaboration skills to ensure the right materials are available at the right time, cost, and quality. Key Responsibilities: • Develop and maintain strategic relationships with key suppliers to ensure consistent quality, delivery reliability, and cost competitiveness. • Translate demand and forecast signals from Sales, Inventory, and Operations Planning (SIOP) into executable purchase orders. • Manage PO life cycle including creation, confirmation, rescheduling, and delivery follow-up in the ERP system. • Maintain visibility of on-hand, in-transit, and committed inventory to proactively identify supply risks and shortages. • Manage supplier performance through scorecards using Key Performance Indicators (KPIs), Quarterly Business Reviews (QBRs), and continuous improvement initiatives. • Support efforts to reduce total cost of ownership (TCO) by working with sourcing through value engineering, logistics optimization, and contract interpretation. • Implement reorder point strategies and lead time buffers to prevent stockouts. • Proactively identify and mitigate supply risks, including geopolitical, financial, and operational disruptions. • Partner with Finance and Operations to ensure cost accuracy and supply reliability for all Class I and Class II finished good devices and components. • Support supply chain system and process integrations for any new acquired entities, ensuring alignment across ERP, Warehouse, Planning, and Sourcing platforms. • Drive procurement automation and analytics improvements in collaboration with IT and Supply Chain. • Ensure all purchases comply with internal policies, regulatory requirements, and ethical sourcing standards. • Maintain accurate documentation for audits and traceability. Required Qualifications: • 3-5 years of experience across both supply chain planning and buying • Previous experience looking at EOQ (economic order quantity) and assessing a viable solution for freeing up cash flow • Proficiency in ERP systems, Excel, and procurement tools. • Experience with supplier scorecards and performance management. • Strong negotiation and influencing skills. • Analytical thinking and data-driven decision-making. • Cross-functional collaboration with engineering, production, and finance. • Exceptional attention to detail in purchase orders, specifications, and contracts. • Effective problem-solving and contingency planning. • Excellent time and task management. • Ability to thrive in a fast-paced, cross-functional environment managing multiple priorities.