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.DescriptionThe 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.ExperienceBachelor’s degree in Business, Supply Chain, or a related discipline is requiredA minimum of 2 years of procurement experience in complicated Supply Chain structuresExperience with Quality and ERP systemsExperience using MS applications (Word, Excel, Access, Outlook, PowerPoint, and Project)Previous experience working in the pharmaceutical or medical products industryResponsibilitiesCreate purchase orders and execute requisitions based on MRP signals and business requirementsMaintain accurate purchase order and release schedules to support uninterrupted supplyEnsure timely and cost-effective procurement and delivery of materialsOversee and manage min-max inventory requirements for cGMP raw materialsAnalyze material usage and inventory data to assess potential impacts on supply and productionManage purchasing and usage unit of measure conversions (Buy vs. Use)Review monthly scrap reports and adjust raw material requirements accordinglyCollaborate closely with the Planning department to provide forecasts and communicate material requirements to suppliersMaintain a thorough understanding of production schedules and material demandDevelop and manage strategic relationships with suppliers to support business objectivesRegularly review purchase order reports and proactively address changes that could impact production schedulesReview supplier open-order reports and lead weekly or bi-weekly supplier meetings to ensure alignment of priorities and deliveriesProvide critical supply information and risk assessments to internal stakeholders during supply disruptionsPartner with Logistics and suppliers to resolve purchase order and shipment-related issuesSupport the annual standard cost review processManage raw material failure investigations, including blocked inventory and Supplier Corrective Action Request (SCAR) processesSupport supplier and part number onboarding activities by providing information required for new supplier and material setupNegotiate pricing, lead times, and service levels with suppliersEstablish purchasing units of measure and pricing for new part number creationMonitor and control freight and supplier expedite costs while partnering with suppliers to ensure the consistent use of Wave-preferred carriersPartner with Finance to resolve purchase price variances, pricing discrepancies, and goods receipt issuesSupport Supplier Relationship Management (SRM) initiatives, including KPI development, performance monitoring, and continuous improvement effortsInitiate and manage quality system activities in support of cGMP requirementsRepresent Procurement in Supplier Change Notification meetings and assess potential supply chain impactsKey SkillsAn understanding of supplier management, inventory management, supply chain, and procurementFamiliarity with a cGMP environmentEffective communication skillsAbility to work independentlyA collaborator with a tremendous positive and professional attitude who is willing and eager to learnExcellent organizational and time management skillsAbility to build partnerships across the organization and with suppliersStrong analytical and critical thinking skills with robust diligenceWillingness and the ability to learn new technical skills and information quicklyAbility to manage and multi-task in a challenging environmentPlanning experience is preferredPay Range Disclosure Statement$85,000—$116,000 USDThe range provided is based on what we believe is a reasonable estimate for the annual base salary pay range for this position at the time of posting. Actual annual base salary will vary based on several factors including, but not limited to, relevant skills, experience, qualifications, position criticality, and internal equity. This position is eligible for a discretionary annual bonus and discretionary stock-based long-term incentives. In addition to compensation, Wave offers a comprehensive and competitive range of benefits designed to support our employees’ and their families physical and financial health and overall well-being. These include, but are not limited to, company-sponsored medical, dental, vision, life, long and short-term disability insurances, generous paid time off (including a week-long company shutdown in the Summer and the Winter), 401K participation with matching contributions, and Employee Stock Purchase Program. Wave Life Sciences provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Wave Life Sciences complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.Wave Life Sciences expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Wave Life Sciences’ employees to perform their job duties may result in discipline up to and including discharge.We value our relationships with professional recruitment firms. To protect the interests of all parties, and given the large volume of inquiries received from third-party placement agencies, we are not able to respond to all agency inquiries. We do not accept unsolicited resumes from any source other than directly from candidates for current or future positions. Submission of unsolicited resumes in advance of a signed agreement between our company and a placement agency does not create an implied obligation and, if an unsolicited candidate represented by a placement agency is hired, we are not obligated to pay a fee. 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