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 required A 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 issuesSupport 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 issuesSupport Supplier Relationship Management (SRM) initiatives, including KPI development, performance monitoring, and continuous improvement efforts
- Initiate and manage quality system activities in support of cGMP requirements
- Represent Procurement in Supplier Change Notification meetings and assess potential supply chain impacts
Key Skills:- An understanding of supplier management, inventory management, supply chain, and procurement
- Familiarity with a cGMP environment
- Effective communication skillsAbility to work independently
- A collaborator with a tremendous positive and professional attitude who is willing and eager to learn
- Excellent organizational and time management skillsAbility to build partnerships across the organization and with suppliers
- Strong analytical and critical thinking skills with robust diligence
- Willingness and the ability to learn new technical skills and information quickly
- Ability to manage and multi-task in a challenging environment
- Planning experience is preferred
Pay 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.
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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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