Purchasing Manager
Job Description
Job Description
Element Science, Inc. is a medical device and digital health company focused on developing solutions at the intersection of clinical-grade wearables, machine learning algorithms, and lifesaving therapies in order to address leading causes of death and hospitalization in patients with heart disease, primarily as they transition from the hospital-to-home. By putting the needs of patients and physicians first, our personalized digital devices, which are designed for function, comfort, and ease-of-use, aim to redefine the paradigm of care for these patients. Our first product, a wearable patch defibrillator, is initially targeted at treating the more than 500,000 patients in the US with an elevated temporary risk of potentially experiencing a lethal heart rhythm. Headquartered in San Francisco, our funders include Third Rock Ventures, Google Ventures, Deerfield Healthcare, Qiming Venture Partners USA, Cormorant Asset Management, and Invus Opportunities.
SUMMARY OF ROLE:
Join a dynamic team where your expertise in procurement and supplier management will drive excellence in the medical device industry! As a Purchasing Manager , you will play a pivotal role in sourcing high-quality materials, negotiating strategic contracts, and cultivating strong supplier relationships—all while ensuring compliance with FDA, ISO 13485, and industry standards. If you have a proven track record in supply chain management, strategic sourcing, and vendor negotiation within the medical device sector, we want to hear from you!
RESPONSIBILITIES:
- Strategic Procurement Leadership: Design and execute commodity sourcing strategies that optimize costs while maintaining the highest standards of quality and regulatory compliance. Lead complex projects, including outsourced manufacturing initiatives.
- Cost Optimization & Budgeting: Take charge of procurement budgets by implementing smart cost-saving measures—without ever compromising quality or compliance. Your expertise will make a direct impact on the bottom line.
- Supplier Excellence: Build and nurture strong supplier partnerships to ensure reliability, quality, and adherence to industry standards. Track and analyze key supply chain metrics to drive continuous improvement and supplier performance.
- Master Negotiator: Secure the best pricing, terms, and contracts with suppliers, ensuring cost-effective agreements that align with business goals.
- Proactive Risk Management: Anticipate commodity specific risk such as price volatility and supply chain disruptions before they happen. Develop contingency plans and alternate sourcing strategies to mitigate risks and ensure uninterrupted operations.
- Cross-Functional Influence: Collaborate with R&D, Quality Assurance, and Manufacturing teams to streamline procurement processes and keep production moving seamlessly.
- ERP & Data Optimization: Play a key role in the implementation and optimization of ERP systems, ensuring accurate purchasing records and leveraging data for smarter decision-making.
- Purchasing Order Management: Authorizing payments and managing purchasing expenses with meticulous record-keeping.
QUALIFICATIONS:
- Bachelor's degree required; MBA or relevant certifications (APICS) a plus. Equivalent work experience will also be considered.
- 5–7 years of progressive experience in purchasing and materials management, ideally within the medical device sector.
- Strong understanding of Class II and III medical device regulations, including FDA 21 CFR Part 820, ISO 13485, and MDR compliance requirements.
- Hands-on experience with ERP systems, procurement software, and Microsoft Office Suite to streamline purchasing operations.
- Demonstrated success in driving cost savings, negotiating supplier contracts, and evaluating supplier performance to optimize supply chain efficiency.
- Exceptional communication, problem-solving, and leadership skills with the ability to effectively manage teams and cross-functional partnerships.
BENEFITS:
Element Science offers a very competitive salary and benefits package including, but not limited to:
- Stock Options
- 90% employer-paid medical, dental, and vision insurance
- Company-paid Basic Life Insurance
- 401(k) retirement plan (Traditional and Roth)
- Competitive Paid Time Off
- Paid Holidays
- FSA (Flexible Spending Accounts)
- HSA (Health Savings Account)
- Employee Assistance Program through PEO
The salary for this exempt-level position will be based on experience and qualifications within an established pay range.
- Salary Range: $140,000 - $150,000
Element Science is an Equal Opportunity Employer. All candidates will be evaluated on the basis of their qualifications for the job in question. We do not base our employment decision on an employee's or applicant's race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, or other non-merit-based factors prohibited by local, state, or federal law.
In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire. We are not able to sponsor individuals for employment visas for this job.
At this time, we are unable to offer relocation assistance at Element Science.
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