New Product Development & Sourcing Buyer I

Arthrex; Santa Barbara (CA); On-site; USD 69,000 - 92,000; Full time

Benefits offered by this job

Medical, Dental and Vision Insurance

Company-Provided Life Insurance

Matching 401(k) Retirement Plan

Annual Bonus

Paid Parental Leave

Job summary

Arthrex in Santa Barbara, CA seeks a New Product Development & Sourcing Buyer I to manage materials for prototypes and production, coordinating with Engineering, Suppliers, Quality and Manufacturing. The role negotiates contracts, terms, and supplier selections, tracks RFQ/RFP processes, and supports cost reduction initiatives while ensuring supply continuity for new product launches.

Bachelor’s degree and 1–2 years in inventory or manufacturing context preferred, with strong negotiation and MS

Qualifications

• A Bachelor’s degree is required.
• Experience with inventory management or manufacturing is preferred.
• Ability to read engineering drawings and BOMs.

Responsibilities

• Manage procurement for prototype and production materials across Engineering, Suppliers, Quality and Manufacturing.
• Collaborate with Project/Program Management on development projects and supplier oversight.
• Monitor market conditions; identify potential suppliers and manage RFQ/RFP processes.
• Negotiate pricing, terms, and delivery to ensure supply continuity and cost control.
• Set up new Part Numbers in the MRP system and manage forecasting for inventory and orders.
• Support supplier quality and change management activities in coordination with stakeholders.

Skills

Negotiation

Project management

Analytical skills

Reading engineering drawings

MS Office

Supply chain knowledge

Education

Bachelor's Degree

Tools

ERP/MRP

MS Office

Job description

Arthrex is a global medical device company and a leader in new product development and medical education in orthopedics. As a New Product Development & Sourcing Buyer I this role will manage activities involved with new product development and sourcing, resulting in contracting terms, and purchasing material from existing partners or new suppliers. Join our talented team at a global medical device company focused on Helping Surgeons Treat Their Patients Better™.

Requisition ID: 67266Title:New Product Development & Sourcing Buyer ISalary Range:Salary Minimum: $69,000.00Salary Maximum: $92,000.00

Essential Duties And Responsibilities

• Manage the procurement process for prototype and production materials, acting as the key liaison between Engineering, Suppliers, Quality and Manufacturing.
• Work closely with Project and Program Management teams, on multiple development projects, including timelines, meetings, and project events while providing communication and oversight to suppliers.
• Monitor market conditions and trends to make informed business decisions.
• Research and identify potential new suppliers, including possible onsite reviews. Manage Request for Quote (RFQ) and Request for Proposal (RFP) processes.
• Negotiate pricing, payment terms, and delivery schedules to achieve supply chain continuity and stabilized cost.
• Distributes Engineering Change Requests, Supplier Process Changes, to support the Quality system, between Arthrex’s stakeholders and suppliers.
• Set up new Part Numbers in the MRP system, including planning and delivery parameters, logistics and commercial conditions.
• Manage MRP and new project forecasting reports for inventory and non-inventory planning and order execution.
• Ensure ramp-up and limit back-orders of all assigned for new products releases.
• Maintain material cost projections, ensure adherence to budgets, and identify future cost reduction or cost avoidance opportunities.
• Negotiate contractual terms including NDAs, Development Agreements, Supply Agreements, and SOWs with new and existing Arthrex partners.
• Manage Logistic, Duties, and Tariff conditions with suppliers importing to the US.

Knowledge

• Basic MRP/ERP knowledge preferred.
• Knowledge of materials management, regulations, procedures, and Logistics.
• Ability to read/interpret engineering drawings and bills of materials (BOMs).
• Intermediate level for negotiation, project management, and analytical skills.
• Microsoft Office knowledge preferred (Office, Word, Outlook).
• Good numerical, analytical skills preferred.

Reasoning Ability

• Evaluating supplier proposals, and determining Total Cost of Ownership (TCO).
• Identifying root causes for supply chain disruptions, logistical delays, or quality issues.
• Analyzes and documents inventory management issues using independent judgment.

Discretion/Latitude

• Work is performed under general supervision. Follows specific, detailed instructions.

Skills/Abilities

• Basic knowledge of inventory management and control concepts.
• Moderate knowledge of MS Office required.
• Ability to operate ERP/MRP main functions.
• Thorough knowledge of production and manufacturing flow.
• Intermediate ability to negotiate with suppliers to secure favorable pricing, volume discounts, and optimal contract terms.
• Must have the ability to perform tasks by reading, understanding, and following work instructions/documents provided.
• Knowledge of raw materials, production processes, quality control and other techniques for manufacturing products.

Experience/Education

• Bachelor’s Degree required.
• 2 year’s inventory management and control experience required.
• 1 year manufacturing environment experience required.
• 1-year regulated industry experience preferred.
• 1-year medical device industry experience preferred.

Arthrex Benefits

• Medical, Dental and Vision Insurance
• Company-Provided Life Insurance
• Voluntary Life Insurance
• Flexible Spending Account (FSA)
• Supplemental Insurance Plans (Accident, Cancer, Hospital, Critical Illness)
• Matching 401(k) Retirement Plan
• Annual Bonus
• Wellness Incentive Program
• Free Onsite Lunch
• Gym Reimbursement Program
• Tuition Reimbursement Program
• Trip of a Lifetime
• Paid Parental Leave
• Paid Time Off
• Paid Sick Leave
• Volunteer PTO
• Employee Assistance Provider (EAP)

All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other status protected by law.