Benefits:
Competitive salary
Health insurance
Paid time off
Position Summary
The Procurement & Inventory Specialist plays a critical role in supporting CAREX’s operational and production capabilities by ensuring the timely and cost-effective sourcing, delivery, and management of materials required for our medical workstation product line. This individual will be responsible for overseeing end-to-end procurement activities, inventory control, and vendor relationships to ensure consistent material availability and supply chain efficiency. As a key contributor to CAREX’s growth, this role ensures that materials availability aligns with our current production schedules and future scaling plans, minimizing downtime and maximizing fulfillment capacity.
Key Responsibilities
Identify, source, and procure high-quality components, parts, and materials for medical workstation assembly.
Negotiate pricing, terms, and lead times with vendors to ensure cost-effectiveness and reliability.
Monitor and manage purchase orders, ensuring timely delivery and fulfillment.
Evaluate alternate suppliers for risk mitigation, innovation, and cost savings.
Develop and maintain accurate inventory systems to track raw materials, subassemblies, and finished goods.
Implement stock-level controls to avoid shortages or excess holding.
Conduct regular cycle counts and inventory audits to ensure accuracy and accountability.
Collaborate with assembly and logistics teams to maintain material flow and identify supply constraints early.
Build and maintain strong relationships with key suppliers and service providers.
Monitor vendor performance, delivery reliability, and quality metrics.
Resolve vendor issues, manage returns and non-conforming goods, and escalate concerns when needed.
Support the onboarding of new vendors as the company grows.
Forecast material needs in alignment with production planning and demand growth.
Track procurement KPIs such as cost savings, lead times, stockouts, and vendor performance.
Participate in cross-functional planning and support continuous improvement efforts in the supply chain.
Support compliance with industry standards and regulatory requirements related to medical equipment components
Qualifications & Experience
5-7+ years of experience in procurement, supply chain, or materials management (medical device or electronics industry preferred)
Strong understanding of sourcing strategies, vendor negotiations, and inventory control methods
Proficiency in inventory management systems and procurement software (ERP experience preferred)
Excellent organizational and communication skills
Strong analytical and problem-solving abilities
Bachelor’s degree in Supply Chain Management, Business, Engineering, or related field (or equivalent experience)
Physical & Working Conditions:
Hybrid role: split between office and production/warehouse environments
Extended periods of sitting
Standing and walking
Occasional lifting (up to 25 lbs)
Coordination with assembly teams and inventory inspection
Occasional travel (less than 10%) to vendor or logistics sites
Exposure to varying temperatures and noise levels