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Planner/Buyer

Cosette Pharmaceuticals, Inc. is a US-based, fully integrated pharmaceutical company with capabilities in product development, manufacturing, and commercial operations.  Cosette has a fast-growing portfolio of branded pharmaceuticals consisting of products in the cardiology, women's health, and migraine markets. Cosette has a long history in quality manufacturing of complex dosage forms including topical creams, ointments, oral liquids/solutions and suppositories, which has led to consistent supply to customers and commercialization success.  Cosette has corporate and manufacturing facilities in New Jersey and North Carolina and is supported by more than 300 dedicated employees across all functional areas. 

Innovating every day.™

Basic Purpose: 
Source and procure raw materials and components (inventory) in support of production requirements
Essential Functions and Responsibilities 
  • Using ERP system - Materials Requirements Planning for assigned commodities identify supply gaps. Determine net requirements and generate the required supply requirement.  Schedule input of raw materials to appropriate inventory control levels and based upon pre-established targets.  Alert operations of potential material shortages that would impact production schedule and develop contingency plans.   
  • Convert supply requisitions to purchase orders.  Confirm orders with vendors.  Apply associated purchasing specifications to orders as appropriate.  Manage artwork files and current revisions as necessary.
  • Negotiate prices with current vendors and seek out alternate vendors as required.  Assist Accounts Payable in the resolution of invoicing discrepancies.  Manage “use-ups” driven by artwork or formula changes.  Processes discard requests as necessary in a timely manner.
  • Perform purchase plan forecasts as required by vendors.  Set up meetings and conference calls as appropriate.  Monitor vendor performance and establish action plans to improve as required. Act as liaison between the vendor and QA/QC as necessary.
  • Identify new sources either as a result of a vendor issue or to reduce cost.  Initiate the required change controls and track the project as required.
  • Prepare annual budget for assigned commodities to establish standard cost for the coming year.
  • Perform required ERP maintenance.  Develop and maintain the daily short term production schedule.  Execute schedule changes as necessary. 
  • Evaluate inventory levels to determine what can be transferred from the Lincolnton facility to the offsite warehouse.
  • Identify the need for production materials to be transferred from the offsite warehouse to the Lincolnton facility.
  • Coordinate with warehouse personnel to have items shipped to and from the offsite warehouse in an appropriate time frame.
  • Collaborate with the warehouse to reconcile inventory levels noted between the offsite warehouse and the Lincolnton facility.
  • Ensure production is uninhibited by the need for materials to be delivered from the offsite warehouse.
  • Other duties as assigned by management.
 
Knowledge, Skills, Qualifications and Physical Requirements
The following describes the general knowledge, skills, qualifications and physical requirements normally associated with performing the essential functions of this job.  In compliance with law Cosette Laboratories will consider varying or modifying these standards to provide individuals with disabilities an equal employment opportunity. 
 
Education/Training/Work Experience
  • High School Diploma or equivalent. AA degree preferred, 2 yrs related experience in a materials organization (manufacturing experience preferred).
  • Must have computer experience, be proficient in math, and have excellent written and verbal communication skills.
  • Self motivated, detail oriented, work under pressure, and have excellent interpersonal skills.
 
Specialized Knowledge and Skills
  • Accuracy
  • Ability to operate with a minimum of supervision
 
Equipment and Applications
  • PC
  • Oracle 
Work Environment and Physical Demands (List required PPE’s)
  • Ability to occasionally lift up to 50 pounds. 

Average salary estimate

$60000 / YEARLY (est.)
min
max
$50000K
$70000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Planner/Buyer, Cosette Pharmaceuticals Inc.

Are you ready to join a thriving team at Cosette Pharmaceuticals, Inc. as a Planner/Buyer? In this exciting role, you'll be at the heart of sourcing and procuring raw materials and components to support our production requirements. With our rich history in quality manufacturing and a fast-growing portfolio in cardiology and women's health, your skills will help maintain our reputation for excellence. You’ll leverage our ERP system to identify supply gaps and determine net requirements, ensuring our production runs smoothly without interruption. Engaging with vendors, you’ll negotiate prices and confirm orders while also managing any artwork revisions necessary. Not only will you work under pressure, but you'll also be encouraged to innovate as you collaborate with cross-functional teams and track vendor performance. We're looking for someone who is detail-oriented and motivated with a knack for problem-solving. If you have a high school diploma or equivalent and a couple of years of experience in materials organization, or even better, in manufacturing, we want to hear from you. Come help us innovate every day at Cosette Pharmaceuticals, where your contributions will make a real impact in the pharmaceutical industry!

Frequently Asked Questions (FAQs) for Planner/Buyer Role at Cosette Pharmaceuticals Inc.
What are the responsibilities of a Planner/Buyer at Cosette Pharmaceuticals, Inc.?

As a Planner/Buyer at Cosette Pharmaceuticals, Inc., you will be responsible for sourcing and procuring raw materials and components, identifying supply gaps using ERP systems, and ensuring that production requirements are met. You will also manage purchase orders, negotiate prices with vendors, and perform inventory evaluations to maintain supply levels.

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What qualifications are needed to be a Planner/Buyer at Cosette Pharmaceuticals?

To be considered for the Planner/Buyer position at Cosette Pharmaceuticals, candidates should have at least a high school diploma, although an AA degree is preferred. Additionally, two years of related experience in a materials organization or manufacturing is preferred, along with proficiency in math and excellent communication skills.

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How does a Planner/Buyer at Cosette Pharmaceuticals manage vendor relationships?

In the role of Planner/Buyer at Cosette Pharmaceuticals, you will act as a liaison between vendors and the company, monitoring their performance and negotiating prices. You’ll need to establish action plans to tackle any vendor issues that may arise, ensuring that the production schedule is not impacted.

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What software and tools does a Planner/Buyer use at Cosette Pharmaceuticals?

As a Planner/Buyer at Cosette Pharmaceuticals, you'll primarily use an ERP system like Oracle for materials requirements planning. Skills in computer proficiency are crucial for tracking inventory levels, managing purchase orders, and performing necessary ERP maintenance.

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What skills are essential for a Planner/Buyer role at Cosette Pharmaceuticals?

Essential skills for a Planner/Buyer at Cosette Pharmaceuticals include attention to detail, strong negotiation abilities, proficiency in math, and outstanding written and verbal communication. The ability to work under pressure and maintain accuracy in a dynamic environment is also critical.

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Common Interview Questions for Planner/Buyer
Can you explain your experience with ERP systems in your role as a Planner/Buyer?

When answering this question, be specific about how you've used ERP systems in past roles to track inventory levels, manage purchasing, and ensure timely procurement. Mention any specific systems you've worked with, like Oracle, and highlight your ability to utilize these systems effectively.

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How do you approach vendor negotiations as a Planner/Buyer?

Discuss your strategies for successful negotiations, such as researching market rates, building relationships with vendors, and understanding both parties’ needs. It's beneficial to cite specific examples that demonstrate your negotiation success.

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Describe how you ensure that production schedules are not disrupted by material shortages.

Explain your processes for anticipating and identifying supply gaps, communicating proactively with operations, and developing contingency plans to address potential shortages. Provide an example of a time when you successfully managed a supply issue to ensure smooth production.

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What methods do you use to evaluate vendor performance?

Outline the criteria you believe are important for vendor evaluation—such as cost, quality of materials, delivery timelines, and communication. Mention tools or metrics you use to assess vendor effectiveness and how you incorporate feedback into action plans.

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How do you maintain accuracy in your inventory records?

Share the techniques you use to ensure accurate inventory management, like regular audits, reconciliation processes, and the use of technological tools to track inventory levels in real-time.

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Can you give an example of how you've resolved an invoicing discrepancy?

Provide a detailed example of a past situation where you encountered an invoicing issue and elaborate on the steps you took to resolve it, ensuring to highlight your communication skills and perseverance.

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What challenges have you faced in managing multiple suppliers or commodities?

Discuss specific challenges you've encountered, such as conflicting delivery schedules or quality issues, and explain how you prioritized tasks and managed relationships to overcome these difficulties.

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How do you stay current on trends in the pharmaceutical procurement field?

Talk about the resources you utilize to keep informed, such as industry publications, networking with professionals in your field, or attending relevant workshops and seminars.

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What strategies do you have for reducing procurement costs?

Highlight your ability to identify cost-saving opportunities, such as negotiating better terms with suppliers, exploring alternative vendors, and leveraging bulk purchasing agreements.

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Describe a time you had to coordinate between various departments to ensure timely procurement.

Use this opportunity to demonstrate your teamwork and collaboration skills. Provide a narrative of how you communicated effectively with different departments, such as QA/QC and warehouse personnel, to meet production objectives.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 23, 2025

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