Buyer

About this role

At RayzeBio, every day is an opportunity to ignite meaningful change. As a wholly-owned subsidiary of Bristol Myers Squibb, RayzeBio blends the nimble, pioneering spirit of an emergent biotech with the global expertise and resources of a leading innovator in oncology. Our mission is to develop transformative radiopharmaceutical therapies that offer new hope for patients living with cancer. Here, you’ll join a multidisciplinary team where your ideas are valued, your expertise is amplified, and collaboration is at the heart of everything we do. From day one, expect to make an immediate impact—on our science, on our teams, and most importantly, on patients. Learn more about RayzeBio: https://careers.bms.com/rayzebio/

Summary The Buyer position is responsible for sourcing, assisting with negotiating, and purchasing raw materials, packaging, and other supplies essential to the production of pharmaceutical products. This role ensures the timely availability of direct and indirect materials, compliance with industry regulations, and effective cost management to support uninterrupted manufacturing operations, facility maintenance, and capital projects.

Job Responsibilities Essential duties and responsibilities include the following.  Other duties may be assigned. • Source and assist with the evaluation and selection of suppliers for Direct Materials (raw materials, active pharmaceutical ingredients (APIs), excipients, and packaging materials, etc.) and/or Indirect Materials (Lab supplies, facility maintenance parts, can items related to capital projects). • Negotiate prices, terms and opportunities to reduce costs and assist with supplier contracts to achieve the best value and maintain long-term supplier relationships. • Place and manage purchase orders, including the triage of any discrepancies, ensuring timely delivery to meet production schedules while maintaining good supplier relationships. • Owns and maintains SAP master data • Monitors vendor performance, issues periodic reports, and takes corrective action as per current standard operating procedures (SOPs) and standard current good manufacturing practice (cGMP) guidance. • Collaborate with Quality Assurance, Production, and Regulatory teams to ensure all purchased materials meet required standards and regulatory requirements (e.g., FDA, cGMP). • Collaborate across the enterprise to monitor usage rates and to analyze and adjust safety stock levels to optimize material flow. • Maintain accurate records of purchases, pricing, and inventory levels using ERP or procurement systems.  Report on current and future status of product supply for existing products. • Assist in identifying cost-saving opportunities and support continuous improvement initiatives in the supply chain.

Education and Experience • Bachelor’s degree in Supply Chain Management, Engineering, Business, or related field or 5+ years of progressive experience in supply chain/procurement management within biotech, pharma, or comparable industries. • Demonstrated experience in procurement, materials management, and supplier relationship management.

Skills and Qualifications • Strong analytical, strategic, and problem-solving skills. • Excellent communication and stakeholder management abilities. • Deep understanding of regulatory requirements (cGMP, GDP, FDA). • Experience with S&OP, demand planning, and supply chain optimization. • Ability to work in a matrix environment and influence senior leaders. • Proficiency in supply chain management methodologies and tools. • Familiarity with vendor management, contract negotiation, and cost control processes. • Uses AI tools to enhance individual productivity and quality of work

Physical Demands • Regular interaction within office, warehouse, and manufacturing environments, with PPE required in certain areas.

Work Environment • Moderate noise levels. • Exposure to manufacturing, laboratory, and logistics environments.

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If you come across a role that intrigues you but doesn’t perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

Compensation Overview:

Indianapolis - RayzeBio - IN: $96,148 - $116,508
 The starting compensation range(s) for this role are listed above for a full-time employee (FTE) basis. Additional incentive cash and stock opportunities (based on eligibility) may be available. The starting pay rate takes into account characteristics of the job, such as required skills, where the job is performed, the employee’s work schedule, job-related knowledge, and experience. Final, individual compensation will be decided based on demonstrated experience. 

Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit https://careers.bms.com/life-at-bms/.   Benefit offerings are subject to the terms and conditions of the applicable plans in effect at the time and may require enrollment. Our benefits include: • Health Coverage: Medical, pharmacy, dental, and vision care.

• Wellbeing Support: Programs such as BMS Well-Being Account, BMS Living Life Better, and Employee Assistance Programs (EAP).

• Financial Well-being and Protection: 401(k) plan, short- and long-term disability, life insurance, accident insurance, supplemental health insurance, business travel protection, personal liability protection, identity theft benefit, legal support, and survivor support.

​ Work-life benefits include: Paid Time Off • US Exempt Employees: flexible time off (unlimited, with manager approval, 11 paid national holidays (not applicable to employees in Phoenix, AZ, Puerto Rico or Rayzebio employees)

• Phoenix, AZ, Puerto Rico and Rayzebio Exempt, Non-Exempt, Hourly Employees: 160 hours annual paid vacation for new hires with manager approval, 11 national holidays, and 3 optional holidays

Based on eligibility*, additional time off for employees may include un

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