At KLS Martin, we offer a unique opportunity to contribute to the success of a dynamic and thriving company whose products are used daily across the world to help surgical patients.
The KLS Martin Group is a worldwide leader in creating surgical solutions for the craniomaxillofacial and cardiothoracic fields. Surgical innovation is our passion, and we are constantly working with surgeons to improve surgical care for their patients. Our product portfolio includes titanium and resorbable implants for reconstruction, innovative distraction devices to stimulate bone lengthening, over 4,000 surgical instruments, and other surgical products designed specifically for CMF and cardiothoracic surgeons.
KLS Martin is an innovative leader in the treatment of CMF deformities and trauma cases. We use Individual Patient Solutions (IPS) by using our proprietary IPS products where CT scans are used to custom design implants that are created specifically for that individual patient. This technology allows our surgeons to provide the best-in-class treatment for their patients.
KLS Martin Guiding Principles
Established, Privately Held Business Group - Responsive to customers, not shareholders. KLS Martin has manufactured medical products since 1896, and we have sold our products in the United States under the KLS name since 1993. We have always been, and always will be, privately owned.
Patient Focus - We design products with the patient in mind - CMF, Thoracic & Hand
Product to Table - Integrated planning, design, manufacturing and distribution process
Educational Partner - Our primary focus for support is on education
Inventory Alliance - Inventory management is critical to patient treatment/outcome
Surgical Innovation is Our Passion - More than just a tagline
What We Offer
We provide full-time employees with a competitive benefits package, including paid parental leave
In-house training and professional development opportunities
A culture of creativity and innovation by drawing on diverse perspectives and ideas to drive surgical innovation
Job Summary
The Procurement Analyst will play a key role in optimizing the procurement process for corporate support services by analyzing purchasing data, vendor performance, and market trends to ensure cost-effective and efficient procurement solutions. This role will focus on evaluating corporate procurement strategies, supporting vendor negotiations, and identifying opportunities for cost savings and process improvements. The Procurement Analyst will collaborate closely with cross-functional teams to align purchasing strategies with organizational goals and ensure that sourcing decisions meet the company's quality, timing, and cost requirements.
Essential Functions, Duties, and Responsibilities
Data Analysis and Reporting:
Analyze procurement data to identify trends, variances, and opportunities for cost savings and process improvements.
Generate regular reports on purchasing activity, vendor performance and procurement KPIs to support decision-making.
Conduct spend analysis to identify cost drivers, budget variances and sourcing inefficiencies.
Conduct market research to identify shifts in supply chain trends, material pricing, and new suppliers that could impact procurement strategies.
Provide recommendations based on market analysis to support strategic sourcing and vendor management decisions.
Supplier Performance Evaluation:
Monitor and assess supplier performance based on delivery timelines, product and service quality and pricing consistency.
Develop and maintain supplier scorecards to track key metrics and ensure alignment with company standards and expectations.
Support vendor negotiations by providing data-driven insights and recommendations on pricing and contract terms.
Cost Savings and Efficiency Initiatives:
Identify and recommend cost-saving opportunities through the optimization of procurement strategies, vendor selection, and negotiation of better terms.
Evaluate alternative sourcing options, to enhance cost-effectiveness and mitigate supply risks.
Analyze current procurement processes and workflows to identify inefficiencies and areas for improvement.
Collaborate cross-functionally to implement process enhancements that streamline operations and reduce costs.
Supplier Relationship Management:
Support supplier relationship management efforts by providing analysis on supplier reliability, contract performance, and market competitiveness.
Assist in managing vendor relationships to ensure timely delivery, quality assurance, and competitive pricing.
Cross-Functional Collaboration:
Work closely with the finance, supply chain, and operations teams to ensure alignment of procurement strategies with business needs and financial goals.
Assist in budgeting and forecasting efforts related to procurement spend and supplier management.
Compliance and Risk Mitigation:
Ensure procurement activities comply with company policies, industry regulations, and ethical standards.
Monitor supplier risk and develop strategies to mitigate supply chain disruptions or compliance issues.
Qualifications
Educational and Experience Requirements
Bachelor's degree in Accounting, Finance, or a related field required.
Master's level degree in related field and/ or CPA certification preferred.
Proven experience in financial reporting and accounting roles, demonstrating a strong understanding of accounting principles, regulations, and best practices.
Proficiency in corporate accounting and internal controls.
3+ years of experience in a related position preferred.
Proficient use of SAP financial system preferred.
Advanced level knowledge of Microsoft 365 software applications suite
Knowledge, Skills, and Abilities
A visionary mindset focused on process improvement, efficiency, and leveraging technology to automate manual tasks.
Excellent analytical, problem-solving, and critical-thinking skills to identify opportunities and provide innovative solutions.
Effective communication and interpersonal skills to collaborate effectively with cross- functional teams and stakeholders.
Ability to inspire and motivate others, fostering a positive work environment that encourages growth, creativity, and continuous learning.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
KLS Martin is a drug-free employerWho We Are
At KLS Martin, we offer a unique opportunity to contribute to the success of a dynamic and thriving company whose products are used daily across the world to help surgical patients.
The KLS Martin Group is a worldwide leader in creating surgical solutions for the craniomaxillofacial and cardiothoracic fields. Surgical innovation is our passion, and we are constantly working with surgeons to improve surgical care for their patients. Our product portfolio includes titanium and resorbable implants for reconstruction, innovative distraction devices to stimulate bone lengthening, over 4,000 surgical instruments, and other surgical products designed specifically for CMF and cardiothoracic surgeons.
KLS Martin is an innovative leader in the treatment of CMF deformities and trauma cases. We use Individual Patient Solutions (IPS) by using our proprietary IPS products where CT scans are used to custom design implants that are created specifically for that individual patient. This technology allows our surgeons to provide the best-in-class treatment for their patients.
KLS Martin Guiding Principles
Established, Privately Held Business Group - Responsive to customers, not shareholders. KLS Martin has manufactured medical products since 1896, and we have sold our products in the United States under the KLS name since 1993. We have always been, and always will be, privately owned.
Patient Focus - We design products with the patient in mind - CMF, Thoracic & Hand
Product to Table - Integrated planning, design, manufacturing and distribution process
Educational Partner - Our primary focus for support is on education
Inventory Alliance - Inventory management is critical to patient treatment/outcome
Surgical Innovation is Our Passion - More than just a tagline
What We Offer
We provide full-time employees with a competitive benefits package, including paid parental leave
In-house training and professional development opportunities
A culture of creativity and innovation by drawing on diverse perspectives and ideas to drive surgical innovation
Job Summary
The Procurement Analyst will play a key role in optimizing the procurement process for corporate support services by analyzing purchasing data, vendor performance, and market trends to ensure cost-effective and efficient procurement solutions. This role will focus on evaluating corporate procurement strategies, supporting vendor negotiations, and identifying opportunities for cost savings and process improvements. The Procurement Analyst will collaborate closely with cross-functional teams to align purchasing strategies with organizational goals and ensure that sourcing decisions meet the company's quality, timing, and cost requirements.
Essential Functions, Duties, and Responsibilities
Data Analysis and Reporting:
Analyze procurement data to identify trends, variances, and opportunities for cost savings and process improvements.
Generate regular reports on purchasing activity, vendor performance and procurement KPIs to support decision-making.
Conduct spend analysis to identify cost drivers, budget variances and sourcing inefficiencies.
Conduct market research to identify shifts in supply chain trends, material pricing, and new suppliers that could impact procurement strategies.
Provide recommendations based on market analysis to support strategic sourcing and vendor management decisions.
Supplier Performance Evaluation:
Monitor and assess supplier performance based on delivery timelines, product and service quality and pricing consistency.
Develop and maintain supplier scorecards to track key metrics and ensure alignment with company standards and expectations.
Support vendor negotiations by providing data-driven insights and recommendations on pricing and contract terms.
Cost Savings and Efficiency Initiatives:
Identify and recommend cost-saving opportunities through the optimization of procurement strategies, vendor selection, and negotiation of better terms.
Evaluate alternative sourcing options, to enhance cost-effectiveness and mitigate supply risks.
Analyze current procurement processes and workflows to identify inefficiencies and areas for improvement.
Collaborate cross-functionally to implement process enhancements that streamline operations and reduce costs.
Supplier Relationship Management:
Support supplier relationship management efforts by providing analysis on supplier reliability, contract performance, and market competitiveness.
Assist in managing vendor relationships to ensure timely delivery, quality assurance, and competitive pricing.
Cross-Functional Collaboration:
Work closely with the finance, supply chain, and operations teams to ensure alignment of procurement strategies with business needs and financial goals.
Assist in budgeting and forecasting efforts related to procurement spend and supplier management.
Compliance and Risk Mitigation:
Ensure procurement activities comply with company policies, industry regulations, and ethical standards.
Monitor supplier risk and develop strategies to mitigate supply chain disruptions or compliance issues.
Educational and Experience Requirements
Bachelor's degree in Accounting, Finance, or a related field required.
Master's level degree in related field and/ or CPA certification preferred.
Proven experience in financial reporting and accounting roles, demonstrating a strong understanding of accounting principles, regulations, and best practices.
Proficiency in corporate accounting and internal controls.
3+ years of experience in a related position preferred.
Proficient use of SAP financial system preferred.
Advanced level knowledge of Microsoft 365 software applications suite
Knowledge, Skills, and Abilities
A visionary mindset focused on process improvement, efficiency, and leveraging technology to automate manual tasks.
Excellent analytical, problem-solving, and critical-thinking skills to identify opportunities and provide innovative solutions.
Effective communication and interpersonal skills to collaborate effectively with cross- functional teams and stakeholders.
Ability to inspire and motivate others, fostering a positive work environment that encourages growth, creativity, and continuous learning.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
