Tyler Bailey

Background

About Tyler Bailey

I’m a Buyer with extensive experience in procurement and supply chain management. In my role, I oversee the purchasing of analytical materials, including chemicals, reagents, and lab equipment, from life science vendors and instrument suppliers to support R&D, early development, stability, microbiology, and biologics lab operations. I manage the end-to-end procurement process, ensuring timely acquisition of goods and services for lab scientists, analysts, and various support groups while optimizing indirect purchasing needs. My daily responsibilities include issuing purchase orders (POs), verifying pricing accuracy against negotiated contracts, resolving discrepancies with suppliers, and driving cost-saving initiatives. I collaborate with vendors on forecasting and demand planning to ensure uninterrupted supply, enabling labs to meet critical deadlines. By analyzing key procurement metrics—such as supplier quality, on-time delivery, purchase price variance (PPV), lead times, and invoice-to-payment cycles—I monitor performance, identify improvement opportunities, and align purchasing activities with organizational goals. I proactively recommend process enhancements to management, including the strategic use of blanket POs to streamline operations, reduce downtime, and mitigate supply risks. I establish and maintain quality and quantity standards through regular reviews, audits, and compliance reporting. Additionally, I support cross-functional teams by onboarding new vendors, managing documentation, and facilitating payment processes. My focus on continuous improvement drives efficiency, enhances supplier relationships, and maximizes service delivery across the procurement function.