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Director, Strategic Sourcing (Commercial)
Director, Strategic Sourcing (Commercial)Vertex Pharmaceuticals • Boston, MA, US
Director, Strategic Sourcing (Commercial)

Director, Strategic Sourcing (Commercial)

Vertex Pharmaceuticals • Boston, MA, US
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Overview Director, Strategic Sourcing (Commercial) role at Vertex Pharmaceuticals. The role leads Marketing category sourcing strategies to facilitate and enhance commercialization across disease areas and regions. It oversees the category lifecycle, including the development and implementation of multi-year sourcing strategies, and ongoing management of strategic supplier relationships and performance evaluation. In partnership with Business Units and Finance, this position sets category objectives and is responsible for their implementation. You will help manage essential strategic suppliers to promote continuous improvement, address complex challenges, and uncover opportunities that deliver value to Vertex and to patients. This position is highly visible and requires effective communication with Senior Executive leaders. The work location is Boston, MA (Seaport). The role follows a hybrid schedule : 3 days in office and 2 days remote weekly. The role is global and may require travel to facilities and locations including London to maintain key stakeholder relationships.

Key Responsibilities Strong business partnering acumen to develop trusting and influential relationships with stakeholders, understand business objectives and challenges, bring supplier and marketplace expertise, collaborate on multi-year strategic and operational plans, and drive business outcomes.

Develop, implement, monitor and maintain category strategies in partnership with Business stakeholders for all related sub-categories, including continuous refreshment and improvement of category strategies to meet evolving business needs

Own the Supplier Performance / Relationship Management process including supplier performance monitoring. Responsible for meeting preparation, pre-read documents, performance dashboards, capturing action items, and ensuring appropriate follow-up including Executive Business Reviews

In collaboration with the Business, responsible for defining Key Performance Indicators (KPIs) and associated performance metrics and are integrated into contractual documents and captured on Dashboards to ensure supplier performance is meeting expectations and continuously improving

Support the Business Owner with identification of all applicable risks as part of the Sourcing process, including coordination with Risk Subject Matter Experts to properly assess and develop mitigation plans, where necessary

Manages complex negotiations on price and terms, that often include other internal stakeholders such as Business Partners and Legal. Able to independently create comprehensive negotiation planners that all internal parties are aligned with upfront

Acts as mentor to support Sourcing colleagues, temporary workers, and / or college co-ops, as directed by their manager

Qualifications Bachelor's Degree and MBA required

10+ years of strategic sourcing experience including relevant Marketing Procurement experience

Good understanding of the nuances associated with a regulated environment

AI-ready mindset, passionate individual about AI opportunities and overall impact in Services area

Embody a Can-Do- Mindset, thriving in ambiguity, while building bridges thanks to innovative solutions

Strong analytical capabilities | Project management skills | Good communication and presentation skills, able to clearly articulate opinions in concise and persuasive manner

Excellent communication and organizational skills. Comfortable interfacing and presenting to senior leadership in a concise, well-planned manner.

Pay Range $175,200 - $262,800

Disclosure Statement The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law.

At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations. From medical, dental and vision benefits to generous paid time off (including a week-long company shutdown in the Summer and the Winter), educational assistance programs including student loan repayment, a generous commuting subsidy, matching charitable donations, 401(k) and so much more.

Flex Designation Hybrid-Eligible Or On-Site Eligible

Flex Eligibility Status Hybrid : work remotely up to two days per week; or select

On-Site : work five days per week on-site with ad hoc flexibility.

Note : The Flex status for this position is subject to Vertex's Policy on Flex @ Vertex Program and may be changed at any time.

Company Information Vertex is a global biotechnology company that invests in scientific innovation.

Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

If accommodation is needed in connection with the hiring process and / or to perform the essential functions of the position, please contact the recruiter or hiring manager, or Talent Acquisition at ApplicationAssistance@vrtx.com.

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Director Strategic Sourcing • Boston, MA, US

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