Pharmaceutical (Commercial) Procurement & Strategic Sourcing Manager (Contract) 655.1

Vertex Pharmaceuticals Incorporated; Boston (MA); On-site; USD 98,000 - 107,000; Full time

Job summary

Vertex Pharmaceuticals Incorporated is seeking a Manager, Strategic Sourcing to lead end-to-end sourcing initiatives, negotiate contracts, and manage supplier relationships across a broad portfolio of commercial services. The role partners with Legal, Finance, Procurement, and Commercial leaders to ensure continuity of critical initiatives during leaves or vacancies.

The ideal candidate will independently manage complex sourcing events, build strong stakeholder relationships, and drive cost

Qualifications

• Bachelor's degree required.
• 7-10 years of strategic sourcing, procurement or category management experience.
• Experience leading complex sourcing events.
• Strong contract negotiation experience.
• Experience managing supplier relationships.
• Excellent executive communication skills.
• Ability to manage multiple complex initiatives simultaneously.

Responsibilities

• Lead end-to-end sourcing initiatives from intake to contract execution.
• Develop sourcing strategies aligned with business objectives.
• Conduct market assessments and supplier evaluations.
• Manage competitive RFP, RFIs, and RFQs.
• Prepare executive recommendation materials.

Skills

Strategic sourcing

Contract negotiation

Supplier management

Executive communication

Project management

Education

Bachelor's degree

Tools

Coupa

iCertis

Ariba

Job description

Job Description

The Manager, Strategic Sourcing, will support Vertex's Commercial organization by leading strategic sourcing initiatives, supplier management, and contract negotiations across a broad portfolio of commercial services. This role will be partnering closely with Procurement, Legal, Finance and the Commercial business leaders to ensure continuity of critical initiatives during a FTEs leave of absence.

The ideal candidate is an experienced strategic sourcing professional who can independently manage complex sourcing events, negotiate commercial agreements, and build trusted relationships with stakeholders in a fast-paced pharmaceutical environment.

Key Responsibilities:

• Lead end-to-end sourcing initiatives from intake to contract execution
• Develop sourcing strategies aligned with business objectives
• Conduct market assessments and supplier evaluations
• Manage competitive RFP, RFIs, and RFQs
• Prepare executive recommendation materials

Supplier Relationship Management:

• Manage strategic supplier relationship across assigned categories
• Support supplier governance meetings and performance reviews
• Monitor supplier performance, risks and continuous improvement opportunities
• Partner with business stakeholders to resolve supplier issues

Contract Negotiation:

• Lead commercial negotiations for SOWs, MSAs, amendments and renewals
• Negotiate pricing, commercial terms, service levels, rebates, liability provision and other contractual terms
• Coordinate with legal, stakeholders and procurement throughout contract execution

Stakeholder Partnership:

• Serve as the primary partner for Commercial stakeholders
• Provide strategic sourcing guidance throughout project planning
• Manage multiple concurrent projects while balancing business priorities
• Influence decision making through data driven recommendations

Financial Management:

• Identify cost savings and value creation opportunities
• Perform pricing analyses and benchmarking
• Develop negotiation strategies to optimize commercial outcomes
• Track sourcing pipeline and realize savings

Cross-Functional Collaboration:

Partner closely with:

• Commercial
• Legal
• Finance
• Third Party Risk Management
• Procurement Operations
• Compliance

Preferred Category Experience:

• Market Research
• Patient Support Services
• Data & Analytics
• Meetings & Events
• Sales Operations
• Field Force Services
• Health Economics and Outcomes Research

Qualifications:

• Bachelor's degree
• 7-10 years of strategic sourcing, procurement or category management experience
• Experience leading complex sourcing events
• Strong Contract negotiation experience
• Experience managing supplier relationships
• Excellent executive communication skills
• Ability to manage multiple complex initiatives simultaneously

Preferred:

• Pharma or biotech industry experience
• Commercial procurement experience
• Familiarity with procurement systems (Coupa, iCertis, Ariba, etc.)

Pay Range

$71-$78/hr

No C2C or Third-Party Vendors