Strategic Sourcing Manager (Contract)

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

Job summary

Vertex Pharmaceuticals LLC in Boston, MA is seeking a Manager, Strategic Sourcing to lead strategic sourcing initiatives across a broad portfolio of commercial services. You will independently manage sourcing events, negotiate commercial agreements, and build strong relationships with stakeholders in a fast-paced pharmaceutical environment.

The ideal candidate will collaborate with Procurement, Legal, Finance and Commercial leaders to ensure continuity of critical initiatives during a FTE leave

Qualifications

• Bachelor’s degree in a relevant field.
• 5+ 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.
• Monitor supplier performance, risks and continuous improvement opportunities.
• Partner with business stakeholders to resolve supplier issues.
• Track sourcing pipeline and realize savings.

Skills

Strategic sourcing

Sourcing events

Contract negotiation

Supplier management

Executive communication

Multi-project management

Education

Bachelor’s degree

Tools

Coupa

iCertis

Ariba

Job description

Job Description

Position Summary:

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:

Experience supporting one or more of the following categories is preferred:

• Creative Agencies
• Media
• Market Access
• PR/Corporate Comms

Qualifications:

• Bachelor’s degree
• 5+ 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

$71.00 - $78.00 Per Hour

Requisition Disclaimer

This job posting is for a temporary role with a third-party agency partner on assignment at Vertex Pharmaceuticals(“Vertex”). The individual selected for this role will be offered the role as an employee of a third- party agency partner; compensation, medical benefits, fringe benefits and other terms and conditions of employment shall be presented by the third-party agency partner upon offer. The pay rate range provided is a reasonable estimate of the anticipated compensation range for this job at the time of posting. The actual pay rate will be based on a number of factors, including skills, competencies, experience, location and/or being pursued and other job-related factors permitted by law. In addition, this role will be eligible for overtime pay, in accordance with federal and state requirements

No C2C or Third-Party Vendors