Strategic Sourcing, Senior Manager at Vertex Pharmaceuticals
Boston, Massachusetts, USA -
Full Time


Start Date

Immediate

Expiry Date

07 Sep, 25

Salary

195600.0

Posted On

08 Jun, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Collaboration, Performance Management, Business Intelligence, Finance, Negotiation, Tableau, Power Bi, Strategic Sourcing, Suppliers, Data Analysis, Communication Skills, Contract Law, Stakeholder Management, Teams, Microsoft Office

Industry

Logistics/Procurement

Description

GENERAL SUMMARY:

As the Strategic Sourcing Manufacturing & Supply Senior Manager , you will be a part of a fast-growing and innovative organization at the company’s world headquarters in Boston, MA. The d epartment is committed to a trusting and collaborative culture where we value growth and development. We engage proactively with our stakeholders to truly understand their needs and deliver results for our company and for patients. If you are looking for an entrepreneurial, hands-on, team-oriented environment where you can have a big impact , then this is the right place for you!
Execution responsibilities include leading category management activities for Small Molecules focusing on Raw materials and API . Includes market analysis and due-diligence , RFx development, negotiation, competitive price and cost analysis, financial analysis and long-term planning, contract development and on-going supplier management and risk management. Additional focus on optimization of internal sourcing processes, workflows and interfaces in effort to reduce time of delivery and costs in support corporate objectives and industry best practices.
This position is based in our Boston, MA office, located in the Seaport area. This role requires a hybrid work schedule: 3 days in office & 2 days remote on a weekly basis. Th is role will require some travel to other facilities to establish / maintain key business stakeholder and supplier relationships as well as to support specific strategic initiatives.

Knowledge and Skills :

  • Deep understanding of Category Management within specific areas of expertise; able to manage and drive all aspects of Strategic Sourcing including strategy development, RFx execution, negotiation, contract execution, supplier performance management, and business stakeholder management.
  • Expertise in supplier negotiations and supplier management activities.
  • Strong analytical capabilities (data analysis and benchmarking research); expertise working with data analytical/reporting tools such as Power BI, Tableau, etc. Able to generate necessary data and reports to support their activities.
  • Strong project management and organizational skills .
  • Able to lead teams in collaborative manner to drive successful outcomes. Collaboration extends beyond Business Partners and suppliers to include other functional areas including Legal, Compliance, Finance and more.
  • Strong written and verbal communication skills; abi lity to clearly articulate opinions in concise and persuasive manner. Comfortable with public speaking with various audience levels, including Sr. Management .
  • Strong knowledge and understanding of contract law, including all terms and conditions; seen as a trusted partner from Legal colleagues to provide valuable insight t o potential risks across all types of a greements ( i.e. C DAs, MSAs, etc ).
  • Ability to work in collaborative, team environment; ability to cultivate and maintain effective business partner relationships through earned respect and trust
  • Proficient in Microsoft Office, strong knowledge of ERP systems, and related e-Sourcing tools, including business intelligence and reporting platforms

Qualifications :

  • Minimum of 6 years of experience in strategic sourcing, procurement, or supply chain management, with a focus on API or Chemicals / Intermediates sourcing within the pharmaceutical, biologic or cell and gene industry.
  • Bachelor’s degree in scientific , engineering or a related field.
  • Proven track record of negotiating contracts, managing supplier relationships, and driving cost savings initiatives
Responsibilities
  • B usiness P artnering – develop strong, trusting , and influential relationships with stakeholders, understand business objectives , bring supplier and marketplace expertise , collaborate on multi-year strategic and operational plans, and drive business outcomes.
  • Global Category Management – API chemicals and i ntermediate category SME - in cluding the development and management of category and sourcing strategies, management of strategic supplier relationship and performance management, in addition to tactical RFx activities.
  • Sourcing Strategy Development – Co-d evelop and implement sourcing strategies with the business unit to enable development and commercialization of small molecule portfolio . This includes identifying and selecting suppliers , negotiating contracts, influence n etwork strategy and managing supplier relationships.
  • Supplier Management – Cultivate relationships with key CDMO/suppliers to ensure timely delivery of high-quality materials and services. Collaborate with suppliers to identify opportunities for risk mitigation , build resilience , cost savings, process improvements, and innovation. Build and partner with external manufacturing organization to maintain the relevant governance with the suppliers .
  • Risk M itigation - Assess and mitigate risks associated with the supply chain for cell and gene therapy products. Proactively identify potential disruptions and develop contingency plans to ensure continuity of supply.
  • Market Analysis - Stay informed about market trends, supplier capabilities, and emerging technologies related to raw materials for cell and gene therapy manufacturing. Conduct market analysis and supplier assessments to identify new opportunities and risks.
  • Continuous Improvement - Implement continuous improvement initiatives to streamline sourcing processes, enhance efficiency, and drive operational excellence. Leverage data analytics and performance metrics to monitor supplier performance and identify areas for improvement.
  • Continuous Improvement - I mplement continuous improvement initiatives to streamline sourcing processes, enhance efficiency, and drive operational excellence. Leverage data analytics and performance metrics to monitor supplier performance and identify areas for improvement.
  • Financials – Support annual budget process. Provide cost guidance to inform to LRP (Long term planning) . E valuate Bill o f M aterial (BOM s ) and understand total COGs to identify o pportunities and risks .

Knowledge and Skills :

  • Deep understanding of Category Management within specific areas of expertise; able to manage and drive all aspects of Strategic Sourcing including strategy development, RFx execution, negotiation, contract execution, supplier performance management, and business stakeholder management.
  • Expertise in supplier negotiations and supplier management activities.
  • Strong analytical capabilities (data analysis and benchmarking research); expertise working with data analytical/reporting tools such as Power BI, Tableau, etc. Able to generate necessary data and reports to support their activities.
  • Strong project management and organizational skills .
  • Able to lead teams in collaborative manner to drive successful outcomes. Collaboration extends beyond Business Partners and suppliers to include other functional areas including Legal, Compliance, Finance and more.
  • Strong written and verbal communication skills; abi lity to clearly articulate opinions in concise and persuasive manner. Comfortable with public speaking with various audience levels, including Sr. Management .
  • Strong knowledge and understanding of contract law, including all terms and conditions; seen as a trusted partner from Legal colleagues to provide valuable insight t o potential risks across all types of a greements ( i.e. C DAs, MSAs, etc ).
  • Ability to work in collaborative, team environment; ability to cultivate and maintain effective business partner relationships through earned respect and trust
  • Proficient in Microsoft Office, strong knowledge of ERP systems, and related e-Sourcing tools, including business intelligence and reporting platforms.

Qualifications :

  • Minimum of 6 years of experience in strategic sourcing, procurement, or supply chain management, with a focus on API or Chemicals / Intermediates sourcing within the pharmaceutical, biologic or cell and gene industry.
  • Bachelor’s degree in scientific , engineering or a related field.
  • Proven track record of negotiating contracts, managing supplier relationships, and driving cost savings initiatives.
Loading...