Director, Strategic Sourcing (Commercial)

Vertex Pharmaceuticals • Boston, MA

9d • Hybrid

About The Position

As a key leader within the Strategic Sourcing function, the individual will be tasked with managing and formulating strategies for Marketing categories to facilitate and enhance commercialization across various disease areas and regions. This role encompasses the oversight of the category life cycle, which includes the development and implementation of multi-year sourcing strategies, in addition to the ongoing management of strategic supplier relationships and performance evaluation. In partnership with Business Units and Finance, this position will be tasked with setting category objectives and will assume complete responsibility for their implementation. You will assist in the ongoing management of essential strategic suppliers to promote continuous improvement, address complex challenges, and uncover new opportunities that deliver outstanding value to Vertex and, ultimately, our patients. You embody a commitment to lifelong learning, demonstrating a strong sense of curiosity and adaptability, while consistently seeking to broaden your expertise beyond your immediate remit as part of your personal development. This position is highly visible throughout the organization and you are a leader who is comfortable, adept and effectively communicates with Senior Executive leaders. 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. The role is global and will require some travel to all other facilities and locations (including London) to establish / maintain key business stakeholder relationships.

Requirements

• 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.

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

Benefits

• medical, dental and vision benefits
• 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)
• annual bonus
• annual equity awards

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees