Procurement & Strategic Sourcing Manager (Contract) 655
About The Position
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.
Requirements
- 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
Nice To Haves
- Pharma or biotech industry experience
- Commercial procurement experience
- Familiarity with procurement systems (Coupa, iCertis, Ariba, etc.)
- Experience supporting one or more of the following categories: Market Research, Patient Support Services, Data & Analytics, Meetings & Events, Sales Operations, Field Force Services, Health Economics and Outcomes Research
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
- 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
- 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
- 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
- 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
- Partner closely with: Commercial, Legal, Finance, Third Party Risk Management, Procurement Operations, Compliance
Benefits
- compensation, medical benefits, fringe benefits and other terms and conditions of employment shall be presented by the third-party agency partner upon offer.
- eligible for overtime pay, in accordance with federal and state requirements
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
