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

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.

• →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

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

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

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

• 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

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

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