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Vertex Pharmaceuticals

Develops therapies for serious genetic diseases

Senior Manager, Strategic Sourcing

Procurement & SourcingUpdated on Nov 10
Full-timeBoston, MA, USA

About the Job

Requirements

  • A bachelor's degree is required.
  • Typically requires 5 years of specific sourcing experience, or an equivalent combination of education and experience.
  • A good understanding of the nuances associated with a regulated environment is required.
  • The candidate should have an AI-ready mindset and be passionate about AI opportunities and their overall impact in the services area.
  • The candidate should have solid knowledge of ERP systems and be able to expertly leverage e-sourcing tools, including business intelligence and reporting platforms.
  • The candidate should have strong analytical capabilities, project management skills, communication and presentation skills, and the ability to articulate opinions concisely and persuasively.
  • The candidate should be able to work collaboratively and cultivate and maintain effective business partner relationships through respect and trust.

Responsibilities

  • Own category management activities across Vertex for certain commercial and marketing categories, developing sound category and sourcing strategies for multi-year, multi-geography teams across regions.
  • Develop and execute sourcing strategies, including RFx development, competitive bid analysis, contract development, negotiation planning, and strategic supplier management.
  • Lead category management for specific category areas, including developing sourcing strategies, managing strategic supplier relationships and performance, and conducting tactical RFx activities when needed.
  • Drive the development and implementation of sourcing strategies.
  • Conduct market research to support category strategies and sourcing activities, filtering data into relevant, actionable formats.
  • Manage supplier performance and relationship management processes, which may include executive business reviews.
  • Support business owners in identifying applicable sourcing risks, coordinating with risk subject matter experts to assess risks and develop mitigation plans when necessary.
  • Manage complex contract negotiations by leading cross-functional company efforts involving internal stakeholders such as business partners, finance, and legal.
  • Interface with business partners to understand business priorities and needs and define specific initiatives to support the business.
  • Support optimization of end-to-end sourcing processes while enhancing the user experience.

Desired Qualifications

  • Category-specific sourcing experience in marketing is desired.

About the Company

Vertex Pharmaceuticals

Develops therapies for serious genetic diseases

Vertex Pharmaceuticals develops medicines for serious diseases, with a focus on cystic fibrosis. It conducts extensive research and partners with other biotech firms to discover and develop new therapies, including ex vivo engineered cell treatments. Its products, such as ivacaftor, treat cystic fibrosis and other therapies undergo clinical testing to expand the pipeline. Revenue comes from selling approved drugs and from licensing and collaboration agreements. The company distinguishes itself through deep R&D investment, strategic partnerships, and a global reach aimed at addressing unmet medical needs. The overall goal is to bring effective new drugs to patients worldwide and improve outcomes and quality of life.

Company size
5,001-10,000
Company stage
IPO
Headquarters
Boston, MA
Founded
1989

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