Global Strategic Sourcing Full-Time Positions
Company: Vertex Pharmaceuticals
Location: Boston
Posted on: October 23, 2024
Job Description:
Global Strategic Sourcing Full-Time Positions
Job Description
General Summary:
We are seeking Senior Managers through Directors to join our Global
Strategic Sourcing Team. These individuals will lead Category
Management activities including development and execution of
Sourcing Strategies, often in complex spend areas, as well as RFx
development, competitive bid analysis, contract development and
negotiation planning, and strategic supplier ongoing management for
specific spend category(ies). The individual will be expected to
leverage benchmarking data and market research, as necessary, to
support Category management and the development of strategic
sourcing strategies and initiatives. The Senior Manager will
interface closely with Business Partners to understand their
business priorities and needs, and in turn, to define specific
initiatives to support the business. This role is also expected to
support the 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.
Key Duties and Responsibilities:
- Leads Category Management for specific complex category areas
including the development of sourcing strategies, management of
strategic supplier relationship and performance management, in
addition to tactical RFx activities.
- Uses applicable e-Sourcing tools to support sourcing activities
and analysis.
- Drives the development and implementation of sourcing
strategies as well as cost reduction initiatives.
- Performs market research to support Category strategies and/or
sourcing activities with the ability to filter data into a
relevant, actionable format.
- Manages the Supplier Performance/Relationship Management
process that may include Executive Business Reviews that include
Senior leaders both within Vertex and with the 3rd party.
Responsible for meeting preparation, pre-read documents, capturing
action items, and ensuring appropriate follow-up.
- Supports 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 the entire RFx process including, but not limited to,
the development of the requirements, drafting RFP documents,
facilitation of team meetings and vendor sessions, negotiation of
terms and pricing with the vendors, and ultimately supporting the
execution of Supplier Agreements.
- Develops annual cost savings targets, in collaboration with
Business Partners and Finance, within their specific
category(ies).
- Manages complex negotiations on price and terms, that often
include other internal stakeholders such as Business Partners and
Legal.
- As a people manager within the organization, may have financial
accountabilities and human resource responsibilities for assigned
staff.
Knowledge and Skills:
- Deep understanding of Category Management within specific areas
of expertise; able to manage and drive all aspects of Strategic
Sourcing including RFx execution, negotiation, contract execution,
supplier performance management, and business stakeholder
management.
- Viewed as a resource within their category(ies) by Business
Partners; able to bring new ideas and information that create
tangible value to business.
- Proficient in Microsoft Office, strong knowledge of ERP
systems, and related e-Sourcing tools, including business
intelligence and reporting platforms.
- Expertise in complex supplier negotiations and supplier
management activities.
- Strong analytical capabilities (data analysis and benchmarking
research) as well as PowerPoint skills; expertise working with data
analytical/reporting tools such as Power BI, Tableau, etc.
- Sound understanding and demonstrated use of Continuous
Improvement tools (including Pareto Charts, Flow Diagrams, etc.) to
drive process improvements.
- Strong project management and organizational skills. Able to
create detailed project plans, including an understanding of
dependencies as well as critical path elements for larger, more
involved projects.
- Able to lead teams in a collaborative manner to drive
successful outcomes.
- Strong communication skills (both written and verbal); able to
clearly articulate opinions in concise and persuasive
manner.
- Deep knowledge and understanding of contract law, including all
terms and conditions.
- Ability to work in collaborative, team environment; ability to
cultivate and maintain effective business partner relationships
through earned respect and trust.
- Ability to manage several projects while ensuring deliverables
are fully met on-time.
Education and Experience:
- Bachelor's degree in relevant discipline from a 4-year College
or University.
- Typically requires 6+ years of specific Sourcing experience,
ideally several within a pharmaceutical / biotech industry, with
one year experience in a management/supervisory role.
Flex Designation:
Hybrid-Eligible Or On-Site Eligible
Flex Eligibility Status:
In this Hybrid-Eligible role, you can choose to be designated as:1.
Hybrid: work remotely up to two days per week; or select2. On-Site:
work five days per week on-site with ad hoc flexibility.
Company Information
Vertex is a global biotechnology company that invests in scientific
innovation.
Vertex is committed to equal employment opportunity and
non-discrimination for all employees and qualified applicants
without regard to a person's race, color, sex, gender identity or
expression, age, religion, national origin, ancestry, ethnicity,
disability, veteran status, genetic information, sexual
orientation, marital status, or any characteristic protected under
applicable law.
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Keywords: Vertex Pharmaceuticals, Brookline , Global Strategic Sourcing Full-Time Positions, Other , Boston, Massachusetts
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