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Vertex Pharmaceuticals Incorporated

Associate Director, Strategic Sourcing Supply Chain (Hybrid)

Vertex Pharmaceuticals Incorporated, Boston, Massachusetts, us, 02298


Job DescriptionJob Posting DescriptionThe Strategic Sourcing Supply Chain lead will own Category Management activities across Vertex for distribution, logistics, and warehousing for complex supply chains involving small molecule, biologics and Cell and Gene Therapy products. Working collaboratively with internal business stakeholders, this role is expected to develop sound category and sourcing strategies for multi-year, multi-geographic supply chain and distribution needs, gain endorsement by the business, and drive the successful execution that will support business goals and objectives. The role will utilize deep knowledge and expertise with respect to all sourcing processes and will communicate with senior leaders and executives. In addition, the role is expected to identify and drive the optimization of internal sourcing processes, workflows and interfaces in effort to maximize stakeholder value.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 as well as to support specific strategic initiatives.Key Responsibilities:Business Partnering - develop strong, trusting, and influential relationships with stakeholders, understand business objectives, bring supplier and marketplace expertise, collaborate on multi-year strategic and operational plans, and drive business outcomes.Global Category Management - including the development and management of category and sourcing strategies, management of strategic supplier relationship and performance management, in addition to development and execution of RFx activities.Market Analysis - Stay informed about market trends, supplier capabilities, and emerging technologies related to relevant Global Supply Chain category needs, including adjacent Manufacturing categories. Conduct market analysis and supplier assessments to identify new opportunities and risks.Sourcing Strategy Development - Co-develop and drive sourcing strategies with the business unit and cross category leads to enable commercialization and growth of Vertex portfolio. This includes identifying and selecting appropriate suppliers, negotiating contracts in conjunction with the relevant stakeholders, influence network strategy and managing supplier relationships.Supplier Management - Cultivate relationships with key suppliers to ensure timely delivery of high-quality materials and services. Collaborate with suppliers to identify opportunities for risk mitigation, build resilience, cost savings, process improvements, and innovation. Build and partner with Global Supply Chain team to cultivate the relevant supplier governance. Define Key Performance Indicators (KPIs) and associated performance metrics to ensure supplier performance is meeting or exceeding expectations.Risk Mitigation - Collaborate with business stakeholders and suppliers extensively on developing and implementing risk and resiliency strategies to ensure continuity of supply for innovative product pipeline and expanding market footprint.Financials - Support annual budget process. Provide cost guidance to inform to LRP (Long term planning). Develops value objectives including annual cost savings targets, in collaboration with Business Partners and Finance.Continuous Improvement - Implement continuous improvement initiatives to streamline sourcing processes, enhance efficiency, and drive operational excellence. Leverage data analytics and performance metrics to monitor supplier performance and identify areas for improvement.Knowledge and Skills:Demonstrated ability to influence Sr. Leadership to drive Sourcing's value; gained a 'Seat at the table' with stakeholders.Deep understanding of Category Management within Distribution & Logistics with a biopharmaceutical industry/highly regulated environment; able to manage and drive all aspects of Strategic Sourcing including strategy development, RFx execution, negotiation, contract execution, supplier performance management, and business stakeholder management.Proven track record of negotiating contracts, managing supplier relationships, and driving cost savings initiatives. Strong knowledge and understanding of contract law, including all terms and conditions; seen as a trusted partner from Legal colleagues to provide valuable insight to potential risks across all types of agreements (i.e. CDAs, MSAs, SoWs, etc).Strong analytical capabilities (data analysis and benchmarking research); expertise working with data analytical/reporting tools such as Power BI, Tableau, etc. Able to generate necessary data and reports to support their activities.Strong project management and organizational skills. Ability to manage several projects while ensuring deliverables are fully met on-time, including more complex and involved projects.Able to lead teams and strongly influence stakeholders in collaborative manner to drive successful outcomes. Collaboration extends beyond Business Partners and suppliers to include other functional areas including Legal, Compliance, Finance and more.Strong written and verbal communication skills; ability to clearly articulate opinions in concise and persuasive manner. Comfortable with public speaking with various audience levels, including Sr. Management.Ability to work in collaborative, team environment; ability to cultivate and maintain effective business partner relationships through earned respect and trust.Proficient in Microsoft Office, strong knowledge of ERP systems, and related e-Sourcing tools, including business intelligence and reporting platforms.Excellent communication and interpersonal skills, with the ability to collaborate effectively across functions and levels of the organization.Qualifications:Bachelor's degree required. Advanced degree (MS or MBA) in Scientific or Business discipline is preferred.3-7 years of experience in strategic sourcing, procurement, or supply chain management, with extensive category specific sourcing experience in Distribution & Logistics within a pharmaceutical/biotech industry.Experience of Order-to-Cash (O2C) processes and systems, third-party logistics (3PL) / fourth-party logistics (4PL), Good Distribution Practice (GDP).Strong understanding of Cell & Genetic therapy cold chains.Supply Chain professional with Six Sigma certification desired, including Sales and Operations Planning (S&OP) and demand planning knowledge.Strong understanding of the nuances associated with working in the pharmaceutical industry and is adept at effectively managing given the complexities of operating in a regulated environment.Ability to travel as needed to meet with suppliers, visit manufacturing, distribution and network locations and attend industry conferences and events.Pay Range:$143,200 - $214,800Disclosure Statement:The range provided is based on what we believe is a reasonable estimate for the base salary pay range for this job at the time of posting. This role is eligible for an annual bonus and annual equity awards. Some roles may also be eligible for overtime pay, in accordance with federal and state requirements. Actual base salary pay will be based on a number of factors, including skills, competencies, experience, and other job-related factors permitted by law.At Vertex, our Total Rewards offerings also include inclusive market-leading benefits to meet our employees wherever they are in their career, financial, family and wellbeing journey while providing flexibility and resources to support their growth and aspirations. From medical, dental and vision benefits to 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) and so much more.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. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

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