Talent.com
Strategic Sourcing Associate Director
Strategic Sourcing Associate DirectorBOSTON TRUST WALDEN COMPANY • Boston, MA, United States
Strategic Sourcing Associate Director

Strategic Sourcing Associate Director

BOSTON TRUST WALDEN COMPANY • Boston, MA, United States
7 days ago
Job type
  • Full-time
Job description

Job Description

As the Associate Director of Strategic Sourcing, you will be a part of a fast‑growing and innovative organization at the company’s world headquarters in Boston, MA. The department is committed to a trusting and collaborative culture where we value growth and development. We engage proactively with our stakeholders to truly understand their needs and deliver results for our company and for patients.

If you are looking for an entrepreneurial, hands‑on, team‑oriented environment where you can have a big impact, then this is the right place for you!

This role is responsible for leading category management activities for Small Molecules focusing on Raw materials and API within the development and commercial manufacturing space. It requires a solid understanding of global sourcing from CMO / CDMOs, supplier landscapes, and industry regulations to ensure the uninterrupted supply of high‑quality materials with competitive price. You will collaborate with the business to define and drive appropriate category strategies, and extract value. You will support the management of key strategic suppliers to drive continuous improvement, resolve complex supply issues, and identify new opportunities that drive exceptional value to Vertex, and ultimately our patients. You will be a lifelong learner who has a high degree of curiosity, adaptability, and strives to continually expand beyond the scope of your area of responsibility as part of self‑development. This role will have high visibility across the organization, so the ability to effectively communicate with Senior Executive leaders is crucial.

Execution responsibilities include market analysis and due‑diligence, RFx development, negotiation, competitive price and cost analysis, financial analysis and long‑term planning, contract development and on‑going supplier management and risk management. Additional focus is on optimization of internal sourcing processes, workflows and interfaces in effort to reduce time of delivery and costs in support of corporate objectives and industry best practices. This position is based in our Boston, MA office, located in the Seaport area. It requires a hybrid work schedule : 3 days in office & 2 days remote on a weekly basis, and some travel to other facilities to establish / maintain key business stakeholder and supplier 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 – Category SME, including the development and management of category and sourcing strategies, management of strategic supplier relationship and performance management, in addition to tactical RFx activities.
  • Sourcing Strategy Development – co‑develop and implement sourcing strategies with the business unit to enable development and commercialization of small molecule portfolio. This includes identifying and selecting suppliers, negotiating contracts, influence network strategy and managing supplier relationships.
  • Supplier Relationship Management – build and maintain strong relationships with key CDMO / suppliers. Negotiate contracts / agreements to secure favorable terms while ensuring compliance with quality standards and regulatory requirements.
  • Risk Mitigation – assess and mitigate risks associated with suppliers, including supply chain disruptions, quality issues, and regulatory compliance. Develop contingency / resiliency plans and alternative sourcing options to minimize potential impact on production schedules.
  • Cost Optimization – drive cost optimization initiatives through supplier negotiations, volume leverage, and process improvements. Identify opportunities for cost savings without compromising product quality or reliability of supply.
  • Cross‑functional Collaboration – work closely with cross‑functional teams, including R&D, external manufacturing, quality control, vendor quality and regulatory affairs, to align sourcing activities with production schedules, product specifications, and regulatory requirements.
  • Market Analysis – stay informed about market trends, supplier capabilities, and emerging technologies. Conduct market analysis and supplier assessments to identify new opportunities and risks.
  • 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.
  • Financials – support annual budget process. Provide cost guidance to inform LRP (Long Range Planning). Evaluate Bill of Material (BOMs) and understand total COGS to identify opportunities and risks.

Knowledge and Skills

  • Deep understanding of Category Management within specific areas of expertise; 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.
  • Expertise in complex supplier negotiations and supplier management activities.
  • 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.
  • 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.
  • Strong written and verbal communication skills; ability to clearly articulate opinions in a concise and persuasive manner. Comfortable with public speaking with various audience levels, including Sr. Management.
  • 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, etc).
  • 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.
  • Qualifications

  • Minimum of 7‑10 years of experience in strategic sourcing and procurement in direct sourcing in the pharmaceutical industry or Life Science industry.
  • Proven experience in managing categories such as raw materials, API and / or Drug product manufacturing.
  • Bachelor’s degree in chemistry, engineering or an applicable scientific field desired.
  • Proven track record of negotiating contracts, managing supplier relationships, and driving cost savings initiatives.
  • Strong analytical and problem‑solving skills, with the ability to assess risks and develop effective mitigation strategies.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across functions and levels of the organization.
  • Understanding of raw material specifications, quality requirements, and regulatory standards relevant to current Good Manufacturing Practices.
  • Familiarity with regulatory requirements, quality standards, and best practices in the pharmaceutical industry, including Good Manufacturing Practices (GMP) and ISO standards.
  • Ability to travel as needed to meet with suppliers, visit manufacturing facilities, and attend industry conferences and events.
  • Pay Range

    $143,200 – $214,800

    Disclosure 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.

    Flex Designation

    Hybrid‑Eligible Or On‑Site Eligible

    Flex Eligibility Status

    In this Hybrid‑Eligible role, you can choose to be designated as :

    Hybrid : work remotely up to two days per week; or select On‑Site : work five days per week on‑site with ad hoc flexibility.

    Note : The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time.

    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.

    Any applicant requiring an accommodation in connection with the hiring process and / or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at ApplicationAssistance@vrtx.com.

    #J-18808-Ljbffr

    Create a job alert for this search

    Director Strategic Sourcing • Boston, MA, United States

    Related jobs
    Sorting Associate

    Sorting Associate

    Staffmark Group • Avon, MA, United States
    Part-time
    Are you ready to start a fresh career? Staffmark is hiring a Part-Time Sorting Associate to work overnight in Avon, MA, to join a leading company behind one of America's most popular meal kits.If y...Show more
    Last updated: 30+ days ago • Promoted
    Center Medical Director NP / PA

    Center Medical Director NP / PA

    Carbon Health • Beverly, MA, United States
    Full-time
    As a physician-founded and led organization, ensuring everyone has access to quality healthcare is what inspires us.The magic we've created lies in Carbon Health's custom EHR and the collaboration ...Show more
    Last updated: 30+ days ago • Promoted
    Strategic Sourcing Associate Director

    Strategic Sourcing Associate Director

    Vertex Pharmaceuticals • Boston, MA, United States
    Full-time
    Job Description • •Job Posting DescriptionAs the Associate Director of Strategic Sourcing, you will be a part of a fast-growing and innovative organization at the company’s world headquarters in Bost...Show more
    Last updated: 8 days ago • Promoted
    Director, Clinical Quality Assurance

    Director, Clinical Quality Assurance

    Eisai • Andover, MA, United States
    Full-time
    At Eisai, satisfying unmet medical needs and increasing the benefits healthcare provides to patients, their families, and caregivers is Eisai's human health care (hhc) mission.We're a growing pharm...Show more
    Last updated: 30+ days ago • Promoted
    Director of Endocrinology

    Director of Endocrinology

    Signature Healthcare • Brockton, MA, United States
    Full-time
    Come join our team at Signature Healthcare! This is a great opportunity for a BC Endocrinologist that thrives on providing excellent patient care and has an interest in clinical leadership.Our team...Show more
    Last updated: 3 days ago • Promoted
    Emerging Professional Program Associate (STEP)

    Emerging Professional Program Associate (STEP)

    Sonepar USA • Brockton, MA, United States
    Full-time
    The Sonepar Training for Emerging Professionals Program (STEP) is a (.You will get hands on experience in every aspect of our business through on-the-job, e-learning, subject matter expert training...Show more
    Last updated: 30+ days ago • Promoted
    Strategic Sourcing Associate Director

    Strategic Sourcing Associate Director

    Vertex Pharmaceuticals Incorporated • Boston, Massachusetts, United States
    Full-time
    Job Description Job Posting Description.As the Associate Director of Strategic Sourcing, you will be a part of a fast-growing and innovative organization at the company’s world headquarters in Bost...Show more
    Last updated: 4 days ago • Promoted
    Associate Director - Link Strategy

    Associate Director - Link Strategy

    Veeva Systems, Inc. • Boston, MA, United States
    Full-time
    Veeva Systems is a mission-driven organization and pioneer in industry cloud, helping life sciences companies bring therapies to patients faster. As one of the fastest-growing SaaS companies in hist...Show more
    Last updated: 28 days ago • Promoted
    OBGYN Director | Near Portland, OR | $100,000 Sign-On

    OBGYN Director | Near Portland, OR | $100,000 Sign-On

    Jackson Physician Search • Salem, US
    Full-time
    A large community hospital 45 minutes from Portland, OR is searching for a physician leader to oversee Women's Services.The typical schedule consists of 3 days in clinic, 1 OR day, and 1 dedicated ...Show more
    Last updated: 30+ days ago • Promoted
    Director of Emergency Services Nursing

    Director of Emergency Services Nursing

    Baystate Health • Brockton, MA, US
    Full-time
    Kirby Bates Associates has been exclusively retained by Baystate Health to conduct a search for their next Director, Emergency Services (Nursing) at Baystate Health in Springfield, Massachusetts.Ba...Show more
    Last updated: 30+ days ago • Promoted
    Strategic Sourcing Associate Director

    Strategic Sourcing Associate Director

    BOSTON TRUST WALDEN COMPANY • Boston, Massachusetts, United States
    Full-time
    Job Description As the Associate Director of Strategic Sourcing, you will be a part of a fast‑growing and innovative organization at the company’s world headquarters in Boston, MA.The department is...Show more
    Last updated: 4 days ago • Promoted
    Associate Director Regulatory Strategy

    Associate Director Regulatory Strategy

    EPM Scientific • Boston, MA, US
    Full-time
    Associate Director of Regulatory Strategy.A rapidly growing pharmaceutical company is expanding its regulatory leadership team and seeking a strategic, execution-oriented.Associate Director of Regu...Show more
    Last updated: 19 days ago • Promoted
    Associate Director, CFR Research, Prospect Development

    Associate Director, CFR Research, Prospect Development

    Tufts University • Boston, MA, United States
    Full-time
    The Tufts University Advancement Division (UA) is a comprehensive development and alumni relations enterprise with a staff complement of approximately 200 staff members. Functional units within UA i...Show more
    Last updated: 30+ days ago • Promoted
    Side Hustle Project Lead

    Side Hustle Project Lead

    Finance Buzz • Hanson, Massachusetts, US
    Full-time +1
    We’re offering a role for someone who wants to lead their own side-income project in their spare time.You’ll explore various proven side hustles, select the ones that fit your lifestyle, and run th...Show more
    Last updated: 30+ days ago • Promoted
    ACTIVITIES DIRECTOR

    ACTIVITIES DIRECTOR

    Integritus Healthcar • Danvers, MA, United States
    Full-time
    The Activity Director will be responsible to plan, organize, develop, and direct the overall operation of the Activity Department in accordance with current federal, state, and local standards, gui...Show more
    Last updated: 4 days ago • Promoted
    Securities Reconciliation Associate

    Securities Reconciliation Associate

    Kelmar • Wakefield, MA, United States
    Full-time
    The Securities Reconciliation Associate will be responsible for performing research and analysis related to client unclaimed property records. The Securities Reconciliation Associate will perform ta...Show more
    Last updated: 30+ days ago • Promoted
    Leadership Development Program Associate

    Leadership Development Program Associate

    Pursuit Aerospace • Newburyport, MA, United States
    Full-time +1
    Founded on a commitment to relentless, continuous operational improvement and extraordinary customer service, we at Pursuit Aerospace pride ourselves on competitive cost structures, exceptional on-...Show more
    Last updated: 30+ days ago • Promoted
    Special Agent, $40,000 Recruitment Incentive

    Special Agent, $40,000 Recruitment Incentive

    The United States Secret Service • Wakefield, MA, United States
    Full-time
    Recruitment Incentive : Applicants may be eligible for a $40,000 recruitment incentive in accordance with regulatory requirements. Click apply for complete details on the recruitment incentive detail...Show more
    Last updated: 30+ days ago • Promoted