Associate Director/ Director Commercial, Strategic Sourcing
Associate Director/ Director Commercial, Strategic Sourcing
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$ 143200 - 214800
1 Vacancy
Job Description
Job Description
As a key leader within the Strategic Sourcing function the individual will be tasked with managing and formulating strategies for Marketing categories to facilitate and enhance commercialization across various disease areas and regions. This role encompasses the oversight of the category life cycle which includes the development and implementation of multiyear sourcing strategies in addition to the ongoing management of strategic supplier relationships and performance evaluation.
In partnership with Business Units and Finance this position will be tasked with setting category objectives and will assume complete responsibility for their implementation. You will assist in the ongoing management of essential strategic suppliers to promote continuous improvement address complex challenges and uncover new opportunities that deliver outstanding value to Vertex and ultimately our patients. You embody a commitment to lifelong learning demonstrating a strong sense of curiosity and adaptability while consistently seeking to broaden your expertise beyond your immediate remit as part of your personal development. This position is highly visible throughout the organization and you are a leader who is comfortable adept and effectively communicates with Senior Executive leaders.
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 role is global and will require some travel to all other facilities and locations (including London) to establish / maintain key business stakeholder relationships.
Key Responsibilities:
- Strong business partnering acumen to develop trusting and influential relationships with stakeholders understand business objectives and challenges bring supplier and marketplace expertise collaborate on multiyear strategic and operational plans and drive business outcomes.
- Develop implement monitor and maintain category strategies in partnership with Business stakeholders for all related subcategories including continuous refreshment and improvement of category strategies to meet evolving business needs
- Own the Supplier Performance/Relationship Management process including supplier performance monitoring. Responsible for meeting preparation preread documents performance dashboards capturing action items and ensuring appropriate followup including Executive Business Reviews
- In collaboration with the Business responsible for defining Key Performance Indicators (KPIs) and associated performance metrics and are integrated into contractual documents and captured on Dashboards to ensure supplier performance is meeting expectations and continuously improving
- Support 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 complex negotiations on price and terms that often include other internal stakeholders such as Business Partners and Legal. Able to independently create comprehensive negotiation planners that all internal parties are aligned with upfront
- Acts as mentor to support Sourcing colleagues temporary workers and/or college coops as directed by their manager
Required Education Experience and Competencies:
- Bachelors Degree and MBA required
- 10 years of strategic sourcing experience including relevant Marketing Procurement experience
- Good understanding of the nuances associated with a regulated environment
- AIready mindset passionate individual about AI opportunities and overall impact in Services area
- Embody a CanDo Mindset thriving in ambiguity while building bridges thanks to innovative solutions
- Strong analytical capabilities Project management skills Good communication and presentation skills able to clearly articulate opinions in concise and persuasive manner
- Excellent communication and organizational skills. Comfortable interfacing and presenting to senior leadership in a concise wellplanned manner.
Pay Range:
$143200 $214800Disclosure 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 jobrelated factors permitted by law.
At Vertex our Total Rewards offerings also include inclusive marketleading 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 weeklong 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:
HybridEligible Or OnSite EligibleFlex Eligibility Status:
In this HybridEligible role you can choose to be designated as:
1. Hybrid: work remotely up to two days per week; or select
2. OnSite: work five days per week onsite with ad hoc flexibility.
Note: The Flex status for this position is subject to Vertexs 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 nondiscrimination for all employees and qualified applicants without regard to a persons 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 EVerify 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
Required Experience:
Director
Employment Type
Full-Time
