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Manager, Procurement

Job in Boston, Suffolk County, Massachusetts, 02298, USA
Listing for: Alkermes
Full Time position
Listed on 2026-07-24
Job specializations:
  • Supply Chain/Logistics
    Procurement / Purchasing, Regulatory Compliance Specialist, Supply Chain / Intl. Trade
Salary/Wage Range or Industry Benchmark: 113000 - 131000 USD Yearly USD 113000.00 131000.00 YEAR
Job Description & How to Apply Below

Manager, Procurement

Responsible for developing and executing sourcing strategies that support the company's research and development activities and capital investment projects. This role partners closely with R&D, Finance, Tech Ops and other cross‑functional stakeholders to drive value through strategic supplier relationships, cost optimization, innovation, risk mitigation, and contractual excellence.

Key Responsibilities

Strategic Business Partnership

  • Serve as the primary procurement business partner for assigned R&D and Capital stakeholders.
  • Build strong relationships with scientific, technical, engineering, facilities, and finance teams to understand business needs and provide strategic sourcing support.
  • Influence stakeholders through data‑driven recommendations and procurement best practices.
  • Support long‑range planning and investment decisions through market intelligence and sourcing expertise.

Category Management and Strategic Sourcing

  • Develop and execute category strategies for assigned R&D spend categories aligned with organizational objectives.
  • Negotiating preferred partnership commercial terms such as rates, vol discounts, etc.
  • Extensive R&D and clinical support experience, including sourcing materials for clinical trials and managing supply readiness for new product development and commercial launches.
  • Brings hands‑on R&D procurement experience including supporting Phase 1–3/4 clinical trials, and built GxP‑aligned supplier strategies. Understands how to work with researchers, CROs, and technical stakeholders in a fast‑moving biotech environment.
  • Deep experience with vendor management, contract manufacturer onboarding, supplier qualification, and strengthening long‑term partnerships across domestic and global suppliers.
  • Lead end‑to‑end sourcing activities, including supplier identification, RFx development, bid evaluation, supplier selection, negotiation, and contract execution.
  • Conduct market and supplier analyses to identify opportunities for cost savings, supplier consolidation, innovation, and risk reduction.
  • Collaborate with internal stakeholders to develop sourcing plans that ensure continuity of supply and support business priorities.

Supplier Relationship Management

  • Establish and maintain strategic supplier relationships that deliver quality, service, innovation, and cost competitiveness.
  • Conduct supplier performance reviews and implement corrective actions and continuous improvement initiatives as needed.
  • Partner with Quality, Compliance, and Technical teams to support supplier qualification, audits, and ongoing performance management.
  • Monitor supplier market trends, capabilities, and risks to proactively address potential disruptions.

Financial and Operational Performance

  • Identify and execute cost savings, cost avoidance, and value creation initiatives across assigned categories.
  • Support budget planning, forecasting, and tracking of procurement‑related savings and project expenditures.
  • Apply total cost of ownership (TCO) principles to sourcing decisions and supplier evaluations.
  • Ensure compliance with procurement policies, financial controls, and approval processes.

Contracting and Risk Management

  • Lead commercial negotiations for supplier agreements, statements of work, and master service agreements.
  • Partner with Legal, Quality, and Compliance teams to ensure contracts appropriately address business requirements and regulatory obligations.
  • Assess and mitigate supplier risks related to financial stability, operational capability, quality systems, and supply continuity.
  • Ensure sourcing activities adhere to applicable GMP, GCP, and other regulatory requirements.

Cross‑Functional Project Leadership

  • Manage multiple complex sourcing projects simultaneously while meeting timelines and stakeholder expectations.
  • Participate in cross‑functional initiatives supporting R&D programs, facility expansions, laboratory investments, and capital projects.
  • Provide procurement leadership throughout project life cycles from planning and vendor selection through implementation.
Minimum Education & Experience Requirements
  • Bachelor's degree in Business, Supply Chain, Life Sciences, Engineering, or related field required.
  • Master's…
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