Director of Pharmacy Procurement & Strategic Sourcing

Location: Boston, MA – Onsite
$180,000 – $225,000

Position Summary

The Director of Pharmacy Procurement & Strategic Sourcing provides enterprise?level leadership for pharmacy procurement and sourcing across inpatient, outpatient/retail, central fill, home infusion, and community hospital settings. This role is accountable for establishing strong purchasing governance, supplier strategy, and pricing discipline to ensure reliable medication supply, cost optimization, and operational consistency across the health system.

The Director leads the design and execution of standardized procurement strategies that align contracting, inventory operations, financial controls, and long?term supply chain planning—supporting both patient care continuity and health system financial stewardship.

Essential Responsibilities

1. Strategic Procurement Leadership

• Develop and execute a comprehensive pharmacy procurement and sourcing strategy aligned with organizational goals and Pharmacy Supply Chain priorities.
• Own procurement strategy across all sites and classes of trade, including WAC, GPO, 340B purchasing pathways, and alternative distribution models (ADMs).
• Establish standardized procurement policies, approval thresholds, escalation pathways, and internal controls to reduce variability and optimize cost of goods.
• Ensure procurement strategies are fully aligned with contracting, inventory planning, and financial stewardship objectives.

2. Operational Alignment and Oversight

• Oversee purchasing operations across inpatient, outpatient, infusion, retail, and community hospital pharmacy settings.
• Partner with pharmacy leaders to ensure procurement workflows support operational requirements and uninterrupted patient care.
• Collaborate with Finance and Information Services to ensure accurate cost accounting, expense classification, and purchasing data integrity.
• Deliver actionable procurement insights and analytics to senior leadership to support strategic and operational decision?making.

3. Supplier & Sourcing Oversight

• Serve as the primary owner of wholesaler, distributor, and manufacturer relationships.
• Lead sourcing strategies for wholesalers, manufacturers, specialty distributors, and alternative distribution partners.
• Partner closely with Pharmacy Supply Chain leadership to ensure:
  • Correct contract utilization and pricing at wholesalers
  • Appropriate purchasing pathways
  • Alignment between sourcing decisions and pricing strategy
• Oversee vendor performance management, scorecards, issue resolution, and ongoing relationship governance.
• Lead or support supplier negotiations in collaboration with pharmacy leadership, legal, and hospital supply chain teams.

4. Supply Chain Optimization & Cost Stewardship

• Uphold industry best practices in pharmaceutical sourcing and procurement.
• Identify and implement initiatives to improve procurement efficiency, reduce cost variability, and optimize system?wide performance.
• Evaluate sourcing alternatives, distribution models, and vendor capabilities to ensure cost?effective medication access.
• Establish and monitor key procurement performance metrics, leveraging data to drive continuous improvement.

5. 340B Program Collaboration

• Collaborate with 340B leadership to ensure procurement strategies support program objectives and compliance requirements.
• Align purchasing and sourcing decisions with approved 340B strategies and operational workflows.
• Provide expertise to support evaluation of TPAs, ADM partners, and distribution models.
• Support optimization of 340B?eligible purchasing while maintaining compliance (does not own day?to?day 340B operations).

6. Organizational Leadership & Workforce Development

• Lead and develop procurement managers and specialists, establishing clear roles, decision rights, and accountability.
• Coach and mentor early?career leaders and procurement talent.
• Establish governance structures that reduce escalations and clarify ownership.
• Foster a culture of accountability, collaboration, and continuous improvement.

7. Transformation Enablement

• Lead continuous improvement initiatives to standardize pharmacy procurement processes across all sites and care settings.
• Drive full utilization of procure?to?pay (P2P) systems, including purchasing, invoicing, and reporting workflows.
• Partner with Information Services, Finance, and Supply Chain teams to improve data integrity and end?to?end process alignment.
• Develop best?practice procurement planning models addressing demand variability, supplier constraints, and inventory strategies.
• Establish procurement dashboards and performance metrics to monitor compliance, efficiency, and cost performance.
• Identify opportunities to automate manual workflows and reduce operational friction.
• Support adoption of new tools, technologies, and scalable procurement processes.

Job Requirements

Education

• Bachelor’s degree required (Science?based or business discipline preferred)
• Advanced degree (MS, MBA, or PharmD) strongly preferred

Certifications

• 340B ACE designation preferred

Experience

• Minimum 10 years of progressive experience in pharmacy supply chain, procurement, drug contracting, or sourcing
• Experience managing large, complex pharmacy spend portfolios ($1B+)
• Demonstrated proficiency with:
  • Wholesaler platforms and contracts
  • GPO contracts and services
  • Purchase planning systems
  • Contract compliance tools
• Experience working in or supporting 340B?eligible pharmacy environments
• Proven success in multi?site, complex health system environments

Knowledge, Skills & Abilities

• Deep understanding of wholesaler economics, sourcing models, and pharmacy contracting structures
• Advanced financial analysis and data?driven decision?making skills
• Strong leadership and change?management capabilities
• Excellent problem?solving and continuous improvement mindset
• Ability to manage complexity across diverse care settings and stakeholders
• Exceptional communication, influence, and stakeholder?management skills