Director, Pharmacy Procurement & Strategic Sourcing

RCM Healthcare Services • Full-time • Boston/Massachusetts/United States, MA, United States • 1d ago

Director of Pharmacy Procurement & Strategic Sourcing
Compensation and Benefits
Salary:

$180,000 - $225,000

Location:

Boston, MA
Full-time, Onsite

Organization:
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.
Responsibilities
Key Duties:
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.

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.

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.

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.

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).

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.

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.

Qualifications
Education:

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

Licenses and Certification:

340B ACE designation preferred

Skills and 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
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

About Us
RCM Healthcare Services’ mission is to provide opportunities for qualified candidates across medical professions. We deliver timely results and have built a reputation of trust with our clients and candidates. Since 1975, we have been providing staffing solutions to many of the finest healthcare institutions across the nation and careers for thousands of candidates. As professional career opportunity matchmakers, we follow up and follow through to help our clients and candidates reach their career and life goals. We proudly hold the Joint Commission Gold Seal of Approval as well.

Equal Employment Opportunity & Reasonable Accommodation RCM Technologies is an equal opportunity employer and values diversity. We are committed to providing reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act (ADA) and applicable state laws. If you require a reasonable accommodation to apply for or perform this role, please contact us and we will engage in an interactive process to support your needs.

#AC1
#ACP

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