
Posted a day ago
Senior Director - Strategic Sourcing Lead
Teva PharmaceuticalsSenior Director - Strategic Sourcing Lead (External Manufacturing - Innovative/Biologics)
Perks & benefits
CommissionHealth InsurancePaid Leave
Requirements
Experience leading strategic sourcing and contracting teams, Knowledge of pharmaceutical or biotech sourcing, Experience managing savings commitments, Master's degree with 7+ years experience or equivalent, Minimum 3 years people leadership
Skills
ProcurementBiologics
About the role
Responsibilities
- Lead and oversee strategic sourcing and contracting activities across the External Manufacturing network in alignment with category strategies.
- Translate category strategies into actionable sourcing plans, RFx activities, negotiations, and contract outcomes.
- Own the delivery of annual sourcing value and savings commitments aligned to Finance targets and business plans.
- Lead supplier engagement, including commercial discussions, negotiations, and ensuring contracts meet regulatory and risk standards.
- Partner with External Manufacturing and Business Development stakeholders to communicate priorities and support strategic initiatives.
- Lead, coach, and develop the Strategic Sourcing team, fostering a culture of accountability and continuous improvement.
- Identify and mitigate sourcing-related supply risks to ensure business continuity and operational resilience.
Requirements
- Demonstrated experience leading strategic sourcing and contracting teams, preferably in External Manufacturing or regulated industries.
- Working knowledge of sourcing practices within pharmaceutical, biotech, or regulated manufacturing environments.
- Proven experience delivering sourcing value and managing savings commitments.
- Minimum 3 years of people leadership experience.
- Master’s degree with 7+ years of relevant experience, OR Bachelor’s degree with 9+ years, OR Associate’s degree with 12+ years.
- Strong financial and commercial acumen with the ability to operate effectively in a matrixed organization.
Benefits
- Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on day one.
- Retirement Savings: 401(k) with employer match up to 6% and an annual 3.75% Defined Contribution.
- Paid Time Off: Includes vacation, sick/safe time, caretaker time, and holidays.
- Life and Disability Protection: Company-paid Life and Disability insurance.
- Additional perks: Employee Stock Purchase Plan, Tuition Assistance, Paid Parental Leave, and more.
About the Company
Teva is a leading innovative biopharmaceutical company, enabled by a world-class generics business. We are dedicated to addressing patients' needs through innovation in neuroscience and immunology and by delivering high-quality medicine worldwide.
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Teva Pharmaceuticals · Parsippany
