
Posted a day ago
Senior Director - Strategic Sourcing Lead
Teva PharmaceuticalsSenior Director - Strategic Sourcing Lead (External Manufacturing - Core Generics)
Requirements
Experience leading strategic sourcing and contracting teams, Knowledge of pharmaceutical or biotech sourcing, Minimum 3 years of people leadership, Strong financial and commercial acumen, Master's degree with 7+ years experience, Bachelor's with 9+, or Associate's with 12+
Skills
Procurement
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 and negotiations, ensuring contracts meet regulatory and business requirements.
- Identify and mitigate sourcing-related supply risks to ensure business continuity and resilience.
- Act as a trusted procurement partner to External Manufacturing and Business Development stakeholders.
- Lead, coach, and develop the Strategic Sourcing team, fostering a culture of accountability and continuous improvement.
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.
- Minimum of 3 years of people leadership or equivalent team leadership experience.
- Strong financial and commercial acumen with a proven ability to manage savings commitments.
- Ability to operate effectively in evolving, matrixed organizations and lead through ambiguity.
- Master's degree with 7+ years of relevant experience, OR Bachelor's degree with 9+ years, OR Associate's degree with 12+ years.
Benefits
- Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day.
- 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
