Job Description
Who We Are Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.
The opportunity We are looking for a dynamic and strategic executive to lead the Global Procurement Organization for R&D at Teva. This leader will be a critical business partner to the R&D leadership team and will lead a team of 10 to develop and implement strategic initiatives to deliver speed, quality and total cost optimization through our supply base and in collaboration with the R&D organization.
This leader must be experienced in Pharmaceutical R&D categories with a track record of developing deep and collaborative relationships with internal and external stakeholders. Reporting to the Chief Procurement Officer, this leader will also contribute to the as a member of the leadership team to delivering the Global Procurement Transformation and other enterprise goals.
How You’ll Spend Your Day - Collaborate with the Senior Vice President, Chief Procurement Officer and Global Procurement leadership team in the development and implementation of global and regional R&D Procurement goals.
- Establish and maintain collaborative relationships with Senior R&D Leadership and other cross functional stakeholders to develop strategic initiatives aligned to the organization’s goals.
- Develop category strategies that establish long term plans to ensure best in class costs, quality, service levels and risk mitigation across the R&D supplier portfolio.
- Conduct supply market research to provide category intelligence and benchmarks on industry dynamics, trends, and best practices to inform strategies and advise R&D stakeholders.
- Act as a liaison between Global Procurement and R&D for any transversal category needs (Consulting, Meetings, Staff Augmentation, etc..).
- Develop a high performing team and develop succession plans.
- Guide cross-functional teams in the application of the Sourcing Management Process.
- Oversee all sourcing activities for the team, including directing and approving competitive bidding (RFx) processes. Review, advise, and approve complex RFx documentation issued by the team.
- Effectively communicate the impact of sourcing decisions.
- Develop effective supplier negotiation plans and strategies.
- Implement Supplier Relationship Management (SRM) Programs with key suppliers to foster innovation, track performance metrics, and ensure ongoing continuous improvement.
- Interface directly with Finance to plan and document value and P&L impact.
- Drive compliance in line with the Global Procurement Policy.
- Advance Teva Culture for the Global Procurement Team.
- Establish and communicate Procurement Job performance standards and identify training and development needs.
The person in this role will sit out of our Parsippany, NJ office in a hybrid work environment
Requirements Your experience and qualifications - Bachelor’s Degree with a major or concentration in Business Administration, Finance, or Supply Chain.
- MBA and/or relevant certification is preferred, e.g., Six Sigma, CPM, CPP.
- Minimum of 12 years of work experience in an international company with progressive leadership roles, and at least 5 years in R&D Procurement leadership role.
Functional Skills - Able to translate a strategic vision into action.
- Excellent supplier negotiation and conflict management skills.
- Demonstrated ability to lead cross-functional teams, manage multiple simultaneous projects, and deliver quantifiable results.
- Excellent communication and presentation skills, both written and verbal – the ability to gain executive support.
- Strong Interpersonal/Relationship Management Skills, ability to mentor, manage, and develop staff as well as manage/develop suppliers.
- Strong analytical skills and conceptual thinking that drives strategy and creates innovative options.
- Solid business judgment, able to anticipate the impact of decisions and initiatives.
- Superior financial modelling and problem-solving skills.
- Proficiency with spoken and written English.
- Travel Requirements – International: 20%.
Compensation Data
The annual starting salary for this position is between $213,00- $280,770 annually. Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate.
Enjoy a more rewarding choice We Offer a Competitive Benefits Package, Including - Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
- Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
- Time Off: Paid Time Off including vacation, sick/safe time, caretaker time, and holiday.
- Life and Disability Protection: Company paid Life and Disability insurance.
- Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible , Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.
The total compensation may also include restricted stock units and discretionary awards, depending on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
Already Working @TEVA? If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site
The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.
Teva’s Equal Employment Opportunity Commitment Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.
Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to disabilityassistance@tevapharm.com with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address.
Important notice to Employment Agencies - Please Read Carefully
Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.
Job Tags
Work experience placement, Work at office, Local area, Flexible hours,