VP, Direct Materials Procurement

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Position Summary

The Head of Procurement Direct Materials will lead the Category Strategy, strategic sourcing, and supplier relationship management of all direct materials valued at about $1.5B per year globally.  This role will drive innovation, cost efficiency, and supply assurance across global operations, with a strong emphasis on leveraging AI and advanced analytics to transform and optimize procurement strategies, risk management, and supplier performance. 

The Head of Procurement Direct Materials will lead a team of 45+ professionals and will partner closely with internal SVP’s of Quality, Engineering, R&D and Manufacturing to ensure execution of supply strategies.

This leader will be highly influential with Teva’s strategic suppliers, engaging at C-Suite levels to ensure stability of supply, competitive total cost and presenting Teva as a customer of choice to leading companies in the industry.

POSITION REQUIREMENTS

Strategic Leadership:

• Lead an organization of ~45 direct team members that manage over $1.5B in annual spend.


• Deliver year over year cost saving/PPV of an estimated 5% to achieve world class results.


• Transform the organization in alignment with the broader Global Procurement strategy, driving a digital first mindset, strategic capabilities, simplified processes and improved service and outcomes to Teva.


• Serve as an executive sponsor for critical supplier partnerships in collaboration with other Teva Senior executives.


• Lead team responsible for New Product Launch in collaboration with Supply Chain, R&D and Manufacturing.


• Business Partner with Manufacturing, Quality, Supply Chain and R&D leaders to manage security of supply and supplier performance.


• Develop multiyear category strategies to deliver cost competitiveness, innovation, risk mitigation and sustainability.


• Lead New Product Introduction Sourcing team to ensure “Right first time” sourcing selection for new product launches to ensure second sourcing, risk identification, and competitive costing.


• Align procurement goals for direct materials and new products with corporate objectives including sustainability, innovation, and compliance.


• Expert negotiation skillsets to manage complex relationships and outcomes with a supply base of over 500 suppliers.

AI-Driven Procurement Optimization:

• Champion the integration and use of AI tools for spend analysis, demand forecasting, supplier risk modeling, and contract intelligence across the direct materials procurement team.

Supplier Relationship Management:

• Build and maintain strategic partnerships with key suppliers to ensure quality, reliability, and innovation.


• Lead supplier segmentation and performance management using AI-enabled dashboards and KPIs.

Risk Management & Compliance:

• Monitor and implement proactive risk mitigation strategies as appropriate for each category.


• Ensure compliance with global regulatory standards (FDA, EMA, ICH, etc.).

Team Development & Cross-Functional Collaboration:

• Build and lead a high-performing global procurement team.


• Champion appropriate capability building, learning experiences and training for the team


• Partner with Manufacturing, Quality, R&D, and Finance to ensure alignment and transparency in prioritization, planning and reporting.

Your Skills and Experience

Education/Qualifications

• Bachelor’s degree in Procurement, Supply Chain, Engineering, Life Sciences, or related field; MBA or advanced degree preferred.


• 20+ years of progressive experience in direct materials sourcing, contracting and procurement with at least 5 years within the pharmaceutical or biotech industry.


• Proven track record of leading global sourcing initiatives and supplier negotiations leading to best-in-class outcomes.


• Competent in using and learning Procurement or business AI platforms (e.g., Autonomous sourcing, Orchestration, contract lifecycle management, co-pilot).

Critical skills/capabilities:

Professional:

• Strong understanding of pharmaceutical supply chains, processes and regulatory requirements.


• requirements.


• Demonstrated experience implementing and/or utilizing AI/ML tools in procurement or supply chain functions.


• Expert negotiation


• Experience with ESG and sustainability initiatives in supplier networks.

Essential: Strong critical thinking/problem-solving skills to navigate ambiguous situations; Strategic thinking; Excellent storytelling and presentation skills; Cross-functional collaboration and stakeholder management; Effective communication; Strong relationship and senior stakeholder management capabilities.

Leadership: Strong leadership, change management & influencing skill; Decision-making under uncertainty skills; Ability to drive transformational change in a large/global/matrixed environment;  Proven talent management & people development capabilities (incl. coaching and mentoring); Ability to create an engaging & inclusive work climate and a culture of appreciation and trust; Ability to set a vision and drive organizational change and innovation; Ability to thrive in a fast-paced and manage effectively complexity within a matrix organization (shifting timelines, projects, priorities)

How We’ll Take Care of You

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