Associate Director, Global Procurement, External Manufacturing
Parsippany, United States, New Jersey, 07054
Who we are
The opportunity
The Associate Director, Global Procurement will oversee an annual external manufacturing spend portfolio of approximately $50–100 million, driving value through strategic sourcing, supplier negotiations, and cost optimization initiatives. This role focuses on total cost of ownership (TCO) optimization, year-over-year cost reduction, and establishing best-in-class commercial agreements that enhance Teva’s global procurement performance. The role requires a strong analytical mindset, cross-functional collaboration, and the ability to influence senior stakeholders and suppliers. You will be part of a high-performing team driving strategic procurement initiatives across Teva’s External Manufacturing (ExM) network in North America.
- We are looking for a passionate, analytical and solutions-oriented candidate with proven success in areas of Global sourcing, Cost Reduction, Direct / External Manufacturing procurement, to become a part of our EXM North America procurement team, based in Parsippany, United States
- The candidate should have good understanding of the North America pharmaceuticals finished goods supply market (eg Topicals, transdermal, sprays, OTC and Oral solids finished formulations) , latest trends, cost drivers along with business understanding of the overall pharmaceutical industry and related regulations. Understanding of other supply markets would be an added advantage.
- The candidate would be required to analyze business requirements, as part of global category management team, create multi-year category strategies, drive and implement sourcing plans by technology/ sub-category, backed up with key analytics data such as spend, external and internal benchmark data, savings opportunities and business cases.
- Candidate would be required to present the sourcing strategies and implementation plans to Global procurement Leadership during stage-gate reviews, setting project milestones and driving completion through effective governance mechanisms
- The candidate should have the capabilities to be developed as a future leader within the Global Procurement organization in Teva.
- Position reports to: Senior Director – Global Procurement, External Manufacturing, North America
- Key Stakeholders: Regional Operations Leads, Procurement Global category leads, External Manufacturing SRM (Supplier Relationship Manager), Business Development and Alliance Management teams
This role is based in Parsippany, NJ however we may consider onsite within another Teva location for the right individual. Teva has a hybrid 3 day onsite work schedule.
How you’ll spend your day
- Drive TCO-focused cost reduction initiatives, should-cost modeling, and working capital optimization.
- Lead fact-based negotiations with senior supplier leadership using robust analytics, market intelligence, and external benchmarking.
- Identify and deliver year-over-year savings and cost avoidance opportunities across technologies and categories.
- Ensure sourcing strategies and implementation plans are aligned with global category objectives and business requirements.
- Act as a key procurement representative in cross-functional SRM teams involving Technical, Quality Assurance, and Supply Chain.
- Drive supplier performance initiatives and operational excellence projects with clear financial and strategic benefits.
- Collaborate with EXM suppliers to identify cost optimization and process improvement opportunities with measurable outcomes.
- Structure and negotiate best-in-class contracts with favorable commercial terms, clear performance KPIs, and effective risk mitigation.
- Apply advanced contracting methodologies and support resolution of commercial disputes when required.
Your experience and qualifications
- Bachelor’s degree in Business, Engineering, Pharmaceutical Sciences or related discipline
- MBA or equivalent advanced degree preferred.
- Minimum of 8 years of experience in procurement or strategic sourcing is required, preferably within the pharmaceutical, life sciences, or manufacturing industry.
Knowledge and skills:
- Understanding of the pharmaceutical industry globally, especially in North America
- Ability to draw strategic insights from analysis and effectively summarize and present insights
- Demonstrated success in achieving year-over-year cost reductions through structured negotiations and category management.
- Deep understanding of total cost of ownership and supplier financial dynamics.
- Strong negotiation, contract management, and stakeholder engagement skills.
- Demonstrated strong problem solving, negotiation, and conflict management skills.
- Good Presentation Skills
- Ability to quantify financial benefits for identified opportunities and initiatives
- Experience with digital procurement tools (e.g., SAP Ariba, Coupa) and data analytics platforms.
- Knowledge and experience in working on SAP, Ariba, MS-Office (Word, Excel, PowerPoint, Outlook).
- Travel Requirement: Up to 15%
Compensation Data
The annual starting salary for this position is between $124,720 – 156,000 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 holidays.
- 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.
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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.
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