Associate Director - Strategic Sourcing 'Core / Agile' 1
Teva PharmaceuticalsBangalore, Karnataka
accounting-finance-jobs
Job Description
**We Are Teva** We're Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it's innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we're dedicated to addressing patients' needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You'll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together. **The Opportunity** The **Associate Director - Strategic Sourcing 'Core / Agile'** is responsible for defining and leading sourcing strategies and execution across assigned External Manufacturing (EXM) Generics portfolio, in alignment with Procurement Category Management and Teva's Core / Agile EXM organizations. This role is accountable for delivering enterprise value through strategic supplier selection, commercial optimization, and disciplined sourcing practices. Reporting to the Senior Director - Strategic Sourcing Core / Agile Lead, this role operates as a strategic sourcing leader, owning the translation of business needs and category strategies into sourcing approaches, while influencing senior stakeholders to align on sourcing decisions and outcomes. The Associate Director drives both strategy and execution, ensuring sourcing initiatives deliver sustainable value, mitigate risk, and strengthen supplier performance. This role plays a critical part in advancing procurement maturity by establishing best-in-class sourcing practices, building organizational capability, and embedding structured, data-driven decision-making across the EXM sourcing landscape. **How You'll Spend Your Day** **Sourcing Strategy & Execution** + Define and lead sourcing strategies aligned with business priorities + Own end-to-end sourcing (opportunity identification, strategy, RFx execution, negotiation, supplier selection) + Translate business needs and market insights into optimized sourcing approaches (cost, quality, service, risk) + Align senior stakeholders on strategies and decisions **Commercial & Contracting** + Lead complex supplier negotiations (pricing, capacity, long-term agreements) + Maximize value and mitigate risk through strong negotiation strategies + Oversee contract development and execution in partnership with Legal + Proactively manage commercial and contractual risks **Value Delivery & Performance** + Deliver sourcing value (savings, cost avoidance, resilience, innovation) + Accountable for achieving annual value targets aligned with Finance + Ensure tracking and visibility of sourcing performance + Report outcomes and key decisions to leadership **Supplier & Market Strategy** + Develop and maintain deep knowledge of supplier markets and dynamics + Define supplier strategies (selection, consolidation, preferred suppliers) + Engage senior supplier stakeholders to drive performance and value creation + Partner with SRM on supplier performance and governance + Provide expertise in supplier economics (cost structures, should-costing) **Risk, Compliance & Quality** + Identify and mitigate sourcing risks (supply continuity, capacity constraints, commercial exposure) + Ensure alignment with quality, regulatory, and compliance requirements + Partner with Quality, Regulatory, and Manufacturing on risk-balanced decisions **Stakeholder Leadership** + Act as trusted advisor to EXM, Category Management, and cross-functional teams + Influence and align senior stakeholders + Enable cross-functional collaboration (Procurement, Manufacturing, Quality, Finance, Legal) + Represent Procurement in strategic EXM forums **Team & Capability Development** + Coach and support sourcing professionals (indirect leadership) + Drive best practices, tools, and consistency in sourcing + Contribute to capability building (playbooks, training, knowledge sharing) **Process Excellence & Transformation** + Improve sourcing efficiency and scalability + Drive adoption of tools and data-driven decision-making + Support procurement transformation and EXM sourcing maturity **Your Qualification and Experience** **EDUCATION** + Master's degree with 7+ years of relevant experience, or Bachelor's degree with 9+ years of relevant experience **Experience** + Significant experience in strategic sourcing and contracting, including defining sourcing strategies and leading complex negotiations. + Proven track record of delivering measurable value and leading high-impact sourcing initiatives. + Experience operating in External Manufacturing and/or regulated industries (pharmaceutical, biotech, or similar) strongly preferred. + Experience influencing senior stakeholders and leading cross-functional initiatives. **Skills & Attributes** + Strong strategic thinking combined with execution excellence. + Advanced negotiation and commercial acumen. + Ability to influence and align senior stakeholders in complex environments. + Strong analytical, problem-solving, and decision-making capabilities. + Leadership presence with ability to operate effectively in evolving, lower-maturity environments. **How We'll Take Care of You** At Teva India, care is at the heart of how we work. From your first day, you'll be welcomed into a people-first culture built on inclusion, respect, and belonging. That support extends to you and your loved ones through benefits designed for real life. These include comprehensive medical insurance, OPD coverage, annual health checkups, term life and accident insurance, and confidential emotional wellbeing support through our Optum Employee Assistance Program. You'll also enjoy healthy meals at work, holistic wellbeing initiatives, and volunteering programs that help you give back to the community. Your growth matters too. You'll have opportunities to build future-ready skills, collaborate on projects with global teams, explore internal career opportunities, and learn through programs such as our AI-enabled Teva Twist program, R&D Academy, continuing education, and mentorship. Join our vibrant workplace, where we celebrate milestones, festivals, achievements, and community impact together. **Teva's Equal Employment Opportunity Commitment** Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, 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. EOE including disability/veteran
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