Director - BD/NPI Business Partner & Strategic Sourcing Lead
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Teva Pharmaceuticals
Parsippany-Troy Hills, NJ (In Person)
$181,350 Salary, Full-Time
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Job Description
We Are Teva The Director - BD/NPI Business Partner & Strategic Sourcing is responsible for leading and executing strategic sourcing and contracting activities across assigned External Manufacturing (EXM) initiatives led through Teva's Business Development and R D organizations. This role plays a key part in shaping procurements upstream engagement with Business Development and R D, supporting both top and bottom needs within the enterprise. This leaders will need to strengthen sourcing discipline within a developing procurement organization. Reporting to the Senior Director - EXM Business Partner & Category Lead, this role operates as a hands-on sourcing leader, translating business strategies and business requirements into RFx events, negotiations, and contracts. The Director will help establish consistent sourcing approaches, improve execution rigor, and build credibility with stakeholders and suppliers. The focus of this role will be to support in-licensing ventures with CMO's; acquisition and divestment of assets that operate within the External Manufacturing umbrella. This role is well suited for a sourcing professional who is comfortable developing strategic relationships with stakeholders and owning execution, navigating ambiguity, and helping build structure and consistency in a lower-maturity procurement environment. Our Team, Your Impact The Director - BD/NPI Business Partner & Strategic Sourcing is responsible for leading and executing strategic sourcing and contracting activities across assigned External Manufacturing (EXM) initiatives led through Teva's Business Development and R D organizations. This role plays a key part in shaping procurements upstream engagement with Business Development and R D, supporting both top and bottom needs within the enterprise. This leaders will need to strengthen sourcing discipline within a developing procurement organization. Reporting to the Senior Director - EXM Business Partner & Category Lead, this role operates as a hands-on sourcing leader, translating business strategies and business requirements into RFx events, negotiations, and contracts. The Director will help establish consistent sourcing approaches, improve execution rigor, and build credibility with stakeholders and suppliers. The focus of this role will be to support in-licensing ventures with CMO's; acquisition and divestment of assets that operate within the External Manufacturing umbrella. This role is well suited for a sourcing professional who is comfortable developing strategic relationships with stakeholders and owning execution, navigating ambiguity, and helping build structure and consistency in a lower-maturity procurement environment.
How You'll Spend Your Day Strategic Sourcing & Commercial Execution Lead strategic sourcing activities for BD/NPI initiatives, including RFx, negotiations, and supplier selection. Drive commercial discussions with suppliers on pricing, capacity, and key commercial terms. Support contract development, review, and execution in partnership with Legal and cross‑functional teams. Ensure sourcing decisions balance cost, quality, capacity, service, and risk. Value Delivery & Performance Tracking Deliver measurable sourcing value and support annual savings and value targets. Track sourcing actions, outcomes, and benefits using standard tools and templates. Partner with Finance to support value validation and reporting as required. Supplier Engagement & Market Insight Lead procurement-related due diligence assessments supporting BD go/no-go decisions. Engage suppliers through structured sourcing and onboarding processes. Provide supplier and market insights to inform category strategies and BD planning. Resolve sourcing-related supplier issues and support asset onboarding/divestment where applicable. Risk, Compliance & Quality Alignment Identify and mitigate sourcing, commercial, and supply risks (e.g., capacity, single sourcing). Ensure compliance with procurement policies, quality standards, and regulatory requirements. Partner with Quality, Regulatory, and Manufacturing to ensure feasible and compliant sourcing outcomes. Stakeholder Partnership Act as a strategic business partner to BD and R D, pulling Procurement upstream to shape decisions. Collaborate closely with Category Managers and cross-functional stakeholders to execute sourcing initiatives. Communicate sourcing plans, progress, and outcomes clearly and proactively. Process & Capability Development Apply and strengthen standard sourcing processes, tools, and ways of working. Contribute to the development of sourcing playbooks and team capabilities. Identify opportunities to improve sourcing efficiency, consistency, and execution discipline. Your Skills and Experience Experience & Expertise Demonstrated experience working upstream with BD/R D organizations in a business partnering capacity Demonstrated experience executing strategic sourcing and contracting activities, preferably within External Manufacturing or regulated industries. Working knowledge of sourcing and negotiation practices. Experience supporting savings delivery and sourcing value initiatives. Familiarity with pharmaceutical, biotech, or regulated manufacturing environments preferred. Skills & Attributes Strong execution mindset with attention to detail. Effective negotiation and commercial skills. Solid stakeholder communication and collaboration abilities. Analytical and problem-solving capabilities. Comfort working in evolving, lower-maturity procurement environments. Education Master's degree with 5+ years of relevant experience, or Bachelor's degree with 7+ years of relevant experience, or Associate's degree with 9+ years of relevant experience Some experience leading sourcing initiatives or projects required. Salary Range The annual starting salary for this position is between $161,200 - $201,500 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 candidateHow We'll Take Care of You We offer a competitive benefits package, including:
How You'll Spend Your Day Strategic Sourcing & Commercial Execution Lead strategic sourcing activities for BD/NPI initiatives, including RFx, negotiations, and supplier selection. Drive commercial discussions with suppliers on pricing, capacity, and key commercial terms. Support contract development, review, and execution in partnership with Legal and cross‑functional teams. Ensure sourcing decisions balance cost, quality, capacity, service, and risk. Value Delivery & Performance Tracking Deliver measurable sourcing value and support annual savings and value targets. Track sourcing actions, outcomes, and benefits using standard tools and templates. Partner with Finance to support value validation and reporting as required. Supplier Engagement & Market Insight Lead procurement-related due diligence assessments supporting BD go/no-go decisions. Engage suppliers through structured sourcing and onboarding processes. Provide supplier and market insights to inform category strategies and BD planning. Resolve sourcing-related supplier issues and support asset onboarding/divestment where applicable. Risk, Compliance & Quality Alignment Identify and mitigate sourcing, commercial, and supply risks (e.g., capacity, single sourcing). Ensure compliance with procurement policies, quality standards, and regulatory requirements. Partner with Quality, Regulatory, and Manufacturing to ensure feasible and compliant sourcing outcomes. Stakeholder Partnership Act as a strategic business partner to BD and R D, pulling Procurement upstream to shape decisions. Collaborate closely with Category Managers and cross-functional stakeholders to execute sourcing initiatives. Communicate sourcing plans, progress, and outcomes clearly and proactively. Process & Capability Development Apply and strengthen standard sourcing processes, tools, and ways of working. Contribute to the development of sourcing playbooks and team capabilities. Identify opportunities to improve sourcing efficiency, consistency, and execution discipline. Your Skills and Experience Experience & Expertise Demonstrated experience working upstream with BD/R D organizations in a business partnering capacity Demonstrated experience executing strategic sourcing and contracting activities, preferably within External Manufacturing or regulated industries. Working knowledge of sourcing and negotiation practices. Experience supporting savings delivery and sourcing value initiatives. Familiarity with pharmaceutical, biotech, or regulated manufacturing environments preferred. Skills & Attributes Strong execution mindset with attention to detail. Effective negotiation and commercial skills. Solid stakeholder communication and collaboration abilities. Analytical and problem-solving capabilities. Comfort working in evolving, lower-maturity procurement environments. Education Master's degree with 5+ years of relevant experience, or Bachelor's degree with 7+ years of relevant experience, or Associate's degree with 9+ years of relevant experience Some experience leading sourcing initiatives or projects required. Salary Range The annual starting salary for this position is between $161,200 - $201,500 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 candidateHow We'll Take Care of You 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. Already Working @TEVA? Make sure to apply through our internal career site on Twist—your one-stop shop for career developmentTeva'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 AskHR@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.Similar jobs in Parsippany-Troy Hills, NJ
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