Strategic Sourcing Lead

Veranova L P

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profile Job Location:

Devens, MA - USA

profile Yearly Salary: $ 105000 - 120000
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

Discover Veranova:

At Veranova we believe people are our most important asset and we are dedicated to building the most talented workforce in our industry. Our commitment to uncompromising focus on quality compliance safety and excellence in delivery shapes everything we do. We are not just looking for skills; we are seeking innovative individuals who have a mindset open to learning and growth and a desire to make a difference.

Veranova is a global leader in the development and manufacturing of complex active pharmaceutical ingredients (APIs) for pharma and biotech customers. With deep technical expertise and impressive flexibility we develop solutions and processes that support and accelerate innovation.

Join us on our mission to enable current and next-generation therapeutics to improve and save the lives of patients.

Role Overview:

The Strategic Sourcing Lead/Senior Buyer is a key member of the procurement organization responsible for managing critical supplier relationships negotiating strategic agreements and driving cost reduction initiatives across assigned categories.

This role combines strategic sourcing hands-on execution and cross-functional leadership to ensure uninterrupted supply of goods and services while improving total cost of ownership (TCO). The Senior Buyer acts as a business partner to Operations Quality Engineering and Finance ensuring alignment between procurement strategy and site/business needs.

Core Responsibilities:

  • Lead sourcing and procurement activities for assigned categories (raw materials indirect goods or services) taking full ownership of strategy execution and supplier performance.
  • Serve as the primary contact for suppliers and internal stakeholders ensuring proactive communication alignment on priorities and strong cross-functional collaboration with Production Planning Quality and Engineering.
  • Champion procurement best practices cost transparency compliance and ethical standards across the organization.
  • Drive measurable cost savings through competitive bidding value engineering supply base optimization and total cost of ownership (TCO) analysis.
  • Develop and execute cost improvement roadmaps aligned with site and corporate targets.
  • Lead complex commercial negotiations execute long-term supplier agreements and manage supplier performance through scorecards KPIs corrective actions and QBRs.
  • Mentor junior buyers or coordinators to ensure consistency in process execution and professional growth.
  • Partner with Technical Quality and Finance teams to qualify alternate suppliers validate savings track inflationary pressures and manage spend reporting.
  • Maintain supplier risk assessments to ensure business continuity and supply assurance staying informed on market trends innovations and regulatory changes.
  • Identify and implement process improvements and system optimizations (ERP/WMS updates automation initiatives) to enhance efficiency visibility and compliance.
  • Participate in S&OP and materials review meetings providing procurement insights and updates on supplier performance and market conditions.

Qualifications:

  • Bachelors degree in supply chain management Business Engineering or related field.
  • 58 years of progressive experience in strategic sourcing or procurement ideally within pharmaceutical biotech or specialty chemical manufacturing.
  • Proven track record in supplier negotiation cost reduction and category management.
  • Proficiency with ERP systems (SAP Oracle or similar) and Microsoft Office Suite (Excel PowerPoint Word). Comfortable with/able to thrive in conditions of change and complexity.
  • Proven and strong project and change management capabilities.
  • Experience leading motivating and developing people through organizational change desirable.
  • Strong leadership interpersonal and motivational skills with the ability to drive behavioral change and inspire energize and influence others without direct authority
  • Demonstrated ownership accountability and follow-through in complex cross-functional environments.
  • Strong analytical and qualitative skills.
  • Excellent written and verbal communication and presentation skills.

Salary Range: $105000 - $120000 annual base salary

Our Commitment:

  • Health & Wellness: Comprehensive health & wellness benefits. Access to mental health resources and wellness programs. Generous PTO and holiday pay policies.
  • Financial Wellness: Veranova is committed to fair and transparent compensation practices. This includes a competitive base salary eligibility for performance-based bonuses and an attractive 401(k) Plan with company match. Salary ranges reflect the scope and expectations of the role and are based on market data internal equity and role-specific factors. Final compensation may vary depending on experience skills education and business needs.
  • Professional Development: Opportunities for continuous learning through LinkedIn Learning workshops conferences and mentorship. Tuition Assistance for Undergraduate and Graduate degree programs.
  • Inclusive Culture: At Veranova an inclusive culture is integral to our values. We welcome people with diverse experiences and perspectives who share our mission to improve and save lives. Even if you dont meet every qualification we encourage you to apply. Veterans first responders and those transitioning from military to civilian life bring valuable skills that strengthen our team.

Additional Information:

Applicants for this role must be authorized to work in the United States without further employer sponsorship.

Agency and Search Firm Representatives: Veranova does not accept unsolicited resumes from agencies and/or search firms for this job posting.

All your information will be kept confidential according to EEO guidelines.

Veranova is an Equal Opportunity Employer. It is the policy of Veranova to provide equal employment access and opportunity to all persons regardless of age race color national origin religion sex sexual orientation gender identity and/or expression physical or mental disability genetic information citizenship marital status veteran status or any other characteristic protected by federal state or local law.

All applications are carefully considered and your details will be stored on our secure Application Management System. This is used throughout Veranova for the selection of suitable candidates for our vacancies as they arise. Veranova respects your privacy and is committed to protecting your personal information. For more information about how your personal data is used please view ourprivacy notice.

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Discover Veranova:At Veranova we believe people are our most important asset and we are dedicated to building the most talented workforce in our industry. Our commitment to uncompromising focus on quality compliance safety and excellence in delivery shapes everything we do. We are not just looking f...
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Key Skills

  • Finance Control
  • Finance
  • ABAP
  • Body Care
  • Business Analytics
  • Avionics

About Company

Veranova is a global leader in the development and manufacturing of specialist and complex API ingredients for pharma and biotech customers.

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