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Strategic Sourcing Lead

Strategic Sourcing Lead

Veranova L PDevens, MA, US
9 days ago
Job type
  • Full-time
Job description

Job Description

Job Description

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 focuses 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 : Required

  • Bachelor’s degree in supply chain management, Business, Engineering, or related field.
  • 5–8 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 : $105,000 - $120,000 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 don’t 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 our privacy notice.

    #LI-Onsite

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    Strategic Sourcing Lead • Devens, MA, US

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