Executive Director, Global Procurement - Commercial

Regeneron Pharmaceuticals • Sleepy Hollow, WY

20h • Hybrid

About The Position

The Executive Director, Global Procurement – Commercial Procurement will provide strategic leadership and direction with a focus on Commercial Communications Procurement. The role focuses on a very exciting part of Commercial Procurement which includes Advertising, Media, Corporate Affairs/Public Relations, and Promotional Medical Communications. This role will be critical to driving performance across the Commercial Communications categories including alignment with stakeholder goals, driving towards competitive advantages (strategic and financial), optimizing supplier relationships, including small and diverse suppliers. This role works in close collaboration with Commercial Stakeholders to enable company revenue targets and the new product pipeline. This individual will report to the Vice President of Commercial Procurement and serve as a member of the Global Procurement Extended Leadership Team, contributing to a continual path towards excellence in Procurement. The role will be accountable for managing direct reports to drive short-term priorities and the long-term vision to support stakeholder and Global Procurement priorities. They will lead the development, retention, and recruiting of talent to enable the company’s Commercial Procurement team. This includes collaborating with the VP of Commercial Procurement on performance goals, coaching and mentoring, and fostering a collaborative and inclusive work environment that encourages innovation and continuous learning.

Requirements

• Experience managing Associate Director+ level professionals required with previous success driving results within a multi-national Global Procurement team.
• ~15 years or more experience in relevant functions or industries, demonstrating growth in experience, scale, and development throughout.
• In-depth knowledge of marketing and sales procurement categories including but not limited to media, content, production, and medical communications.
• Ability to identify root causes and develop solutions to address complex problems.
• Problem solving, risk management, program rollouts, and ability to put together forecasts for volume and savings.
• Negotiation and contract management skills.
• Ability to adapt in fast paces and ever-evolving space.

Nice To Haves

• Believe that value can be driven through strategic partnerships and efficient ways of working.
• Embrace challenging the status quo.
• Are curious about how to deliver value to Commercial Communications stakeholders in a changing biopharma landscape.
• Enjoy tracking global v local trends.
• Can tap into strong in-depth knowledge of efficient global procurement organizations and processes within the biopharmaceutical industry to support the growth and evolution of a Global Procurement organization.
• Enjoy successfully leading global categories or global teams, processes, and suppliers within a multi-national organization.
• Serve as role-model leader consistently exhibiting behaviors across an organization of direct reports to create clarity, provide a clear and understandable vision with transparency and trust both within and outside of the organization.
• Operate with integrity, focus, clarity, and sound judgement in an environment of ambiguity.
• Can influence and partner with senior executives and peer functions to drive strategic change and efficiency.

Responsibilities

• Lead the composition, development and execution of category strategies in Commercial Communications
• Translate category strategies into achievable and meaningful sourcing projects that deliver value to Regeneron and its patients
• Partner with Commercial Procurement Leadership colleagues to ensure strategies evolve as Regeneron and its pipeline evolves
• Implement category strategies to meet objectives, including meeting our ESG objectives (sustainability, supplier diversity)
• Collaborate with other parts of Global Procurement to best manage cross-category suppliers
• Anticipate needs and plan strategies to optimize achievement of corporate goals
• Collaborate and execute a best in class partner management program
• Implement and manage technology solutions to drive value via efficiency and effectiveness
• Build and manage a team that provides all Commercial Communications Procurement support globally
• Continually enhance capability and capacity through ongoing talent development; establishing/communicating criteria for evaluating staff performance; managing direct reports, implementation of consistent work processes; and
• Drive process excellence with a focus on stakeholder experience

Benefits

• health and wellness programs (including medical, dental, vision, life, and disability insurance)
• fitness centers
• 401(k) company match
• family support benefits
• equity awards
• annual bonuses
• paid time off
• paid leaves (e.g., military and parental leave)

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees