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Teva values inclusion & diversity and embraces it in all aspects of its business — from Teva’s workforce, to external partners, to engagement in the community. Teva’s external partners include an important stakeholder group: Teva suppliers. Teva is committed to growing and developing successful business relationships with a diverse supplier base that can support Teva’s business objectives. Teva’s formalized Supplier Diversity Program is in the initial implementation phase. Teva understands that a well-developed supplier diversity initiative can be a catalyst for stronger innovation and growth. Recognizing this, Teva is taking a strategic approach to proactively integrate diverse suppliers into its business, focused initially in the U.S.Teva’s program provides opportunities for the following qualified diverse businesses:
* Teva accepts businesses certified by third party agencies including the SBA, NMSDC,WBENC, NGLCC, and USBLN. ** Teva will accept certified & self-identified businesses. For additional information about Teva’s program or eligibility requirements, please contact Supplierdiversity@tevapharm.com
The following applies to all goods and services procured by Teva:
Teva has partnered with two financial institutions to provide suppliers the option of receiving full payment on invoices before they are due, at a very small discount. This supplier financing program is available for our US and Canada suppliers through Citibank. For Europe suppliers we have engaged with BNP. Currently the BNP program is available in Germany, Croatia, Netherlands, Hungary, Ireland, France and the UK. These programs are not currently available for legacy Actavis suppliers. For more information on the program contact Citibank: firstname.lastname@example.org and BNP: email@example.com.
All non-US based suppliers should follow the above guidelines with the exception of use of the Teva Designated Travel Agency. All travel may be booked through the supplier’s own Travel Agency.
Any questions regarding the above should be directed to GlobalTravelOperations@tevapharm.com
As an alternative to the use of Purchase Orders for certain types of low-dollar, high-frequency purchases, dedicated Teva staff members have been issued Teva purchasing credit cards (P-Cards). The P-Card is limited to certain categories of purchases and to a limited number of approved suppliers.
The benefits of this program are lower transactional costs and faster payment to our suppliers.
Account payable information
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