David Karakas
Senior Director | Strategic Sourcing & Procurement | P2P, AP, Travel & Expense Leadership | Driving Value Creation
- Role
- Senior Director, Strategic Sourcing & P2p Operations at Tessera Therapeutics
- Location
- Toledo, OH, US
- LinkedIn followers
- 500 followers
About David Karakas
From the early days of my career, I have been driven by a belief that procurement is far more than transactions. It is a strategic lever that can shape an organization’s future. Over the past 25+ years, I have led global procurement, finance, and operations teams, transforming business processes, rethinking supplier relationships, and creating systems that not only reduce costs but unlock long-term enterprise value.Today, I oversee Accounts Payable (AP), Procurement, Strategic Sourcing, Travel Management, and Expense Operations, leading high-performing teams that bridge the worlds of financial stewardship, supply chain strategy, and operational excellence. I have successfully guided organizations through procurement transformations, implemented enterprise-wide sourcing strategies, negotiated high-value supplier contracts, and built supplier risk management programs that withstand market volatility.What excites me most is turning challenges into opportunities, evolving transactional functions into high-impact, strategic value creators through digital transformation, process optimization, and supplier performance management. I am passionate about building empowered teams, driving cost savings, strengthening governance, and enhancing supplier relationships to deliver measurable results.I do not just manage processes. I design them to fuel growth, inspire trust, and create lasting impact.
Experience
Senior Director, Strategic Sourcing & P2p Operations
Jun 2022 — Present · Cambridge, MA, US
Education
Babson F.W. Olin Graduate School of Business
Master of Business Administration - MBA
2005
University of San Diego
Bachelor of Arts - BA, Political Science and Government
1999
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