Sourcing Specialist II

Labcorp is a global leader in laboratory services, providing the insights and answers that help healthcare providers, patients, researchers, pharmaceutical companies and health systems make confident decisions and improve outcomes. Through our unparalleled science, data, technology and laboratory network, we advance diagnostics, accelerate innovation and help address some of the world’s most important health challenges. As we shape the future of healthcare, we are leveraging advanced technologies, intelligent digital solutions and data-driven innovation across our operations to enhance how work gets done and deliver greater value to customers and patients. With our global scale and deep expertise, you’ll have the opportunity to do meaningful work, grow your career and make a real impact on people’s health around the world. Together, we’re improving health and improving lives. Labcorp is a global leader in diagnostic testing and drug development solutions, helping healthcare providers, researchers, and patients make informed decisions that advance care. Join us in our mission to improve health and improve lives. Apply today! Labcorp is seeking a hybrid Sourcing Specialist II to join our team in Burlington, North Carolina. Sourcing Specialist II plays a key role in driving strategic sourcing initiatives and delivering measurable business value across multiple spend categories. This is an exciting opportunity for a proactive, results-oriented procurement professional to partner with sourcing leaders and cross-functional stakeholders to support supplier performance, contract execution, and end-to-end sourcing activities. The ideal candidate brings strong analytical and negotiation skills, a passion for building supplier relationships, and the ability to thrive in a fast-paced environment while making an immediate impact on business outcomes. Benefits: Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan. Employees regularly scheduled to work less than 20 hours, Casual, Intern, and Temporary employees are only eligible to participate in the 401(k) Plan. Employees who are regularly scheduled to work a 7 on/7 off schedule are eligible to receive all the foregoing benefits except PTO or FTO. For more detailed information, please click here . Working Conditions: Hybrid – Full time, regular. This hybrid role is central North Carolina-based with three days per week (Wednesday is mandatory) supporting both collaboration and flexibility on-site in Burlington, NC. The remainder of the schedule is remote Domestic travel up to 10% Job Responsibilities Facilitate the execution of confidentiality and evaluation agreements with suppliers, ensuring compliance with company standards and contributing to secure, high performing supplier relationships. Ensuring timely supplier onboarding and contract finalization, working closely with internal teams to streamline processes and ensure a secure, uninterrupted supply chain. Lead/collaborate with cross-functional teams (Legal, Finance, Science & Technology) with limited guidance to ensure alignment and smooth execution of strategic sourcing initiatives, providing critical support throughout the process. Partner with four or more assigned Category Managers to develop negotiation strategies, compile necessary documentation, and perform intermediate level impact analyses to drive informed decision-making and favorable negotiation outcomes. Progressively monitor and analyze key supplier performance indicators (KPIs), identifying trends and opportunities to enhance sourcing effectiveness, improve supplier performance, and drive continuous improvement. Manage and foster supplier relationships, working closely with internal stakeholders to address issues, optimize performance, and contribute to long-term, value driven partnerships. Manage a project or small internal stakeholder team from initiation to closure with limited oversight. Minimum Qualifications Bachelor's degree in business, finance, supply chain, life science. 2-4 years of experience developing sourcing or procurement discipline expertise. Additional Job Standards Proficiency in Microsoft Office is necessary to complete daily tasks: Excel to complete impact analysis and proposals in a format to allow data-driven decisions, Word to facilitate contract redlines, Outlook for email procession. Ability to translate and format data into actionable insights as it pertains to Supplier trends and negotiations across the enterprise. Intermediate level skills to identify and resolve gaps during supply chain disruptions, mitigate risks, and implement contingency plans. Ability to decide when to escalate situations to appropriate team members as they pertain to issues related to communicating with suppliers, conducting supplier onboarding and assessments, and monitoring and tracking supplies across the Labcorp enterprise. Ability to work remotely with high performance and ethical standards. Ability to adapt to global team time zones and network with teammates from multiple cultural backgrounds. Intermediate level business case modeling and quantitative analysis skills. Technology savvy to effectively use technology tools (ERP, sourcing tools, contracting tools such as iCert is for improved outcomes). Labcorp is proud to be an Equal Opportunity Employer: Labcorp strives for inclusion and belonging in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications and merit of the individual. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law. 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