Strategic Sourcing Manager

Laboratory Corporation; Durham (NC); Remote; USD 90,000 - 120,000; Full time

Job summary

Join Laboratory Corporation as a Strategic Sourcing Manager, where you'll drive procurement activities and manage supplier relationships in a remote role. With responsibilities spanning negotiation strategies and performance analysis, you'll play a key role in optimizing sourcing initiatives across the organization. Ideal candidates possess a strong educational background and extensive experience in supply chain management, ready to make an immediate impact.

Qualifications

• 5+ years of experience in relevant fields.
• Ability to manage multiple tasks efficiently.
• Experience in strategic sourcing and supplier relationship management.

Responsibilities

• Drive sourcing initiatives and manage supplier relationships.
• Facilitate contracts and supplier onboarding.
• Collaborate with internal teams to support strategic sourcing activities.

Skills

Excellent communication

Interpersonal skills

Negotiation acumen

Project management

Analytical skills

Technology savvy

Education

Bachelor’s degree in business, finance, supply chain, or life science

CIPS Certification

Tools

Microsoft Excel

Microsoft Word

Microsoft Outlook

ERP tools

Sourcing tools

Job description

Come join a global leader in drug development and take your career to the next level as a Strategic Sourcing Manager at Labcorp!

Labcorp’s work in developing new pharmaceutical solutions has an incredible impact on the lives of millions of patients worldwide, helping transform great science into great medicines.Be a part of this life-saving work!

This is a remote UK based position and travel may be required within the UK on occasion subject to business needs.

Position Summary:

The Strategic Sourcing Manager plays a critical role in driving sourcing initiatives and supporting the Global Sourcing team in executing strategic procurement activities. This position requires a strong understanding of sourcing fundamentals, contract facilitation, and documentation. The position will work independently and in collaboration with Sourcing Managers to lead elements of the end-to-end sourcing process, analyze and report Supplier Performance data, and contribute to cross-functional initiatives across multiple categories, particularly within the area of Construction/Building-Facilities and General Services.

This role is well-suited for a resourceful, action-oriented professional who brings sourcing expertise, demonstrates sound negotiation acumen, and is ready to manage smaller tail-spend suppliers with minimal oversight. The ideal candidate will be proactive, detail-driven, and capable of making immediate contributions in a dynamic sourcing environment.

Duties Include:

• Facilitate the execution of confidentiality and evaluation agreements with suppliers, ensuring compliance with company standards and contributing to secure, high-performing supplier relationships.

• Ensure timely supplier onboarding and contract finalization, working closely with internal teams to streamline processes and ensure a secure, uninterrupted supply chain.

• Ability to independently lead/collaborate with cross-functional teams (Legal, Finance, Science & Technology) to ensure alignment and smooth execution of strategic sourcing initiatives, providing critical support throughout the process.

• Partner with assigned Sourcing Managers to develop negotiation strategies, independently compile necessary documentation, and conduct impact analyses to drive informed decision-making and favourable negotiation outcomes.

• Monitor and analyse 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.

• Ability to manage a project or small team from initiation to closure.

Minimum Education required:

• A Bachelor’s degree is usually required with 5+ years of experience in business, finance, supply chain, or life science field.

• Equivalent Experience: 5 - 7+ of relevant experience in a similar role may be considered in lieu of Bachelor’s or equivalent degree. Demonstrated ability to manage multiple tasks efficiently, ensuring timely delivery with attention to detail.

Preferred Qualifications:

• Bachelor's degree in business, finance, supply chain, life science, or other related field.

• CIPS Certification.

Skills Competencies:

• Excellent communication and interpersonal skills.

• Proficiency in Microsoft Office 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 processing.

• Strategic mindset with the ability to translate and format data into actionable insights as it pertains to Supplier trends and negotiations across the enterprise.

• Ability 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 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.

• Emerging business case modeling and quantitative analysis skills.

• Technology savvy to effectively use technology tools (ERP, sourcing tools, contracting tools such as iCertis) for improved outcomes.

Why People choose to work at Labcorp:

At Labcorp, it is our people that make us great – it is what our clients, our partners and, most importantly, what our employees say. Here, you will have the opportunity to collaborate with extraordinary people with diverse viewpoints. You will discover your own outstanding potential as we build an even stronger organization with industry leaders from drug discovery to the clinic and beyond.We help our clients develop medicines that improve health and improve the lives of their family and friends.

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.

We encourage all to apply

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