Labcorp · 21 hours ago
Sourcing Specialist II - Indirect Sourcing
Labcorp is a leading company in the healthcare sector, and they are seeking a Sourcing Specialist II for their Indirect Sourcing category. This role involves managing suppliers, analyzing information for decision-making, and collaborating with cross-functional teams to ensure effective sourcing activities.
BiotechnologyHealth CareHospitalLife ScienceMedicalPrecision Medicine
Responsibilities
Assist in the execution of confidentiality and evaluation agreements with suppliers, ensuring compliance with company standards and supporting secure supplier relationships
Support timely supplier onboarding and contract processing by coordinating with internal teams to maintain smooth workflows and minimize delays
Collaborate with cross-functional teams (Legal, Finance, Science & Technology) under guidance from senior staff to ensure alignment and assist with sourcing activities
Provide administrative and analytical support to Sourcing Managers during negotiations, including preparing documentation and gathering data for decision-making
Track and report supplier performance metrics (KPIs) as directed, helping identify issues and opportunities for improvement
Maintain regular communication with suppliers and internal stakeholders to resolve routine issues and support positive working relationships
Participate in projects as a team member, contributing to tasks and deliverables under the direction of a project lead
Qualification
Required
Associate degree
2–4 years of relevant experience in sourcing, procurement, or supply chain operations
Proven understanding and knowledge of key contractual terms
Strong analytical skills: data analysis capabilities for market trends and cost optimization
Effective communication skills: essential to collaborate, build rapport internally and externally
Negotiation skills: proficiency in negotiating contracts and agreements to secure favorable terms
Strategic thinking: ability to develop and execute sourcing strategies for the service lines
Risk management: identify and manage risks to ensure continuity
Legal knowledge: understanding commercial contracts and ability to interpret clauses and negotiate best outcome
Ability to complete analytical evaluations to be presented to senior leadership
Demonstrated ability to manage multiple tasks efficiently, ensuring timely delivery with attention to detail
Preferred
Bachelor's degree in finance, supply chain, or a related field
Professional designations/certifications/licenses: CPSM or MCIPS
Benefits
Medical
Dental
Vision
Life
STD/LTD
401(k)
Paid Time Off (PTO) or Flexible Time Off (FTO)
Tuition Reimbursement
Employee Stock Purchase Plan
Company
Labcorp
Labcorp specializes in providing physicians with laboratory tests.
Funding
Current Stage
Public CompanyTotal Funding
$2.85B2024-09-16Post Ipo Debt· $2B
2019-06-04Post Ipo Debt· $850M
1988-07-15IPO
Leadership Team
Recent News
2026-01-14
Bizjournals.com Feed (2025-11-12 15:43:17)
2026-01-11
Company data provided by crunchbase