Labcorp · 1 day ago
Lean Business Process Analyst
Durham, NC
Full-time
Hybrid
Entry, Mid Level
2+ years expLabcorp is seeking a dynamic and detail-oriented Lean Business Process Analyst to join their Global Sourcing team. This role is pivotal in optimizing cost efficiencies and enhancing collaboration with Finance and Executive Leadership through strategic procurement initiatives.
BiotechnologyMedical DeviceHealthcareHospitalLife ScienceHealth CareMedicalPrecision Medicine
No H1B
Responsibilities
Leverages AI-driven tools to identify process inefficiencies, generate data to back recommendations that accelerate decision-making, monitor contract compliance, Supplier management and improve operational performance
Ensures data accuracy and integrity across global sourcing initiatives
Monitors and reports on realized savings, cost avoidance, and rebate programs across all sourcing categories
Forecasts and trend financial impacts including price increases and tariff implications on global operations
Leads and facilitates strategic collaboration meetings with Finance leaders and category managers across Direct and Indirect sub-categories
Acts as a liaison between sourcing, finance, operations and business units to align on goals and performance metrics
Develops compelling executive-level presentations and dashboards that highlight sourcing achievements, financial impact, and strategic initiatives
Serves as a sourcing advocate, promoting Sourcing’s value across the organization
Provides actionable insights on utilizing Smartsheet to its fullest ability
Assists in the development of efficiency plans for supporting the execution of Sourcing projects and initiatives
Works collaboratively with diverse functional stakeholders and understands key roles and responsibilities
Develops successful relationships, establish trust and credibility and supports tracking negotiations in collaboration with the Sourcing team
Provides visualization of Sourcing data to highlight Sourcing progress to established goals
Creates, maintains and optimizes Smartsheet dashboards and statistical control charts for tracking/trending hard savings, cost avoidance, rebates, and sourcing KPIs
Qualification
Required
Bachelor's degree in Statistics, Mathematics, Engineering, Supply Chain, Business, Finance, or related field
Six Sigma Yellow Belt Certification
This position is not eligible for visa sponsorship
Curiosity and adaptability to learn new AI tools as they evolve
Ability to translate business problems into AI‑supported solutions
Strong analytical mindset with comfort interpreting data outputs from AI models
Understanding of responsible AI use, data privacy considerations, and ethical guidelines
Strong understanding and ability to forecast and trend hard savings, cost avoidance, rebates, and all other financial impact metrics related to Sourcing negotiations
Proven ability to lead cross-functional meetings with Finance and Sourcing Category Teams
Demonstrated ability to identify inefficiencies and drive process improvement initiatives across sourcing operations
Strong analytical skills and ability to learn statistical techniques and work independently with minimal supervision
Advanced proficiency in Excel, PowerPoint, and data visualization tools
Excellent communication, presentation, and stakeholder engagement skills
Preferred
Six Sigma Green Belt or Black Belt Certification
2+ years of hands-on experience with Smartsheet
Ability to read and manipulate data from multiple data sources
Experience with facilitating LEAN events, i.e., Kaizen, etc
Experience in life sciences or pharmaceutical industry
Familiarity with global sourcing practices and compliance requirements
Ability to thrive in a global organization and work with different currencies
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.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$2.85B2024-09-16Post Ipo Debt· $2B
2019-06-04Post Ipo Debt· $850M
1988-07-15IPO
Leadership Team
Adam Schechter
President and Chief Executive Officer
Bill Haas
SVP, Northeastern US and Canada, Labcorp Diagnostics
Recent News
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2026-02-12
2026-02-11
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