Sourcing Specialist II - Indirect Sourcing
This Sourcing Specialist - Indirect Sourcing position is responsible for managing assigned suppliers within the Indirect Sourcing category.
This position analyzes, evaluates, synthesizes and interrelates information from internal and external sources when solving problems and making decisions. Identifies critical success factors when developing strategy and plans. Weighs and appropriately balances technological, market, competitive, and organizational factors to achieve competitive advantage. Uses diverse perspectives when developing plans and making decisions and considering possible outcomes of alternative courses of action. This position will be a member of cross departmental teams that will include all stakeholders in the decision-making process.
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. Casual, PRN & Part Time employees regularly scheduled to work less than 20 hours are eligible to participate in the 401(k) Plan only. 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.
What to Expect
Hybrid work schedule: Work in Burlington, NC office 3 days per week supporting both collaboration and support.
Days: Monday through Friday
Hours: 8 am to 5 pm
Duties and 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.
Minimum Education and Experience
- Associate degree
- 2-4 years of relevant experience in sourcing, procurement, or supply chain operations.
Preferred Qualifications
- Bachelor's degree in finance, supply chain, or a related field.
- Professional designations/certifications/licenses: CPSM or MCIPS
Skills and Competencies
- 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.
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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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Perks and Benefits
Health and Wellness
- Health Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Pet Insurance
- Mental Health Benefits
- FSA
- HSA
- Fitness Subsidies
- Virtual Fitness Classes
Parental Benefits
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
Work Flexibility
- Remote Work Opportunities
- Hybrid Work Opportunities
- Flexible Work Hours
Office Life and Perks
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
Financial and Retirement
- 401(K) With Company Matching
- Stock Purchase Program
- Performance Bonus
- Financial Counseling
Professional Development
- Leadership Training Program
- Associate or Rotational Training Program
- Tuition Reimbursement
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Lunch and Learns
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)
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