This Strategic Global Project Manager - Indirect Sourcing (U.S. Hybrid)

position is responsible for the management of Global Indirect Sourcing .

*U.S. Hybrid – 4 days per week working remotely and 1 day working at one of the following U.S. Labcorp facilities - Burlington, NC or Research Triangle Park, NC".

Completely remote outside of U.S.

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 consider 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.

What to Expect:

• Displays competencies and knowledge in contract development, including key contracting principles, standard terms, laws/regulations, and industry standards.

• Drafts, redlines, reviews, and negotiate Indirect Sourcing category vendor contracts including, but not limited to, Master Services Agreements, Statements of Work, Renewals, etc.

• Applies advanced sourcing methodologies; to include the RFx sourcing processes; to develop negotiating strategies that enable effective negotiations, vendor management and process improvement.

• Management of vendor relationships and manage any escalated issues that involve the vendor/service provider.

• Manages and optimizes supplier performance, including contract compliance, continuous improvement, innovations, and reduction in total cost of ownership

• Works with Legal department to mitigate risk through the review of both legal and business terms.

• Executes legal documentation ensuring compliance with legal requirements

• Builds strong partnerships with internal stakeholders to identify new opportunities for negotiated cost savings and measure business impact.

• Collaborates with cross-functional teams to ensure sourcing strategy aligns with business requirements

• Communicates effectively with vendors, customers, and senior management.

• Prepares and occasionally provides presentations on project/category savings and category spend analysis to Leadership and user groups.

• Be process driven and project focused with ability to prioritize and get projects completed in a timely manner while responding to the changing demands of the business and market.

• Applies best practice for data collection and analysis, risk assessment, stakeholder identification and involvement, total cost of supply, standardization of products and services, building demand plans, contract negotiations, implementation of contracts and change management.

Education and Qualifications, required

• Degree Qualified (BA or BS Degree in Supply Chain, Business Management, or related field, required)

• Minimum of 5 years’ experience with strategic global sourcing, preferably for indirect services

• Professional designations/certifications/licenses: CPSM or MCIPS, strongly preferred

Knowledge | Skills and Abilities (KSAs), required,

• 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

• International mindset: understand global markets and sourcing strategies for global supply chains

• Legal knowledge: understand commercial contracts and able to interpret clauses and negotiate best outcome

• Ability to complete analytical evaluations to be presented to senior leadership

Labcorp is proud to be an Equal Opportunity Employer:

As an EOE/AA employer, Labcorp strives for diversity and inclusion 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 of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), 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.

We encourage all to apply

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