Labcorp

Sourcing and Procurement Transformation Analyst

Labcorp

full-time

Posted on:

Location Type: Hybrid

Location: Burlington • North Carolina • United States

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About the role

  • Identifies true process, governance, and handoff inefficiencies and converts them into prioritized, actionable recommendations.
  • Enhances end-to-end visibility across sourcing, procurement, and adjacent functions by mapping processes, identifying gaps, and implementing tools and dashboards that improve transparency and alignment.
  • Standardizes processes and clarifies ownership by assessing regional and cross‑functional workflows, defining clear accountability, and driving adoption of consistent, scalable operating practices.
  • Shifts the organization from reactive to proactive operations by analyzing demand signals, identifying trends, and recommending forward‑looking strategies that shape the sourcing agenda rather than respond to it.
  • Synthesizes fragmented inputs into a unified operating model by consolidating data, insights, and stakeholder feedback into cohesive recommendations, frameworks, and narratives that support decision‑making and transformation.
  • Accelerates decision‑making quality and speed by providing data‑driven insights, standardized reporting, and clear visibility into sourcing performance, risks, and opportunities.
  • Elevates process discipline and execution excellence by promoting Lean principles, driving continuous improvement initiatives, and reinforcing best‑practice sourcing methodologies across the organization.
  • Creates, maintains and optimizes Smartsheet dashboards and statistical control charts for tracking/trending hard savings, cost avoidance, rebates, and sourcing KPIs.
  • 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 trends 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, Indirect and Transformative Sourcing sub-categories.
  • Develops compelling executive-level presentations and dashboards that highlight sourcing achievements, financial impact, and strategic initiatives.
  • Works collaboratively with diverse functional stakeholders and understands key roles and responsibilities.

Requirements

  • Bachelor’s degree in Supply Chain Management, Logistics, Data Analysis, International Business or related fields such as Operations Management, Industrial Engineering, Business Analytics, Global Trade/Commerce, and Management Science.
  • 2 years or more experience in one or more procurement areas, including Direct, Indirect, or Transformative Sourcing.
  • 1 year or more of hands-on experience using Smartsheet
  • Six Sigma Green Belt
  • 1 year or more of hands-on experience with DMAIC Methodology
  • 1 year or more of hands-on -experience with process mapping, cause-and-effect diagrams, and basic statistical analysis to identify and address process inefficiencies.
  • Understanding of a clear, fact-based view of Sourcing and Procurement organizational structure, role clarity, decision rights, and where misalignment or duplication exists.
  • Demonstrates the confidence to challenge assumptions constructively and poses critical, thought-provoking questions.
  • Experience in life sciences or pharmaceutical industry.
  • Ability and understanding 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.
  • Excellent communication, presentation, and stakeholder engagement skills.
  • Analytical skills and ability to learn statistical techniques and work independently with minimal supervision.
  • Ability to translate business problems into AI-supported solutions.
  • Advanced proficiency in Excel, PowerPoint, and data visualization tools.
  • Ability to read and manipulate data from multiple data sources.
  • Familiarity with global sourcing practices and compliance requirements.
Benefits
  • Medical
  • Dental
  • Vision
  • Life
  • STD/LTD
  • 401(k)
  • Paid Time Off (PTO) or Flexible Time Off (FTO)
  • Tuition Reimbursement
  • Employee Stock Purchase Plan
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
process mappingstatistical analysisDMAIC methodologyLean principlesdata analysisforecastingcost avoidancesourcing KPIssourcing performancefinancial impact metrics
Soft Skills
analytical skillscommunication skillspresentation skillsstakeholder engagementcollaborationcritical thinkingproblem-solvingleadershipadaptabilitydecision-making
Certifications
Bachelor's degreeSix Sigma Green Belt