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Strategic Global Project Manager - Indirect Sourcing

AT Labcorp
Labcorp

Strategic Global Project Manager - Indirect Sourcing

Burlington, NC

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.

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. For more detailed information, please click here.

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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 7 years' experience with strategic global sourcing, preferably for indirect goods and services contracting.
  • 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 decision makers

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. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law.

We encourage all to apply

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Client-provided location(s): Burlington, NC, USA
Job ID: labcorp-2446389_1720682538
Employment Type: Other

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
  • 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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