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- Tasks: Lead sourcing initiatives and collaborate with teams to enhance supplier performance.
- Company: Join Labcorp, a global leader in drug development impacting millions of lives.
- Benefits: Enjoy remote work flexibility and the chance to make a real difference.
- Why this job: Be part of life-saving work while developing your skills in a dynamic environment.
- Qualifications: Bachelor's degree preferred with 5+ years in business or supply chain.
- Other info: Labcorp values diversity and inclusion, welcoming applicants from all backgrounds.
The predicted salary is between 36000 - 60000 £ per year.
Labcorp Huntingdon, England, United Kingdom
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Labcorp Huntingdon, England, United Kingdom
11 hours ago Be among the first 25 applicants
Join to apply for the Strategic Sourcing Manager role at Labcorp
Come join a global leader in drug development and take your career to the next level as a Strategic Sourcing Manager at Labcorp!
Labcorp’s work in developing new pharmaceutical solutions has an incredible impact on the lives of millions of patients worldwide, helping transform great science into great medicines. Be a part of this life-saving work!
This is a remote UK based position and travel may be required within the UK on occasion subject to business needs.
Position Summary
The Strategic Sourcing Manager plays a critical role in driving sourcing initiatives and supporting the Global Sourcing team in executing strategic procurement activities. This position requires a strong understanding of sourcing fundamentals, contract facilitation, and documentation. The position will work independently and in collaboration with Sourcing Managers to lead elements of the end-to-end sourcing process, analyze and report Supplier Performance data, and contribute to cross-functional initiatives across multiple categories, particularly within the area of Construction/Building-Facilities and General Services.
This role is well-suited for a resourceful, action-oriented professional who brings sourcing expertise, demonstrates sound negotiation acumen, and is ready to manage smaller tail-spend suppliers with minimal oversight. The ideal candidate will be proactive, detail-driven, and capable of making immediate contributions in a dynamic sourcing environment.
Duties Include
- Facilitate the execution of confidentiality and evaluation agreements with suppliers, ensuring compliance with company standards and contributing to secure, high-performing supplier relationships.
- Ensure timely supplier onboarding and contract finalization, working closely with internal teams to streamline processes and ensure a secure, uninterrupted supply chain.
- Ability to independently lead/collaborate with cross-functional teams (Legal, Finance, Science & Technology) to ensure alignment and smooth execution of strategic sourcing initiatives, providing critical support throughout the process.
- Partner with assigned Sourcing Managers to develop negotiation strategies, independently compile necessary documentation, and conduct impact analyses to drive informed decision-making and favourable negotiation outcomes.
- Monitor and analyse key supplier performance indicators (KPIs), identifying trends and opportunities to enhance sourcing effectiveness, improve supplier performance, and drive continuous improvement.
- Manage and foster supplier relationships, working closely with internal stakeholders to address issues, optimize performance, and contribute to long-term, value-driven partnerships.
- Ability to manage a project or small team from initiation to closure.
Minimum Education Required
- A Bachelor’s degree is usually required with 5+ years of experience in business, finance, supply chain, or life science field.
- Equivalent Experience: 5 – 7+ of relevant experience in a similar role may be considered in lieu of Bachelor’s or equivalent degree. Demonstrated ability to manage multiple tasks efficiently, ensuring timely delivery with attention to detail.
Preferred Qualifications
- Bachelor\’s degree in business, finance, supply chain, life science, or other related field.
- CIPS Certification.
Skills Competencies
- Excellent communication and interpersonal skills.
- Proficiency in Microsoft Office necessary to complete daily tasks: Excel to complete impact analysis and proposals in a format to allow data-driven decisions, Word to facilitate contract redlines, Outlook for email processing.
- Strategic mindset with the ability to translate and format data into actionable insights as it pertains to Supplier trends and negotiations across the enterprise.
- Ability to identify and resolve gaps during supply chain disruptions, mitigate risks, and implement contingency plans.
- Ability to decide when to escalate situations to appropriate team members as they pertain to issues related to communicating with suppliers, conducting supplier onboarding and assessments, and monitoring and tracking supplies across Labcorp enterprise.
- Ability to work remotely with high performance and ethical standards.
- Ability to adapt to global team time zones and network with teammates from multiple cultural backgrounds.
- Emerging business case modeling and quantitative analysis skills.
- Technology savvy to effectively use technology tools (ERP, sourcing tools, contracting tools such as iCertis) for improved outcomes.
Why People Choose To Work At Labcorp
At Labcorp, it is our people that make us great – it is what our clients, our partners and, most importantly, what our employees say. Here, you will have the opportunity to collaborate with extraordinary people with diverse viewpoints. You will discover your own outstanding potential as we build an even stronger organization with industry leaders from drug discovery to the clinic and beyond. We help our clients develop medicines that improve health and improve the lives of their family and friends.
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.
We encourage all to apply
If you are an individual with a disability who needs assistance using our online tools to search and apply for jobs, or needs an accommodation, please visit our accessibility site or contact us at Labcorp Accessibility. For more information about how we collect and store your personal data, please see our Privacy Statement.
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Strategic Sourcing Manager employer: Labcorp
Contact Detail:
Labcorp Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Strategic Sourcing Manager
✨Tip Number 1
Familiarise yourself with Labcorp's mission and values. Understanding their focus on drug development and patient care will help you align your responses during interviews, showcasing how your experience as a Strategic Sourcing Manager can contribute to their goals.
✨Tip Number 2
Network with current or former employees of Labcorp on platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights into the company culture and expectations, which you can leverage in your application process.
✨Tip Number 3
Prepare to discuss specific examples of your sourcing strategies and supplier management experiences. Being able to articulate your past successes and how they relate to the responsibilities of the role will demonstrate your capability and readiness for the position.
✨Tip Number 4
Stay updated on industry trends related to procurement and supply chain management, especially within the healthcare sector. This knowledge will not only enhance your discussions during interviews but also show your commitment to continuous improvement and strategic thinking.
We think you need these skills to ace Strategic Sourcing Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in strategic sourcing, procurement, and supplier management. Use keywords from the job description to demonstrate that you meet the qualifications Labcorp is looking for.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Labcorp's mission and how your skills align with the role. Mention specific examples of your past achievements in sourcing and negotiation that relate to the responsibilities outlined in the job description.
Highlight Relevant Skills: In your application, emphasise your proficiency in Microsoft Office, particularly Excel and Word, as well as any experience with ERP or sourcing tools. This will show Labcorp that you have the technical skills necessary for the role.
Showcase Your Communication Skills: Since the role requires excellent communication and interpersonal skills, provide examples in your application of how you've successfully collaborated with cross-functional teams or managed supplier relationships in the past.
How to prepare for a job interview at Labcorp
✨Understand the Role
Before the interview, make sure you thoroughly understand the responsibilities of a Strategic Sourcing Manager. Familiarise yourself with sourcing fundamentals, contract facilitation, and supplier performance metrics, as these will likely be key discussion points.
✨Showcase Your Negotiation Skills
Prepare examples of past negotiations you've led or been involved in. Highlight your strategies and the outcomes, demonstrating your ability to drive favourable results while maintaining strong supplier relationships.
✨Be Data-Driven
Since the role involves analysing supplier performance data, come prepared to discuss how you've used data to inform decisions in previous roles. Be ready to explain your approach to impact analysis and how it can benefit the company.
✨Demonstrate Cross-Functional Collaboration
The position requires working with various teams such as Legal and Finance. Share experiences where you've successfully collaborated across departments, showcasing your ability to align goals and streamline processes.
