Sr. Category Manager, Global Sourcing
Labcorp
Burlington, NC; Durham, NCHybridPosted 1 day ago
Full TimeSenior LevelOperations & Supply ChainDiagnostics
Summary
LabCorp is seeking a Sr Category Manager, Global Sourcing to join the Sourcing & Procurement organization to support LabCorp's Facilities Management & Real Estate and Physical Security transformation. The Senior Category Manager, Global Sourcing is a senior individual contributor accountable for building and managing executive level business partnerships and becoming a trusted advisor, managing a complex portfolio of global suppliers.
Job description
Core Responsibilities
- Continuously monitor industry trends, emerging technologies, supplier innovations and market dynamics across assigned categories to identify opportunities for cost optimization, service enhancement, risk mitigation and value creation
- Become a trusted advisor and partner to key business stakeholders at the executive level
- Develop (sub)Category Strategies based on business needs and market opportunities
- Adapt sourcing strategies and priorities in response to changing business requirements, market conditions, organizational objectives and supply chain disruptions
- Own end-to-end management of applicable strategic supplier portfolio
- Translate market intelligence into actionable category strategies that support business objectives and strengthen competitive advantage
- Lead complex negotiations, including global and high value agreements
- Drive supplier performance against KPIs (cost savings, service, quality, risk mitigation)
- Conduct and lead Quarterly Business Reviews (QBRs)
- Identify supply risks, market trends, and innovation opportunities
- Partner with Sourcing CoE to enforce governance compliance and sourcing standards
- Develop and present business cases and supplier strategies for leadership approval
- Maintain deep knowledge of the assigned spend category, associated supplier offerings, and market trends
- Drive innovation in global sourcing practices to enhance efficiency and effectiveness
- Maintain a deep understanding of contract terms and conditions with the ability to develop and execute long term strategies
- Effectively manage supplier relationships to achieve favorable negotiations, contract terms with aggressive pricing, minimized risks, mitigated price increases, and additional savings opportunities
- Communicate regularly with internal stakeholders to ensure alignment on sourcing activities and strategy
- Facilitate cross-functional sourcing projects and drive strategic initiatives
- Provide mentorship and training to Global Sourcing Managers and Sourcing Specialist
Minimum Qualifications
- Bachelor's degree in business, finance, engineering, supply chain, life science or related field
- 6+ years sourcing experience in Facilities Management, Real Estate, and Physical Security related categories
- 11+ years of equivalent experience in lieu of Bachelor's degree
Preferred Qualifications
- Experience building and implementing an IFM (Integrated Facilities Management) model across a large enterprise
- Understanding of the General Contractor market nationally, regionally, and locally (in the US)
- Experience sourcing and managing Architecture & Engineering services
- Experience leading cross-functional teams for large scale projects and/or process improvement initiatives
- Proven track record of success with large, complex global supplier negotiations and management
- Experience in navigating and mitigating challenging global supply chain networks and disruptions
- ISM or similar certification preferred
Requirements
- Bachelor's degree in business, finance, engineering, supply chain, life science or related field
- 6+ years sourcing experience in Facilities Management, Real Estate, and Physical Security related categories
- 11+ years of equivalent experience in lieu of Bachelor's degree
- End to end supply chain/total cost of ownership perspective
- Ability to create business cases and influence cross functional leaders
- Demonstrated understanding of capital request and review processes
- Deep knowledge and ownership of supplier portfolio
- High autonomy in supplier portfolio decision-making
- Strategic influence without people leadership
- Strong ability to translate category strategy into supplier level execution plans
- Deep expertise in managing moderate-high complex global supplier relationships
- Ability to independently identify risk, opportunity, and performance gaps
- Proven success negotiating complex, high-value global contracts
- Strong capability in contract structuring, terms, and risk mitigation
- Ability to achieve balanced outcomes across cost, service, and innovation
- Ability to interpret supplier data, market trends, and performance metrics
- High level of independent decision-making within strategic guardrails
- Ability to manage multiple complex supplier initiatives simultaneously
- Strong accountability for supplier outcomes and performance delivery
- Ability to act as a trusted advisor to senior stakeholders
- Strong communication skills across technical and business audiences
- Effective cross-functional collaboration (Legal, Finance, Operations, etc.)
- Ability to leverage CoE analytics and reporting to drive decisions
- Ability to develop strategy for assigned portfolio of suppliers
- Emerging stakeholder management abilities
- Strong understanding of global supply chain dynamics
- Deep understanding of contract terms and conditions
- Proven record of negotiation skills for complex global contracts
- Strong problem-solving abilities
- Critical and analytical understanding of financials
- Ability to manage multiple projects independently as well as in a team environment
- 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
- Advanced business case modeling and quantitative analysis skills
- Technology savvy to effectively use technology tools (ERP, sourcing tools, contracting tools such as Certis)
Benefits
- Medical, Dental & Vision
- Life Insurance
- STD/LTD
- 401(k)
- Paid Time Off (PTO)
- Flexible Time Off (FTO)
- Tuition Reimbursement
- Employee Stock Purchase Plan
- Annual Bonus
Company overview
Labcorp (Laboratory Corporation of America Holdings) is a global leader in life sciences and diagnostics, providing comprehensive clinical laboratory services and end-to-end drug development solutions. Founded in 1978 and headquartered in Burlington, North Carolina, the company operates one of the world's largest clinical laboratory networks, serving patients, physicians, hospitals, and pharmaceutical companies worldwide. Labcorp's services encompass a wide range of diagnostic testing, including routine and esoteric tests, as well as clinical trial management, central laboratory services, and biomarker development. The company plays a critical role in healthcare by delivering vital information that enables better medical decisions, supports drug development, and improves patient outcomes. With a strong focus on innovation and technology, Labcorp continues to advance precision medicine and transform healthcare through data-driven insights.