Sourcing and Procurement Excellence Analyst

Labcorp • Burlington, NC

3d • Hybrid

About The Position

Labcorp is seeking a hybrid Sourcing and Procurement Excellence Analyst to join our team in Burlington, North Carolina. Work Schedule Hybrid schedule: three days on-site in Burlington, NC (Wednesday required), two days remote Flexibility to support stakeholders across multiple time zones as needed

Requirements

• Bachelor’s degree in Supply Chain Management, Logistics, Data Analysis, International Business or related field
• 2 years or more experience in one or more procurement areas, including Direct, Indirect, or Transformative Sourcing.
• 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.
• 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
• Demonstrated ability to identify inefficiencies and drive process improvement initiatives across sourcing operations.
• 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.

Nice To Haves

• 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.
• Experience in life sciences or pharmaceutical industry.

Responsibilities

• 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.

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.
• Employees regularly scheduled to work less than 20 hours, Casual, Intern, and Temporary employees are only eligible to participate in the 401(k) Plan.
• Employees who are regularly scheduled to work a 7 on/7 off schedule are eligible to receive all the foregoing benefits except PTO or FTO.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1-10 employees