Sourcing Specialist II - Indirect Sourcing

Labcorp•Burlington, NC

6d•Hybrid

About The Position

This Sourcing Specialist - Indirect Sourcing position is responsible for managing assigned suppliers within the Indirect Sourcing category. 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 considering 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. 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. For more detailed information, please click here. What to Expect Hybrid work schedule: Work in Burlington, NC office 3 days per week supporting both collaboration and support. Days: Monday through Friday Hours: 8 am to 5 pm

Requirements

Associate degree
2–4 years of relevant experience in sourcing, procurement, or supply chain operations.
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
Legal knowledge: understanding commercial contracts and ability to interpret clauses and negotiate best outcome
Ability to complete analytical evaluations to be presented to senior leadership
Demonstrated ability to manage multiple tasks efficiently, ensuring timely delivery with attention to detail.

Nice To Haves

Bachelor’s degree in finance, supply chain, or a related field.
Professional designations/certifications/licenses: CPSM or MCIPS

Responsibilities

Assist in the execution of confidentiality and evaluation agreements with suppliers, ensuring compliance with company standards and supporting secure supplier relationships.
Support timely supplier onboarding and contract processing by coordinating with internal teams to maintain smooth workflows and minimize delays.
Collaborate with cross-functional teams (Legal, Finance, Science & Technology) under guidance from senior staff to ensure alignment and assist with sourcing activities.
Provide administrative and analytical support to Sourcing Managers during negotiations, including preparing documentation and gathering data for decision-making.
Track and report supplier performance metrics (KPIs) as directed, helping identify issues and opportunities for improvement.
Maintain regular communication with suppliers and internal stakeholders to resolve routine issues and support positive working relationships.
Participate in projects as a team member, contributing to tasks and deliverables under the direction of a project lead.