LabCorp

Senior Director, Global Sourcing - Direct Laboratory Spend Category

LabCorp$150K — $180K *
Pharmaceuticals & Biotech
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, finance, supply chain, or related field.
  • 10-12 years of experience in sourcing, procurement, or supply chain.
  • 3-5 years of leadership experience managing global sourcing organizations.
  • Master's degree (MBA or related advanced degree) preferred.
  • Proven expertise in leading transformation or change initiatives in complex environments.

Responsibilities

  • Oversee the development of laboratory sourcing strategies for optimal market positioning.
  • Lead global negotiations for multi-million dollar contracts with a focus on favorable terms.
  • Implement risk management frameworks to mitigate disruptions in the vendor base.
  • Govern executive-level partnerships to drive innovation and resource access.
  • Integrate advanced procurement technologies to enhance efficiency in sourcing processes.
  • Manage departmental budgets while delivering measurable cost-saving impacts.
  • Ensure compliance with ethical standards, ESG targets, and international regulations.

Benefits

  • Comprehensive medical, dental, and vision coverage.
  • Life insurance and short/long-term disability benefits.
  • 401(k) plan eligibility for part-time and full-time employees.
  • Paid time off (PTO) or flexible time off (FTO).
  • Tuition reimbursement and employee stock purchase plan.
Full Job Description
Labcorp is seeking a hybrid Senior Director, Global Sourcing - Direct Laboratory Spend Category to join our team in Burlington, or Durham, North Carolina.

The Senior Director, Global Sourcing - Direct Laboratory Spend Category is a critical leadership role responsible for the overarching management strategy, resilience, and transformation of the global supply chain.

This role leads the global sourcing strategy for direct laboratory spend categories including instruments, reagents, consumables, collection supplies, and other mission-critical materials required to support diagnostic testing operations, ensuring supply continuity, cost competitiveness, innovation, quality, and strong strategic supplier partnerships.

The Senior Director role evolves beyond the management of individual contributors to lead a high-performing organization of global sourcing professionals. Ability to architect and execute a multi-year global sourcing roadmap aligned with enterprise growth, financial targets, and risk tolerances.

As a key strategic partner to the executive team, the Senior Director drives enterprise-level innovation, navigates complex geopolitical market dynamics, and ensures the sourcing function serves as a primary competitive advantage for the organization.

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. For more detailed information, please click here.

Working Conditions:

Hybrid - Full time, regular.
  • This hybrid role is central North Carolina-based with three days per week (Wednesday is mandatory) supporting both collaboration and flexibility on-site in Burlington or Durham, NC.
  • The remainder of the schedule is remote
  • Travel is 10% to other sites and supplier facilities. Laboratory environments, in areas that contain biologic and chemical hazards (with use of personal protective equipment), are occasionally required.
  • Oversees a global team of 10 - 12 sourcing professionals.


Job responsibilities:
  • Oversee the development of comprehensive Direct category Laboratory strategies, ensuring best in-class market positioning.
  • Lead the global sourcing strategy for direct laboratory spend categories including instruments, reagents, consumables, collection supplies, and other mission-critical materials required to support diagnostic testing operations, ensuring supply continuity, cost competitiveness, innovation, quality, and strong strategic supplier partnerships.
  • Implement rigorous risk management frameworks to identify and mitigate potential disruptions within the global vendor base.
  • Lead the global negotiation of business-critical, multi-million dollar contracts, focusing on favorable terms, liability protection, and service level agreements (SLAs).
  • Governance for executive-level relationships with "tier one" global partners to drive innovation and priority access to resources.
  • Champion the integration of advanced procurement technologies (AI, automation, ERP systems) to streamline the "source-to-pay" process.
  • Manage the departmental budget and deliver measurable "bottom-line" impact through realized savings and value add initiatives and Enterprise-level Total Cost of Ownership (TCO) and working capital optimizations.
  • Ensure all global sourcing activities adhere to ethical standards, ESG (Environmental, Social, and Governance) targets, and international trade regulations.
  • Lead cross functional teams to develop and ensure global mindset and overall strategy for the enterprise.


Minimum Qualifications
  • Bachelor's degree in business, finance, supply chain, or other related field.
  • 8-10 years of experience in leading the global sourcing strategy for direct laboratory spend categories including instruments, reagents, consumables, collection supplies, and other mission-critical materials required to support diagnostic testing operations, ensuring supply continuity, cost competitiveness, innovation, quality, and strong strategic supplier partnerships.
  • 3-5 years of leadership experience managing global sourcing organizations.


Preferred Qualifications
  • Master's degree (MBA or related advanced degree)
  • 5+ years of experience leading large-scale transformation, procurement excellence, operating model, or organizational change initiatives.
  • 7+ years of experience working in complex global, multinational, matrixed, or highly regulated environments (e.g., healthcare, life sciences, diagnostics, pharmaceuticals, biotechnology, financial services, or manufacturing).


Additional Job Standards
  • In lieu of a Bachelor's degree, 14 years of progressive experience in sourcing, procurement, or supply chain.
  • Ability to communicate strategic guidance to multiple categories.
  • Proven leadership and change management expertise in building BIC Global S&P team.
  • Ability to connect global market shifts to long-term business health and supply chain stability.
  • Expertise in leading large teams through organizational shifts, digital transformations, or M&A integrations.
  • Navigating complex internal politics to gain buy-in for high spend initiatives from C-suite executives.
  • Mastery of the "Strategic Sourcing Methodology" to manage diverse spend portfolios effectively.
  • Deep understanding of international legal frameworks, indemnification, and intellectual property rights in global trade.
  • Interpreting global indices, currency fluctuations, and geopolitical events to forecast supply impact.
  • Proficiency in TCO (Total Cost of Ownership) modeling, EBITDA impact analysis, and CAPEX/OPEX budgeting.
  • Using spend analytics and BI tools to identify "leakage" and untapped savings opportunities.
  • Ability to build "what-if" scenarios and business continuity plans for high-risk regions.
  • Maintaining composure and securing win-win outcomes during multi-million dollar, multi-party deals.
  • Effectively managing relationships and teams across different time zones, languages, and business customs.
  • Unwavering commitment to anti-corruption standards, fair labor practices, and transparency.


About LabCorp

LabCorp is a leading global life sciences company that is deeply integrated in guiding patient care through its comprehensive clinical laboratory and end-to-end drug development services. The company provides diagnostic, drug development and technology-enabled solutions for more than 160 million patient encounters annually.
Learn more about LabCorp
Size
70,000 employees
Market Cap
$20.6 billion
Industry
Net Income
$1.5 billion
Founded
1976
5 Year Trend
+11%
Revenue
$13.9 billion

Similar Jobs

More Jobs at LabCorp

More Pharmaceuticals & Biotech Jobs

Find similar Senior Director, Global Sourcing - Direct Laboratory Spend Category jobs: