LabCorp

Senior Director, Global Sourcing - Labcorp Solutions

LabCorp$130K — $180K *
Healthcare
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 - Labcorp Solutions to join our team in Burlington, or Durham, North Carolina.

The Senior Director. Global Sourcing - Labcorp Solutions is a critical leadership role responsible for the overarching management strategy, resilience, and transformation of the global supply chain. This 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. Casual, PRN & Part Time employees regularly scheduled to work less than 20 hours are eligible to participate in the 401(k) Plan only. 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 negotiation of business-critical, multi-million dollar contracts, focusing on favorable terms, liability protection, and service level agreements (SLAs).
  • Implement rigorous risk management frameworks to identify and mitigate potential disruptions within the global vendor base.
  • 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.
  • 10-12 years of experience in sourcing, procurement, or supply chain.
  • 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

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