Strategic Sourcing Manager

1 day ago

Singapore beBeeSourcing Full time
Job Description">

As a key member of our dynamic Indirect Sourcing and Procurement team, you will play a pivotal role in driving strategic decision-making and process improvement. Your responsibilities will encompass analyzing and evaluating information from internal and external sources to inform problem-solving and decision-making. You will identify critical success factors when developing strategy and plans, weighing and balancing technological, market, competitive, and organizational factors to achieve a competitive advantage.

Your Indirect Sourcing and Procurement role will be an integral part of cross-departmental teams that include all stakeholders in the decision-making process. This role reports directly to the Executive Director, Sourcing of Indirect Sourcing and Procurement, and requires diverse perspectives when developing plans and making decisions, considering possible outcomes of alternative courses of action.

Required Skills and Qualifications">

Displays competencies and knowledge in contract development, including key contracting principles, standard terms, laws/regulations, and industry standards.

Drafts, reviews, and negotiates Indirect Sourcing category vendor contracts, including Master Services Agreements, Statements of Work, Renewals, etc.

Applies advanced sourcing methodologies, including RFx sourcing processes, to develop negotiating strategies that enable effective negotiations, vendor management, and process improvement.

Manages and optimizes supplier performance, including contract compliance, continuous improvement, innovations, and reduction in total cost of ownership.

Works with Legal department to mitigate risk through the review of both legal and business terms.

Executes legal documentation ensuring compliance with legal requirements.

Builds strong partnerships with internal stakeholders to identify new opportunities for negotiated cost savings and measure business impact.

Collaborates with cross-functional teams to ensure sourcing strategy aligns with business requirements.

Communicates effectively with vendors, customers, and senior management.

Prepares presentations on project/category savings and category spend analysis for Leadership and user groups.

Benefits">

This role offers a unique opportunity to work with a dynamic team, drive strategic decision-making, and contribute to process improvement initiatives.

The ideal candidate will possess excellent analytical skills, effective communication skills, negotiation skills, and a proven ability to manage risks and develop strategic thinking.

A bachelor's degree in Supply Chain, Business Management, or a related field is required, along with at least 5 years' experience in Project Management of Indirect Sourcing and Procurement.

Preferred qualifications include 7 years of experience in Project Management of Indirect Sourcing & Procurement for Indirect goods and services, contracting.

Others">

Labcorp is proud to be an Equal Opportunity Employer, striving for inclusion and belonging in the workforce and not tolerating harassment or discrimination of any kind.

We make employment decisions based on the needs of our business and the qualifications and merit of the individual.

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