Senior Strategic Sourcing Specialist

2 weeks ago

Singapore beBeeStrategist Full time $90,000 - $120,000
Job Description

As a Senior Sourcing Manager, you will contribute to the dynamic Indirect Sourcing and Procurement team. Your role will involve analyzing, evaluating, and synthesizing information from internal and external sources to solve problems and make informed decisions.

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.

As a member of cross-departmental teams, your role will include all stakeholders in the decision-making process, reporting to the Executive Director, Sourcing of Indirect Sourcing and Procurement.

Key responsibilities include:

  • Displays competencies and knowledge in contract development, including key contracting principles, standard terms, laws/regulations, and industry standards.
  • Drafts, redlines, reviews, and negotiates Indirect Sourcing category vendor contracts, including Master Services Agreements, Statements of Work, Renewals, etc.
  • Applies advanced sourcing methodologies to develop negotiating strategies that enable effective negotiations, vendor management, and process improvement.

Additionally, your role will involve managing vendor relationships, mitigating risk through review of legal and business terms, executing legal documentation, and building strong partnerships with internal stakeholders to identify new opportunities for negotiated cost savings and measure business impact.

Required Skills and Qualifications

The ideal candidate will possess:

  • A degree in Supply Chain, Business Management, or a related field.
  • Minimum of 5 years' experience with Project Management of Indirect Sourcing and Procurement.
  • Ability to regularly collaborate with Sourcing leadership and other leaders leveraging S&P skills, project best practices, and outcomes.
Benefits

Labcorp offers:

  • An equal opportunity employer policy.
  • Employment decisions based on the needs of the business and qualifications and merit of the individual.

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