Sr. Sourcing Manager
1 week ago
At Labcorp you will contribute as an integral part of a dynamic Sourcing and Procurement team and will be responsible for analyzing, evaluating, synthesizing and inter-relating information from internal and external sources when solving problems and making decisions. Identifying critical success factors when developing strategy and plans. Weighing and appropriately balancing technological, market, competitive, and organizational factors to achieve competitive advantage.
Your Sourcing and Procurement role will be a member of cross departmental teams that will include all stakeholders in the decision-making process.
This role reports to the Executive Director, Sourcing and Procurement, using diverse perspectives when developing plans and making decisions and considering possible outcomes of alternative courses of action.
Duties and responsibilities
- Displays competencies and knowledge in contract development, including key contracting principles, standard terms, laws/regulations, and industry standards.
- Drafts, redlines, reviews, and negotiate Direct and Indirect Sourcing category vendor contracts including, but not limited to, Master Services Agreements, Statements of Work, Renewals, etc.
- Applies advanced sourcing methodologies; to include the RFx sourcing processes; to develop negotiating strategies that enable effective negotiations, vendor management and process improvement.
- Management of vendor relationships and manage any escalated issues that involve the vendor/service provider.
- 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 and occasionally provides presentations on project/category savings and category spend analysis to Leadership and user groups.
- Be process driven and project focused with ability to prioritize and get projects completed in a timely manner while responding to the changing demands of the business and market.
- Applies best practice for data collection and analysis, risk assessment, stakeholder identification and involvement, total cost of supply, standardization of products and services, building demand plans, contract negotiations, implementation of contracts and change management.
Minimum Education and Experience, required
- Degree Qualified (BA or BS Degree in Supply Chain, Business Management, or related field, required)
- Minimum of 5 years' experience with Project Management of Direct and /or Indirect Sourcing and Procurement
- Must have the ability to regularly collaborate with Sourcing leadership and other leaders leveraging S&P skills; project best practices and outcomes.
Preferred Qualifications
- Seven years (7) of Project Management of Indirect Sourcing & Procurement for goods and services, contracting
- Professional designations/certifications/licenses: CPSM or MCIPS
Skills and Competencies
- 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
- International mindset: understand global markets and sourcing strategies for global supply chains
- Legal knowledge: understand commercial contracts and able to interpret clauses and negotiate best outcome
- Ability to complete analytical evaluations to be presented to senior leadership decision makers
Labcorp is proud to be an Equal Opportunity Employer:
Labcorp strives for inclusion and belonging in the workforce and does not tolerate 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. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law.
We encourage all to apply
If you are an individual with a disability who needs assistance using our online tools to search and apply for jobs, or needs an accommodation, please visit our accessibility site or contact us at Labcorp Accessibility. For more information about how we collect and store your personal data, please see our Privacy Statement.
-
Project Mgr V- Sr. Sourcing Manager
3 days ago
Singapore Labcorp Full timeDescription Join to apply for the Project Mgr V- Sr. Sourcing Manager role at Labcorp Join to apply for the Project Mgr V- Sr. Sourcing Manager role at Labcorp At Labcorp you will contribute as an integral part of a dynamic Indirect Sourcing and Procurement team and will be responsible for analyzing, evaluating, synthesizing and inter-relating information...
-
Project Mgr V- Sr. Sourcing Manager
2 weeks ago
Singapore Labcorp Full timeJoin to apply for the Project Mgr V- Sr. Sourcing Manager role at Labcorp Join to apply for the Project Mgr V- Sr. Sourcing Manager role at Labcorp At Labcorp you will contribute as an integral part of a dynamic Indirect Sourcing and Procurement team and will be responsible for analyzing, evaluating, synthesizing and inter-relating information from internal...
-
Singapore MSD Full timeSr Specialist Sourcing and Contracting Manager - ** Based in Singapore**, the regional hub for **Asia Pacific (AP) **and **top-ranked biopharmaceutical company on the Straits Times **and** Statista’s list of Best Employers in Singapore for two consecutive years (2020, 2021).**: - Join the** premier biopharmaceutical company** that has been **in Singapore...
-
Sr. Sourcing Manager
7 days ago
Singapore Laboratory Corporation Full timeOverview At Labcorp you will contribute as an integral part of a dynamic Sourcing and Procurement team and will be responsible for analyzing, evaluating, synthesizing and inter-relating information from internal and external sources when solving problems and making decisions. Identifying critical success factors when developing strategy and plans. Weighing...
-
Sr. Manager, Strategic Sourcing
21 hours ago
Singapore Western Digital Full time**Company Description** At Western Digital, our vision is to power global innovation and push the boundaries of technology to make what you thought was once impossible, possible. At our core, Western Digital is a company of problem solvers. People achieve extraordinary things given the right technology. For decades, we’ve been doing just that. Our...
-
Junior Sourcing Agent
2 weeks ago
Singapore Sourcing Network Asia Pte. Ltd. Full timeCompany: Sourcing Network Asia Pte. Ltd. Location: Remote (Singapore-based)Position Type: Full-Time (Flexible hours, Home Office)About Us Sourcing Network Asia Pte. Ltd. is a Singapore-based sourcing and procurement company that connects businesses with high-quality manufacturers and suppliers across Asia. We specialise in B2B sourcing, product development,...
-
Sr. Manager, Strategic Sourcing
2 days ago
Singapore Western Digital Full time $80,000 - $120,000 per yearCompany Description At Western Digital, our vision is to power global innovation and push the boundaries of technology to make what you thought was once impossible, possible.At our core, Western Digital is a company of problem solvers. People achieve extraordinary things given the right technology. For decades, we've been doing just that. Our technology...
-
Strategic Sourcing Manager
2 days ago
Singapore Moog, Inc Full time $100,000 - $150,000 per yearMoog is a performance culture that empowers people to achieve great things. Our people enjoy solving interesting technical challenges in a culture where everyone trusts each other to do the right thing. For you, working with us can mean deeper job satisfaction, better rewards, and a great quality of life inside and outside of work.Job Title:Strategic...
-
Singapore PSA Corporation Full timeSr Procurement Executive/Assistant Manager (Technology Procurement)We are seeking a results-oriented and commercially astute professional to join our team as an Sr Procurement Executive/Assistant Manager (Technology Procurement). You will be responsible for the strategic sourcing and procurement of a wide range of technology and digital solutions that...
-
Sr Executive/Asst Manager/Sr Asst Manager
2 days ago
Singapore National Healthcare Group Full time $60,000 - $120,000 per yearFamily Group: AdministrationThe ChallengesAs a Sr Executive/Asst Manager/Sr Asst Manager in Operations (Surgery), you will provide operations and administrative support to the department in managing the delivery of hospital-defined strategic goals and initiatives on clinical/development services through assistance on project management activities and...