Senior Director, Global Sourcing - Labcorp Solutions
Covance Inc.
Labcorp is a global leader in laboratory services, providing the insights and answers that help healthcare providers, patients, researchers, pharmaceutical companies and health systems make confident decisions and improve outcomes. Through our unparalleled science, data, technology and laboratory network, we advance diagnostics, accelerate innovation and help address some of the world’s most important health challenges. As we shape the future of healthcare, we are leveraging advanced technologies, intelligent digital solutions and data-driven innovation across our operations to enhance how work gets done and deliver greater value to customers and patients. With our global scale and deep expertise, you’ll have the opportunity to do meaningful work, grow your career and make a real impact on people’s health around the world. Together, we’re improving health and improving lives.
Labcorp is a global leader in diagnostic testing and drug development solutions, helping healthcare providers, researchers, and patients make informed decisions that advance care. Join us in our mission to improve health and improve lives. Apply today!
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. 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 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.
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
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