Sourcing and Procurement Transformation Analyst

Labcorp is seeking a hybrid Sourcing and Procurement Transformation Analyst to join our team in Burlington, North Carolina.

Work Schedule

• Hybrid schedule: three days on-site in Burlington, NC (Wednesday required), two days remote
• Flexibility to support stakeholders across multiple time zones as needed
  
  

Job Responsibilities

• Identifies true process, governance, and handoff inefficiencies and converts them into prioritized, actionable recommendations.
• Enhances end-to-end visibility across sourcing, procurement, and adjacent functions by mapping processes, identifying gaps, and implementing tools and dashboards that improve transparency and alignment.
• Standardizes processes and clarifies ownership by assessing regional and cross‑functional workflows, defining clear accountability, and driving adoption of consistent, scalable operating practices.
• Shifts the organization from reactive to proactive operations by analyzing demand signals, identifying trends, and recommending forward‑looking strategies that shape the sourcing agenda rather than respond to it.
• Synthesizes fragmented inputs into a unified operating model by consolidating data, insights, and stakeholder feedback into cohesive recommendations, frameworks, and narratives that support decision‑making and transformation.
• Accelerates decision‑making quality and speed by providing data‑driven insights, standardized reporting, and clear visibility into sourcing performance, risks, and opportunities.
• Elevates process discipline and execution excellence by promoting Lean principles, driving continuous improvement initiatives, and reinforcing best‑practice sourcing methodologies across the organization.
• Creates, maintains and optimizes Smartsheet dashboards and statistical control charts for tracking/trending hard savings, cost avoidance, rebates, and sourcing KPIs.
• Leverages AI-driven tools to identify process inefficiencies, generate data to back recommendations that accelerate decision-making, monitor contract compliance, Supplier management and improve operational performance.
• Ensures data accuracy and integrity across global sourcing initiatives.
• Monitors and reports on realized savings, cost avoidance, and rebate programs across all sourcing categories.
• Forecasts and trends financial impacts including price increases and tariff implications on global operations.
• Leads and facilitates strategic collaboration meetings with Finance leaders and category managers across Direct, Indirect and Transformative Sourcing sub-categories.
• Develops compelling executive-level presentations and dashboards that highlight sourcing achievements, financial impact, and strategic initiatives.
• Works collaboratively with diverse functional stakeholders and understands key roles and responsibilities.
  
  

Minimum Qualifications

• Bachelor’s degree in Supply Chain Management, Logistics, Data Analysis, International Business or related field
• 2 years or more experience in one or more procurement areas, including Direct, Indirect, or Transformative Sourcing.
  
  

Preferred Qualifications

• 1 year or more of hands-on experience using Smartsheet
• Six Sigma Green Belt
• 1 year or more of hands-on experience with DMAIC Methodology
• 1 year or more of hands-on -experience with process mapping, cause-and-effect diagrams, and basic statistical analysis to identify and address process inefficiencies.
  
  

Additional Job Standards

• Understanding of a clear, fact-based view of Sourcing and Procurement organizational structure, role clarity, decision rights, and where misalignment or duplication exists.
• Demonstrates the confidence to challenge assumptions constructively and poses critical, thought‑provoking questions.
• Experience in life sciences or pharmaceutical industry.
• Ability and understanding to forecast and trend hard savings, cost avoidance, rebates, and all other financial impact metrics related to Sourcing negotiations.
• Proven ability to lead cross-functional meetings with Finance and Sourcing Category Teams. Excellent communication, presentation, and stakeholder engagement skills
• Demonstrated ability to identify inefficiencies and drive process improvement initiatives across sourcing operations.
• Analytical skills and ability to learn statistical techniques and work independently with minimal supervision. Ability to translate business problems into AI‑supported solutions.
• Advanced proficiency in Excel, PowerPoint, and data visualization tools. Ability to read and manipulate data from multiple data sources.
• Familiarity with global sourcing practices and compliance requirements.
  
  

Why You Should Apply

This role offers an unparalleled opportunity to be a key contributor in the Labcorp journey towards Sourcing and Procurement excellence within Global Sourcing. Your expertise will have a significant impact and contribution to our mission of Improving Health and Improving Live

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. 

Able to pass a standardized color blindness test.

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.