Executive Director, Global Sourcing and Procurement – Indirect Category

Posted 23 Days Ago
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4 Locations
In-Office or Remote
Senior level
Healthtech • Biotech
The Role
The Executive Director, Sourcing & Procurement oversees global indirect sourcing, develops category strategies, leads a team, optimizes supplier relationships, and ensures compliance with regulations.
Summary Generated by Built In

Labcorp is seeking an Executive Director, Sourcing and Procurement – Indirect Category to join our team in the Burlington NC or Raleigh/Durham NC location.

Work Schedule: Full time, hybrid role (with normally three days per week on-site), Monday-Friday 8a-5p.  Alternative and additional hours, including cross-time zones, evening, nights, and weekends (including on-call) is occasionally required.

Up to 25% travel (domestic and international) may be required.

Job Responsibilities

  • Provide executive leadership for global indirect sourcing and procurement across multiple categories, including but not limited to HR, Professional Services, IT goods and services, logistics, packaging, travel, facilities, general services and third party laboratories.
  • Develop and execute multi-year category strategies aligned with enterprise financial, operational, and growth objectives.
  • Drive margin improvement initiatives through strategic sourcing, demand management, supplier consolidation, and commercial negotiations.
  • Lead and develop a geographically dispersed team, fostering a high-performance culture focused on people development, leadership capability, analytics, and negotiation excellence.
  • Serve as a strategic advisor and business partner to senior stakeholders across Finance, Legal, Compliance, HR, IT, Operations, and business leadership.
  • Establish and maintain effective sourcing governance, policies, procedures, and standard operating models in collaboration with key stakeholders.
  • Oversee complex supplier relationships, including vendors with long-standing MSAs and multiple SOWs, ensuring commercial optimization, risk mitigation, and contract compliance.
  • Partner with Legal, Compliance, and Third-Party Risk Management (TPRM) teams to ensure adherence to regulatory, ethical, and risk standards.
  • Leverage sourcing tools, contracting platforms, ERP systems, analytics, and benchmarking resources to enable data-driven decision-making and transparency.
  • Lead cross-functional sourcing initiatives associated with enterprise transformation, system implementations, and process standardization.
  • Monitor market trends, supplier innovation, and industry best practices to continuously improve sourcing outcomes and capabilities.

Minimum Qualifications

  • Bachelor’s degree in Business, Supply Chain, Finance, Operations
  • 12 or more years of progressive experience in sourcing, procurement, or supply chain, with significant leadership responsibility.

Preferred Qualifications

  • Master’s degree
  • Certification in CPSM, CIPS or PMP

Additional Job Standards

  • Demonstrated experience leading complex, multi-category indirect sourcing organizations in a large, matrixed, global environment.
  • Proven track record of delivering measurable cost savings, margin improvement, and enterprise value through strategic sourcing initiatives.
  • Experience leading sourcing transformations, ERP or contract lifecycle management (CLM) implementations, or operating model redesign
  • Strategic leadership with the ability to influence and align senior stakeholders.
  • Deep expertise in indirect sourcing, category management, and complex contract negotiations.
  • Strong people leadership skills, including talent development, coaching, and succession planning.
  • Advanced analytical and financial acumen; ability to translate data into actionable insights.
  • Exceptional communication skills, both written and verbal, across technical and executive audiences.
  • Change leadership and comfort operating in evolving, ambiguous environments.
  • Strong business judgment, integrity, and commitment to compliance and ethical standards.
  • Experience in healthcare, life sciences, diagnostics, or other highly regulated industries.

The Executive Director, Sourcing & Procurement – Indirect Category provides strategic and operational leadership for Labcorp’s global indirect sourcing and procurement activities. This role is accountable for developing and executing category strategies across a broad portfolio of indirect spend, driving margin improvement, supplier performance, risk management, and stakeholder alignment across the enterprise.

Reporting to senior Supply Chain leadership, this position leads a global, multi-disciplinary team and partners closely with Finance, Legal, Compliance, IT, HR, Operations, and business unit leaders to deliver sustainable value, standardize sourcing practices, and enable scalable growth through effective policies, tools, and governance.

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. 

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.

Top Skills

Analytics
Contracting Platforms
Erp Systems
Sourcing Tools
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The Company
HQ: Burlington, NC
19,796 Employees
Year Founded: 1978

What We Do

We believe in harnessing science for human good. And so we work day and night, around the world, to deliver answers for all your health questions—whether you’re a provider, drug developer, hospital, medical researcher or patient. That means everything from advancing diagnostic testing to helping launch new drugs, to offering new perspectives through data - all drawing from a deep well of scientific expertise. So when you need trusted information to make clear, confident health decisions, consider us your source.

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