Senior Manager - Global Sourcing & Procurement
The Senior Manager - Global Sourcing & Procurement position is responsible for management of major Human Resources (HR) and Professional Services category vendor agreements.
Expectations for this business relationship manager position includes contract negotiation, supplier selection and performance, acquisition integration, requests for proposals, compliance monitoring, corporate project roll-outs, synergy savings, etc. with respect to HR and Professional Services category vendors. This position analyzes, evaluates, synthesizes and interrelates information from internal and external sources when solving problems and making decisions.
What to Expect:
Displays competencies and knowledge in contract development, including key contracting principles, standard terms, laws/regulations, and industry standards.
Drafts, red-lines, reviews, and negotiates HR and Professional Services category vendor contracts including, but not limited to, Master Services Agreements, Consulting 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.
Manages and maintains 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.
Builds strong partnerships with internal stakeholders to identify new opportunities for negotiated cost savings and measure business impact.
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.
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.
This position will be a member of cross departmental teams that will include all stakeholders in the decision making process.
Education and Qualifications
BA or BS with a minimum of 5+ years’ experience in managing strategic sourcing projects, IT contracting and professional services contracting.
Professional designations/certifications/licenses: CPSM or equivalent work experiences, preferred
Up to date knowledge of best procurement practices
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.
Ability to identify critical success factors when developing strategy and plans.
Ability to weigh and appropriately balance technological, market, competitive, and organizational factors in order to achieve competitive advantage.
Proven experience using diverse perspectives when developing plans and making decisions and consider possible outcomes of alternative courses of action.
Regional and/or global sourcing responsibilities for spend categories
Proven negotiation and of key contractual terms
Proven communication skills with all levels of management to include HR, technology, operations, finance, and legal.
Labcorp is proud to be an Equal Opportunity Employer:
As an EOE/AA employer, the organization will not discriminate in its employment practices due to an applicant's race, age, color, religion, sex, national origin, sexual orientation, gender identity, disability or veteran status.