Sourcing and Procurement Buyer

Labcorp is a global leader in laboratory services, providing insights and answers that help healthcare providers, patients, researchers, pharmaceutical companies, and health systems make confident decisions and improve outcomes. Through unparalleled science, data, technology, and a vast laboratory network, we advance diagnostics, accelerate innovation, and address critical health challenges. By leveraging advanced technologies and data-driven solutions, we enhance operational efficiency and deliver greater value to customers and patients. This role offers the opportunity to contribute meaningfully, grow your career, and impact global health.

About the role

Labcorp is seeking a hybrid Sourcing and Procurement Buyer to join our team in Burlington, NC. This full-time, exempt (salaried) position supports both collaboration and flexibility, with a minimum of three in-office days per week (Wednesdays are mandatory).

Responsibilities

• Collect and coordinate pricing information from approved suppliers using a three-bid-buy methodology to support competitive and compliant purchasing decisions.
• Process purchase orders in alignment with established corporate procurement policies, procedures, and approval requirements.
• Ensure all purchasing transactions—including purchase orders, supplier setups, and location setups—are accurate, compliant, and audit-ready.
• Minimize downstream issues such as match exceptions, invoice holds, and product returns by maintaining high data accuracy and transaction quality.
• Support business continuity by processing requisitions and performing timely supplier follow-ups within defined service-level agreements (SLAs).
• Apply standardized procurement processes consistently across all transactions to ensure efficiency, compliance, and predictability.
• Maintain proactive, professional communication with internal and external stakeholders, including suppliers, Business Relationship Managers (BRMs), Accounts Payable (AP), IT, operational locations, and leadership teams.
• Manage special order requests and resolve discrepancies related to pricing, units of measure (UOM), or delivered quantities.
• Support vendor onboarding activities and assist with Capital Expenditure Projects (CEPs) as required.
• Participate in cross-functional teams to resolve purchase order–to–invoice issues, improve supplier reliability, and enhance overall procure-to-pay performance.

Requirements

• High school diploma.
• 1 year or more experience in operational procurement: executing the buying process, including generating purchase orders (POs), supplier onboarding, and three-way matching (PO, receipt, invoice).
• Basic Microsoft Excel proficiency: data management, basic formulas and functions, formatting, data organization, basic visuals, and printing.

Qualifications

• Associate’s degree (preferred).
• Prior or current Labcorp experience in Patient Service Centers, Warehouses, and Operations demonstrating operational sourcing and procurement by managing day-to-day purchasing activities that directly support patient services and laboratory operations (preferred).
• 1 year or more experience in Inventory Management: forecasting and planning, supplier relationship and performance management, inventory control and optimization, data analysis and reporting, cost reduction and working capital efficiency, and risk mitigation (preferred).
• Proficiency in Oracle Fusion Cloud or similar procurement software: managing POs, supplier collaboration, sourcing events, and procurement analytics (preferred).

Skills

• Strong attention to detail and commitment to transactional accuracy.
• Working knowledge of procurement and procure-to-pay processes.
• Effective communication and customer service skills.
• Ability to manage multiple priorities within defined timelines.
• Collaborative mindset with the ability to work across functional teams.

Benefits

Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits, including:

• Medical, dental, and vision coverage.
• Life, short-term disability (STD), and long-term disability (LTD) insurance.
• 401(k) retirement plan.
• Paid Time Off (PTO) or Flexible Time Off (FTO).
• Tuition reimbursement.
• Employee Stock Purchase Plan.

Employees regularly scheduled to work less than 20 hours, casual, intern, and temporary employees are eligible only for the 401(k) plan. Employees on a 7-on/7-off schedule receive all benefits except PTO or FTO.

Schedule

• Full-time, exempt (salaried) position.
• First Shift: Monday through Friday, 8:00 a.m. to 5:00 p.m. in your time zone.
• Hybrid schedule with a minimum of three in-office days per week in Burlington, NC (Wednesdays are mandatory).
• Occasional flexibility in work hours may be required based on business needs, with reasonable notice provided when possible.