Strategic Sourcing Specialist
1 week ago
For over 50 years, LifeLabs has been Canada’s leading provider of laboratory diagnostic information and digital health connectivity systems, enabling patients and healthcare practitioners to diagnose, treat, monitor and prevent disease. We are passionate about empowering healthier Canadians through accessible, accurate, and innovative diagnostic services.
We are committed innovators, operating Canada's first commercial genetics lab, and the country's largest online patient portal, with more than 8 million Canadians receiving their results online. More than 112 million laboratory tests come through LifeLabs’ laboratories annually, and our team of more than 6,000 passionate, caring, and diverse professionals works together as one to provide high quality testing and results that Canadians can trust.
We know that behind every lab requisition, sample being tested, or investment in technology is an individual and their family counting on us. At LifeLabs, you can make a meaningful impact on Canadians’ lives every day.
Our teams are at the heart of everything we do. We are proud to be recognized as one of Canada’s Best Employers, reflecting our deep commitment to our core values of caring, agility, teamwork, and a customer-centered approach. As part of this commitment, LifeLabs prioritizes the ongoing development of our diversity, equity, and inclusion (DEI) program to better serve the needs of our diverse workforce and the communities we serve. We continue to take steps to challenge ourselves to act with courage and integrity, and to create an environment where people can be their true selves.
These values are not just words on a page, they guide our actions and decisions every day and have come to define our team culture.
**Position Summary**:
As a Strategic Sourcing Specialist, you will be responsible for overseeing the contract lifecycle and driving operational efficiencies across a portfolio of commodities. This includes executing contracts, supporting sourcing initiatives, and fostering strong vendor relationships. You’ll work closely with internal stakeholders to ensure business goals are met while promoting cost savings, continuous improvement, and alignment with strategic objectives.
This is a key role within the Strategic Sourcing team, ideal for someone with strong procurement expertise, analytical thinking, and a collaborative mindset. You'll contribute to supplier performance, compliance, and sourcing excellence while delivering value across the organization.
**What You’ll Do**:
- Lead the end-to-end contract lifecycle process, including timely renewals, terminations, drafting, negotiation, and execution of agreements in line with policies and best practices.
- Act as a liaison with key internal stakeholders (Legal, Privacy, Cybersecurity, IT) to ensure timely and compliant contract execution.
- Build and strengthen vendor relationships to support performance goals and ensure issues related to compliance and service are addressed effectively.
- Support or lead Supplier Business Reviews and facilitate sourcing projects (RFx) that deliver optimal business outcomes and mínimal risk.
- Contribute to the development of commodity strategies by gathering data, analyzing supplier activity, and conducting market research.
- Collaborate with cross-functional teams including Finance, Accounts Payable, and Purchasing on sourcing and contract-related initiatives.
- Lead and support continuous improvement projects that enhance sourcing operations, contract management practices, and internal alignment.
- Ensure sourcing and contract documentation, processes, and tools are maintained and optimized in line with department best practices.
**What You’ll Bring**:
- University or College degree in Business, Commerce, Accounting, Operations, or a related field.
- 5-8 years of experience in procurement, strategic sourcing, or supply chain operations.
- Professional designations or working toward one (e.g., PMAC, MBA, Lean Six Sigma Green or Black Belt) are considered assets.
- Strong financial acumen with the ability to analyze procurement data, conduct cost analysis, benchmark expenditures, and evaluate ROI.
- Proficiency with Oracle Fusion (Contract, Library, Supplier Portal, etc.) and Microsoft Office Suite (Word, Excel - Advanced, Teams, PowerPoint).
- Experience in Healthcare or Life Sciences environments is highly desirable.
- Demonstrated ability to lead and influence cross-functional teams, manage competing priorities, and foster vendor partnerships.
- Excellent communication, negotiation, and project management skills with a continuous improvement mindset.
LifeLabs’ compensation programs are commensurate based on the role, skill, effort, responsibility and working conditions, irrespective of gender, race, ethnicity, beliefs, age or any other personal characteristics. Pay programs are communicated regularly in an accessible and transparent manner.
LifeLabs is also proud to offer resources, opportunities, as well
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