About Lowe s Companies Inc.
Lowe s Companies, Inc. (NYSE: LOW) is a FORTUNE 50 home improvement company serving more than 18 million customers a week in the United States and Canada. With the fiscal year 2019 sales of $72.1 billion, Lowe s and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ approximately 300,000 associates. Founded in 1946 and based in Mooresville, N.C., Lowe s supports its hometown Charlotte region and all communities it serves through programs focused on safe, affordable housing and careers in the skilled trades. For more information,
About Lowe s India
Lowe s India is the retail technology center for Lowe s Companies Inc. and is based out of Bengaluru, India. Set up in 2014, Lowe s India focuses on technology and shared business services. Technology teams support e-commerce, mobile, infrastructure and corporate systems that enable various functions such as supply chain, distribution, corporate services. Initiated with just over 20 associates, Lowe s India now has a growing associate base which employs over 3000 people.
Key Responsibilities
- Executes complex IT sourcing projects (software, hardware, telecom) leveraging project management and sourcing tools by developing RFPs, RFQs, RFIs, etc. as needed.
- Develops of comprehensive bid packages for RFx events utilizing analytics to develop insights in vendor bids.
- Leads cross functional group to drive information gathering from the business, scope development, and contract negotiation critical to completion of the project.
- Develops and executes comprehensive negotiations plan, and conducts direct negotiations with suppliers to maximize the value of deals for Lowe s.
- Manages, initiates and facilitates communication of project updates to business customers and support stakeholders.
- Executes supplier non-disclosure agreements (NDAs) and Master Service Agreements (MSAs) as needed.
- Builds and maintains customer relationships typically at the Director level within their subcategory and serves as an escalation for contract and performance issues.
- Develops and negotiates Statements of Work (SOWs).
- Evaluates previous SOWs, KPIs and operational issues to develop improved SOWs with Category Manager input.
- Develops supplier scorecards for RFx results to drive decision making.
- Supports baseline development for RFx events.
- Presents information and materials to stakeholders, evaluating pros/cons of suppliers across multiple award scenarios to influce and drive decision making.
- Manages finance and legal partnership at the project level.
- Leads vendor workshops.
- Work between 2pm-11pm on weekdays
Education
Required: Bachelors Degree: Business, Engineering, Science, or related field
Preferred: Masters Degree in Business, Engineering, Science, or related field MBA, JD, MS, ME
Experience
- 8+ years of IT Procurement (software, hardware, telecom) with an emphasis on sourcing, negotiations, and contracting
- 1-2 years minimum experience with team leadership
- Knowledge and experience with E-Sourcing tools and processes
- Project management skills
- Contracting and vendor management experience
- Negotiation experience
- Excellent PowerPoint and presentation skills
Key Skills
- Proficient with MS Office Suite
- Project Management
- Building and leading RFx, SOW & master contracts negotiations
- Direct Negotiations
- Vendor Management
- Team Management