Lead Strategic Sourcing

About Lowe’s

Lowe’s is a FORTUNE® 100 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.

Lowes India

About the Team

The Enterprise Strategic Sourcing team executes sourcing projects that accomplish the goals of both the organization and the business units they support. This position works closely with the sourcing manager and category manager in the Store Supplies/Facilities categories

Job Summary:

The primary purpose of this role is to partner with key areas of the Enterprise Strategic Sourcing team to execute sourcing projects that accomplish the goals of both the organization and the business units they support. This position works closely with the sourcing manager and category manager in the Store Supplies/Facilities categories (supplies, collateral and racking areas, specific to our retail and supply chain locations in USA) to executive a variety of sourcing techniques that include data and baseline analysis, RFx development and contract execution. Other key components of the role include contributing to continuous improvement activities, building relationships with the business and support teams, and supporting key initiatives for the organization. In addition to the sourcing responsibilities, this role will also support vendor management, procurement operations and catalog support for the business teams.

Roles & Responsibilities:

Core Responsibilities:

• Develops and executes RFPs, RFQs and RFIs, etc. as needed to support the business needs
• Develops baseline analysis and current conditions for sourcing events.
• Consolidates vendor bid sheets.
• Completes initial bid analysis for sourcing events.
• Initiates vendor outreach and develops vendor list for sourcing events.
• Sets up sourcing events using appropriate E-Sourcing tools and processes.
• Owns and updates ESS and business partners on sourcing project updates and status of initiatives.
• Negotiates, processes and executes vendor NDA's and Master Agreements, while adhering to financial policies and compliance requirements.
• Drafts and develops Statement of Work (SOWs) with the outline of technical requirements for sourcing projects and RFX events.
• Coordinates necessary documentation and process for vendor on-boarding.
• Expected to interface frequently with customers regarding project updates and status.
• Builds and maintains effective customer relationships.

Years of Experience:

• 5 – 8 years of experience in Strategic Sourcing, Contract and SoW Drafting, Negotiations

Education Qualification & Certifications (optional)

Required Minimum Qualification

• Bachelor’s degree/Master's degree

Skill Set Required

Primary Skills (Must have)

• Strategic Sourcing, Contract and SoW Drafting, Negotiations
• Experience in Project management and Vendor Management is a must
• Experience in dealing with USA/international stakeholders, suppliers and/or clients is a must
• Experience in building RFPs, SOWs and Contracting and running Projects is a must.
• Experience in negotiating multi-million-dollar contracts
• Experience collaborating and communicating at the executive level
• Experience managing cross-functional project teams and resources
• Proficient with MS Office Suite
• Procurement experience for US and Canada markets is required
• Very good English communication skills
• Ability to maintain a high level of confidentiality at all times.

Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under state or local law. Lowe’s wishes to maintain appropriate standards and integrity in meeting the requirements of the Information Technology Act’s privacy provisions.