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Strategic Sourcing Lead
LOWES Mooresville, NC
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$88k-114k (estimate)
Full Time | Retail 9 Months Ago
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LOWES is Hiring a Strategic Sourcing Lead Near Mooresville, NC

Expand your career possibilities.

Thank you for dedicating your time and talent to Lowe’s. We want to give you more opportunities to learn and grow, so if you find a position you’re interested in below, we encourage you to apply!

Find Your Home to More Possibilities.

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 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. This role will support Lowe's construction projects, 3rd party labor and annual store projects (i.e., paving, remodels, etc.).

Key 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

Required Qualifications:

  • Bachelor's Degree Business, Engineering, Science, or related field and 3-5 Years Bachelor's degree in business, finance, engineering, or related field, or equivalent experience in lieu of a bachelor's degree

  • 2 years sourcing, market intelligence or vendor management experience. Experience in procurement, Supply Chain, Sales, Finance or similar work with an emphasis on sourcing, negotiations, and contracting

  • 3 years business experience

  • Knowledge and experience using E-sourcing tools

  • Financial and business acumen

  • Experience with financial data analysis, strong PowerPoint, and Excel skills

Preferred Qualifications:

  • Masters Degree in Business, Engineering, Science or related field (MBA, JD, MS, ME)

  • Experience with E-Sourcing Tools

  • Project Management

  • Cross functional team leadership

  • Building RFP, SOW, and Contracting

  • Direct Negotiations

  • Vendor Management

#Onsite

About Lowe’s

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 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 and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.

Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, 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 federal, state, or local law.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Retail

SALARY

$88k-114k (estimate)

POST DATE

08/23/2023

EXPIRATION DATE

06/28/2024

WEBSITE

lowes.co.in

HEADQUARTERS

TURRELLA, NEW SOUTH WALES

SIZE

1,000 - 3,000

FOUNDED

1946

TYPE

Private

CEO

JEFFREY STEVEN MUELLER

REVENUE

$50M - $200M

INDUSTRY

Retail

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