What are the responsibilities and job description for the Strategic Sourcing Lead position at Lowes?
Do your Best Work in Mooresville
This position is based at our headquarters in Mooresville, North Carolina. Our corporate office is a space where you can collaborate and do your best work. Take a walk, grab a bite (or a cup of coffee), work out or get a check-up – we invest in you so you can find your inspiration.
What You Will Do
- Develop and execute RFPs, RFQs and RFIs, etc. as needed to support the business needs
- Develop baseline analysis and current conditions for sourcing events.
- Consolidate vendor bid sheets.
- Complete initial bid analysis for sourcing events.
- Initiate vendor outreach and develops vendor list for sourcing events.
- Set up sourcing events using appropriate E-Sourcing tools and processes.
- Own and update ESS and business partners on sourcing project updates and status of initiatives.
- Negotiate, process and execute vendor NDA's and Master Agreements, while adhering to financial policies and compliance requirements.
- Draft and develop Statement of Work (SOWs) with the outline of technical requirements for sourcing projects and RFX events.
- Coordinate necessary documentation and process for vendor on-boarding.
- Expected to interface frequently with customers regarding project updates and status.
- Build and maintain effective customer relationships.
Required Qualifications
- Bachelor’s degree Business, Engineering, Science, or related field or equivalent years of experience in lieu of education requirement, if applicable
- 3 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
- Master’s degree Business, Engineering, Science, or related field MBA, JD, MS, ME
- Project management skills
- Negotiation experience
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.