Strategic Sourcing Lead
Company: Lowe's
Location: Mooresville
Posted on: April 23, 2024
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Job Description:
The principal purpose of the Strategic Sourcing Lead is to
execute sourcing projects that accomplish the goals of both the
organization and the business units they support. These projects
should be delivered utilizing a variety of sourcing techniques and
include scenario analysis to guide in decision making. Other key
components of the role include contributing to continuous
improvement activity's, building relationships with the business
and support teams, and supporting key initiatives for the
organization. This role will support Lowe's Tech organization.Key
Responsibilities:Provides analysis and inputs into category
strategies that identify savings opportunities.Analyzes suppliers
and demand/spend profiles as well as market conditions to identify
savings opportunities.Executes sourcing projects leveraging project
management and sourcing tools.Development of analytics around
vendor bids and situational demand/usage opportunities will be
expected.Expected to lead cross functional group to drive
information gathering from the business, scope development, and
contract negotiation critical to completion of the project.Develops
and execute negotiation plan with sourcing leadership to maximize
value of deals.Presents materials to stakeholders, evaluating pros
and cons of suppliers across multiple award scenarios.Responsible
for life-cycle contract management for assigned categories while
leveraging relevant partners across the organization.Serves as an
escalation for contract and performance issues with sourcing
leaders.Builds and maintain customer relationships typically at the
Director and Manager levelExpected to interface frequently with
customers regarding project updates and status.Initiates and
facilitate meetings with key customers and stakeholders with
sourcing leadership.Implements new policies and procedures at the
direction of sourcing leadership.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
degree2+ 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
contracting3+ years business experienceKnowledge and experience
using E-sourcing toolsFinancial and business acumenExperience with
financial data analysis, strong PowerPoint, and Excel
skillsPreferred Qualifications:Masters Degree in Business,
Engineering, Science or related field (MBA, JD, MS, ME)Experience
with E-Sourcing ToolsProject ManagementCross functional team
leadershipBuilding RFP, SOW, and ContractingDirect
NegotiationsVendor Management#OnsiteAbout Lowe'sLowe'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.Starting rate
of pay may vary based on factors including, but not limited to,
position offered, location, education, training, and/or experience.
For information regarding our benefit programs and eligibility,
please visit https://talent.lowes.com/us/en/benefits.Starting rate
of pay may vary based on factors including, but not limited to,
position offered, location, education, training, and/or
experience.
Keywords: Lowe's, Huntersville , Strategic Sourcing Lead, Other , Mooresville, North Carolina
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