Lowe's Companies, Inc.
Strategic Sourcing Manager
Lowe's Companies, Inc., Mooresville, North Carolina, United States, 28115
Overview
The primary purpose of this role is to execute highly complex 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, including scenario analysis to guide decision making, and leveraging analytics and market intelligence to help the business identify opportunities with demand and usage for projects. Other key components include leading continuous improvement activities, building relationships with the business and support teams, and supporting key initiatives to deliver on business goals.
What You Will Do
Execute complex sourcing projects leveraging project management and sourcing tools by developing RFPs, RFQs, RFIs, etc. as needed.
Develop comprehensive bid packages for RFx events utilizing analytics to develop insights in vendor bids.
Lead a cross-functional group to drive information gathering from the business, scope development, and contract negotiation critical to completion of the project.
Develop and execute a comprehensive negotiations plan, and conduct direct negotiations with suppliers to maximize the value of Lowe’s deals.
Manage, initiate and facilitate communication of project updates to business customers and support stakeholders.
Execute supplier non-disclosure agreements (NDAs) and Master Service Agreements (MSAs) as needed.
Build and maintain customer relationships typically at the Director level within their subcategory and serve as an escalation for contract and performance issues.
Develop and negotiate Statements of Work (SOWs).
Evaluate previous SOWs, KPIs and operational issues to develop improved SOWs with Category Manager input.
Develop supplier scorecards for RFx results to drive decision making.
Support baseline development for RFx events.
Present information and materials to stakeholders, evaluating pros/cons of suppliers across multiple award scenarios to influence and drive decision making.
Manage finance and legal partnership at the project level.
Lead vendor workshops.
Required Qualifications
Bachelor's Degree in Business, Engineering, Science, or related field or related work experience
7 Years Procurement, Supply Chain, Sales, Finance or similar work with an emphasis on sourcing, negotiations, and contracting
1 Year Cross functional 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
Preferred Skills/Education
Master's Degree in Business, Engineering, Science, or related field MBA, JD, MS, ME
About Lowe’s Lowe’s is a Fortune 100 home improvement company serving approximately 16 million customer transactions per week in the United States. For fiscal year 2024, Lowe’s had sales of more than $83 billion, operates over 1,700 stores, and employs about 300,000 associates. Based in Mooresville, NC, Lowe’s supports communities through programs focused on safe, affordable housing, improving community spaces, developing skilled trades, and disaster relief. 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 position offered, location, education, training, and experience. For information regarding our benefits, please visit talent.lowes.com/us/en/benefits.
Seniority level Mid-Senior level
Employment type Full-time
Job function Purchasing and Supply Chain
Industries Retail
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These projects should be delivered utilizing a variety of sourcing techniques, including scenario analysis to guide decision making, and leveraging analytics and market intelligence to help the business identify opportunities with demand and usage for projects. Other key components include leading continuous improvement activities, building relationships with the business and support teams, and supporting key initiatives to deliver on business goals.
What You Will Do
Execute complex sourcing projects leveraging project management and sourcing tools by developing RFPs, RFQs, RFIs, etc. as needed.
Develop comprehensive bid packages for RFx events utilizing analytics to develop insights in vendor bids.
Lead a cross-functional group to drive information gathering from the business, scope development, and contract negotiation critical to completion of the project.
Develop and execute a comprehensive negotiations plan, and conduct direct negotiations with suppliers to maximize the value of Lowe’s deals.
Manage, initiate and facilitate communication of project updates to business customers and support stakeholders.
Execute supplier non-disclosure agreements (NDAs) and Master Service Agreements (MSAs) as needed.
Build and maintain customer relationships typically at the Director level within their subcategory and serve as an escalation for contract and performance issues.
Develop and negotiate Statements of Work (SOWs).
Evaluate previous SOWs, KPIs and operational issues to develop improved SOWs with Category Manager input.
Develop supplier scorecards for RFx results to drive decision making.
Support baseline development for RFx events.
Present information and materials to stakeholders, evaluating pros/cons of suppliers across multiple award scenarios to influence and drive decision making.
Manage finance and legal partnership at the project level.
Lead vendor workshops.
Required Qualifications
Bachelor's Degree in Business, Engineering, Science, or related field or related work experience
7 Years Procurement, Supply Chain, Sales, Finance or similar work with an emphasis on sourcing, negotiations, and contracting
1 Year Cross functional 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
Preferred Skills/Education
Master's Degree in Business, Engineering, Science, or related field MBA, JD, MS, ME
About Lowe’s Lowe’s is a Fortune 100 home improvement company serving approximately 16 million customer transactions per week in the United States. For fiscal year 2024, Lowe’s had sales of more than $83 billion, operates over 1,700 stores, and employs about 300,000 associates. Based in Mooresville, NC, Lowe’s supports communities through programs focused on safe, affordable housing, improving community spaces, developing skilled trades, and disaster relief. 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 position offered, location, education, training, and experience. For information regarding our benefits, please visit talent.lowes.com/us/en/benefits.
Seniority level Mid-Senior level
Employment type Full-time
Job function Purchasing and Supply Chain
Industries Retail
#J-18808-Ljbffr