Lowes Foods
Sourcing Manager, Indirect Procurement
Lowes Foods, Hickory, North Carolina, United States, 28601
Overview
The Sourcing Manager will work closely with internal stakeholders across departments to understand business needs, identify opportunities, and implement sourcing solutions that align with corporate goals. The Manager of Sourcing will lead competitive bid processes, contract negotiations, and supplier performance management for key spend categories. To be successful in this role, this individual must have strategic sourcing experience, strong analytical and negotiation skills, and the ability to work cross-functionally in a fast-paced, evolving environment. This individual must be a strategic thinker with strong analytical skills and a collaborative mindset.
Hybrid role - In office 2 days per week (Offices are in Hickory, NC or Winston Salem, NC)
Responsibilities
Lead end-to-end sourcing processes, including RFI/RFP development, evaluation, and supplier selection
Drive cost reduction, total cost of ownership (TCO) analysis, and value delivery initiatives
Conduct contract negotiations and manage renewals for key vendors
Maintain strong supplier relationships and resolve performance issues as needed
Stakeholder Engagement
Act as a trusted advisor to business partners for sourcing-related decisions
Collaborate cross-functionally to support business requirements and sourcing alignment
Educate internal clients on category strategies, policy compliance, and supplier options
Category Management
Develop category strategies for assigned spend areas (e.g., indirect, IT, professional services)
Collaborate with internal stakeholders to align sourcing plans with business goals
Analyze category trends and market dynamics to identify sourcing opportunities
Track and report savings, compliance, and supplier performance metrics
Contracting & Compliance
Collaborate with Legal and Risk teams to ensure contract terms align with policy
Support the implementation of sourcing governance and procurement policies
Monitor compliance with competitive sourcing and ethical procurement practices
Supplier Relationship Management
Lead or participate in supplier business reviews and performance scorecards
Segment suppliers by strategic value and manage relationships accordingly
Identify and mitigate supplier-related risks
Monitor market trends and supplier capabilities to drive innovation and value
Explore innovation opportunities and continuous improvement with key vendors
Data & Reporting
Analyze spend data and trends to identify strategic sourcing opportunities
Provide insights to support budgeting, forecasting, and strategic planning
Support the adoption and utilization of procurement tools and systems
Qualifications
Bachelor's Degree in Supply Chain, Business, Finance, or related field
5+ years of strategic sourcing or procurement experience; category management preferred
Experience leading sourcing events, supplier negotiations, and contract management
Proficient in Microsoft Excel, PowerPoint, and sourcing tools
Working knowledge of ERP systems (e.g., Oracle, SAP) and procurement analytics tools
Strong negotiation skills and ability to think strategically
Prior experience in retail, wholesale, distribution and/or consumer packaged goods is preferred
Competencies
High drive and results orientation; able to deliver against cost and value targets
Intellectually curious with a passion for process improvement and innovation
Strong business acumen and ability to navigate cross-functional priorities
Highly organized with strong project management and time management skills
Excellent written and verbal communication skills; ability to proactively manage the message and expectations at all levels
Operates with integrity, professionalism, and a customer-focused mindset
Demonstrates sound judgment and comfort working in ambiguity; high standards of ethics and integrity
High accountability and ownership of outcomes and relationships
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Hybrid role - In office 2 days per week (Offices are in Hickory, NC or Winston Salem, NC)
Responsibilities
Lead end-to-end sourcing processes, including RFI/RFP development, evaluation, and supplier selection
Drive cost reduction, total cost of ownership (TCO) analysis, and value delivery initiatives
Conduct contract negotiations and manage renewals for key vendors
Maintain strong supplier relationships and resolve performance issues as needed
Stakeholder Engagement
Act as a trusted advisor to business partners for sourcing-related decisions
Collaborate cross-functionally to support business requirements and sourcing alignment
Educate internal clients on category strategies, policy compliance, and supplier options
Category Management
Develop category strategies for assigned spend areas (e.g., indirect, IT, professional services)
Collaborate with internal stakeholders to align sourcing plans with business goals
Analyze category trends and market dynamics to identify sourcing opportunities
Track and report savings, compliance, and supplier performance metrics
Contracting & Compliance
Collaborate with Legal and Risk teams to ensure contract terms align with policy
Support the implementation of sourcing governance and procurement policies
Monitor compliance with competitive sourcing and ethical procurement practices
Supplier Relationship Management
Lead or participate in supplier business reviews and performance scorecards
Segment suppliers by strategic value and manage relationships accordingly
Identify and mitigate supplier-related risks
Monitor market trends and supplier capabilities to drive innovation and value
Explore innovation opportunities and continuous improvement with key vendors
Data & Reporting
Analyze spend data and trends to identify strategic sourcing opportunities
Provide insights to support budgeting, forecasting, and strategic planning
Support the adoption and utilization of procurement tools and systems
Qualifications
Bachelor's Degree in Supply Chain, Business, Finance, or related field
5+ years of strategic sourcing or procurement experience; category management preferred
Experience leading sourcing events, supplier negotiations, and contract management
Proficient in Microsoft Excel, PowerPoint, and sourcing tools
Working knowledge of ERP systems (e.g., Oracle, SAP) and procurement analytics tools
Strong negotiation skills and ability to think strategically
Prior experience in retail, wholesale, distribution and/or consumer packaged goods is preferred
Competencies
High drive and results orientation; able to deliver against cost and value targets
Intellectually curious with a passion for process improvement and innovation
Strong business acumen and ability to navigate cross-functional priorities
Highly organized with strong project management and time management skills
Excellent written and verbal communication skills; ability to proactively manage the message and expectations at all levels
Operates with integrity, professionalism, and a customer-focused mindset
Demonstrates sound judgment and comfort working in ambiguity; high standards of ethics and integrity
High accountability and ownership of outcomes and relationships
#J-18808-Ljbffr