Lead - Global strategic sourcing

7 days ago

Bengaluru, Karnataka, India Lowe's Companies, Inc. Full time ₹ 60,000 - ₹ 1,20,000 per year

About Lowe's Companies Inc.

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE 50 home improvement company serving more than 18 million customers a week in the United States and Canada. With the fiscal year 2019 sales of $72.1 billion, Lowe's and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ approximately 300,000 associates. Founded in 1946 and based in Mooresville, N.C., Lowe's supports its hometown Charlotte region and all communities it serves through programs focused on safe, affordable housing and careers in the skilled trades. For more information,

About Lowe's India

Lowe's India is the retail technology center for Lowe's Companies Inc. and is based out of Bengaluru, India. Set up in 2014, Lowe's India focuses on technology and shared business services. Technology teams support e-commerce, mobile, infrastructure and corporate systems that enable various functions such as supply chain, distribution, corporate services. Initiated with just over 20 associates, Lowe's India now has a growing associate base which employs over 3000 people.

What You Will Do

  • 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.

 Minimum Qualifications

  • 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.
  • 3 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
  • 5+ 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 Skills/Education

  • Business, Engineering, Science, or related field MBA, JD, MS, ME
  • Project management skills
  • Negotiation experience
  • Supply Chain Knowledge

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.

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