Strategic Sourcing Lead - Mooresville North Carolina

Company: Lowe's
Location: Mooresville, North Carolina
Posted On: 05/04/2024

Job Summary:The primary purpose of this role is to partner with key areas of the Enterprise Strategic Sourcing team to execute sourcing projects that accomplish the goals of both the organization and the business units they support. This position works closely with the sourcing manager and category manager to executive a variety of sourcing techniques that include data and baseline analysis, RFx development and contract execution. Other key components of the role include contributing to continuous improvement activities, building relationships with the business and support teams, and supporting key initiatives for the organization. This role will support Lowe's construction projects, 3rd party labor and annual store projects (i.e., paving, remodels, etc.).Key Responsibilities:Develops and executes RFPs, RFQs and RFIs, etc. as needed to support the business needsDevelops baseline analysis and current conditions for sourcing eventsConsolidates vendor bid sheetsCompletes initial bid analysis for sourcing eventsInitiates vendor outreach and develops vendor list for sourcing eventsSets up sourcing events using appropriate E-Sourcing tools and processesOwns and updates ESS and business partners on sourcing project updates and status of initiativesNegotiates, processes and executes vendor NDA's and Master Agreements, while adhering to financial policies and compliance requirementsDrafts and develops Statement of Work (SOWs) with the outline of technical requirements for sourcing projects and RFX eventsCoordinates necessary documentation and process for vendor on-boardingExpected to interface frequently with customers regarding project updates and statusBuilds and maintains effective customer relationshipsRequired 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

About 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 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 Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. More...

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