IND_Analyst_Strategic Sourcing at Lowe's Companies, Inc.

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

07 Mar, 26

Salary

0.0

Posted On

07 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Sourcing Experience, E-Sourcing Tools, Project Management, Contracting, Vendor Management, Cost Analysis, Negotiation, Cross-Functional Teams, MS Office, Presentation Skills, Collaboration, Communication Skills, Procurement Tools

Industry

Retail

Description

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, www.Lowes.com 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. with the business and support teams, and supporting key initiatives in support customer business goals. Key Responsibilities Develops and executes RFP, RFQ, RFI, etc. Develops comprehensive bid package for RFx events Utilizes E-Sourcing tools for RFx events Builds and executes sourcing project plans to meet timelines Manages and communicates project updates to business customers and support stakeholders Develops negotiation plans and conducts direct negotiations with suppliers Leverages data and market intel in negotiations and key decisions Executes supplier NDA’s Develops and negotiates SOW’s Evaluates previous SOW’s, KPI’s and operational issues to develop improved SOW’s from Category Manager input Develop supplier scorecards for RFx results to drive decision making Manage finance and legal partnership at project level Support baseline development for RFx events Presents materials to stakeholders, evaluating pros/cons of suppliers across multiple award scenarios to influence and drive decision making Leads vendor workshops Support catalog implementation, set up as required Support document migration / integration as required Work hours between 2pm-11pm on weekdays Required Qualifications Min 3 years of business experience or bachelor's degree with internship experience Bachelor’s degree in business, finance, engineering, or related field, or equivalent experience in lieu of a bachelor’s degree 3+ Years Sourcing Experience Knowledge and usage of E-sourcing tools Project management skills Contracting and vendor management experience Cost analysis & Negotiation experience Working with cross-functional teams Strong MS Office and presentation skills Collaboration & communication skills Knowledge of procurement tools 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. We’re glad you’re interested in building your career with us. Lowe’s is dedicated to service, which begins with serving our associates. Lowe’s team members enjoy exceptional benefits and opportunities to grow their skills. Apply today and start your career on a strong foundation. Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 35 home improvement company serving approximately 20 million customers weekly in the United States and Canada. With fiscal year 2020 sales of nearly $90 billion, Lowe’s and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ over 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.

Responsibilities

The role involves developing and executing RFPs, RFQs, and RFIs, as well as managing sourcing project plans and communicating updates to stakeholders. Additionally, the analyst will conduct negotiations with suppliers and develop supplier scorecards to drive decision-making.