Strategic Sourcing Lead

Lowe's Home Centers•Mooresville, NC

6d•Onsite

About The Position

The Strategic Sourcing Lead partners with key areas of the Enterprise Strategic Sourcing team to execute sourcing projects that meet organizational and business-unit goals. Working closely with the sourcing manager and category manager, the role applies sourcing techniques including data and baseline analysis, RFX development, and contract execution. The position also contributes to continuous improvement, builds relationships with business and support teams, and supports key organizational initiatives. The role is based at Lowe’s headquarters in Mooresville, North Carolina. The corporate office offers opportunities to collaborate and access amenities such as food and coffee, a walking area, a workout facility, and check-ups.

Requirements

Bachelor’s degree in Business, Engineering, Finance, Science, or a related field, or equivalent years of experience in lieu of the education requirement, if applicable.
At least 2 years of 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.
Knowledge and experience using e-sourcing tools.
Financial and business acumen.
Experience with financial data analysis.
Strong PowerPoint and Excel skills.

Nice To Haves

Master’s degree in Business, Engineering, Science, or a related field.
MBA, JD, MS, or ME.
Project management skills.
Negotiation experience.

Responsibilities

Develop and execute RFPs, RFQs, RFIs, and other sourcing events as needed to support business needs.
Develop baseline analyses and document current conditions for sourcing events.
Consolidate vendor bid sheets and complete initial bid analyses for sourcing events.
Initiate vendor outreach and develop vendor lists for sourcing events.
Set up sourcing events using appropriate e-sourcing tools and processes.
Keep Enterprise Strategic Sourcing and business partners updated on project progress and initiative status.
Negotiate, process, and execute vendor NDAs and master agreements in accordance with financial policies and compliance requirements.
Draft and develop Statements of Work outlining technical requirements for sourcing projects and RFX events.
Coordinate documentation and processes for vendor onboarding.
Frequently communicate with customers about project updates and status.
Build and maintain effective customer relationships.
Contribute to continuous improvement activities and support key organizational initiatives.