Lowe’s

Strategic Sourcing Manager - Technology

Lowe’s$90K — $120K *
Enterprise Technology
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Engineering, Science or related field, or equivalent experience
  • 7+ years in Procurement, Supply Chain, Sales, Finance, or similar roles focused on sourcing, negotiations, and contracting
  • 1+ year of experience in cross-functional team leadership
  • Proficiency with E-Sourcing tools and processes
  • Strong project management skills
  • Experience in contracting and vendor management
  • Demonstrated negotiation skills
  • Excellent PowerPoint and presentation capabilities

Responsibilities

  • Execute complex sourcing projects using project management and sourcing tools
  • Develop comprehensive bid packages for RFx events leveraging analytics
  • Lead cross-functional teams to gather information and negotiate contracts
  • Create and execute negotiation plans, directly negotiating supplier deals
  • Facilitate communication of project updates to stakeholders
  • Manage non-disclosure agreements and master service agreements
  • Build and maintain relationships with customers at the Director level
  • Develop and negotiate Statements of Work, evaluating operational issues to improve future contracts
  • Create supplier scorecards for RFx results to influence decision-making
  • Present material to stakeholders and manage vendor workshops

Benefits

  • Collaborative corporate environment that supports work-life balance
  • Access to wellness programs and facilities onsite
  • Opportunities for personal inspiration and development through various initiatives
  • Engagement in community support programs and skilled trades development
  • Comprehensive healthcare and benefits package offered
Full Job Description
Your Impact

The primary purpose of this role is to execute highly complex sourcing projects that accomplish the goals of both the organization and the business units they support. These projects should be delivered utilizing a variety of sourcing techniques, including scenario analysis to guide in decision making, and leveraging analytics and market intelligence to help the business identify opportunities with demand and usage for projects. Other key components of the role include leading continuous improvement activities, building relationships with the business and support teams, and supporting key initiatives to deliver on business goals.

What You Will Do
  • Executes complex sourcing projects leveraging project management and sourcing tools by developing RFPs, RFQs, RFIs, etc. as needed.
  • Develops of comprehensive bid packages for RFx events utilizing analytics to develop insights in vendor bids.
  • Leads cross functional group to drive information gathering from the business, scope development, and contract negotiation critical to completion of the project.
  • Develops and executes comprehensive negotiations plan, and conducts direct negotiations with suppliers to maximize the value of deals for Lowe's.
  • Manages, initiates and facilitates communication of project updates to business customers and support stakeholders.
  • Executes supplier non-disclosure agreements (NDAs) and Master Service Agreements (MSAs) as needed.
  • Builds and maintains customer relationships typically at the Director level within their subcategory and serves as an escalation for contract and performance issues.
  • Develops and negotiates Statements of Work (SOWs).
  • Evaluates previous SOWs, KPIs and operational issues to develop improved SOWs with Category Manager input.
  • Develops supplier scorecards for RFx results to drive decision making.
  • Supports baseline development for RFx events.
  • Presents information and materials to stakeholders, evaluating pros/cons of suppliers across multiple award scenarios to influce and drive decision making.
  • Manages finance and legal partnership at the project level.
  • Leads vendor workshops.


Minimum Qualifications
  • Bachelor's degree Business, Engineering, Science, or related field or equivalent years of experience in lieu of education requirement, if applicable
  • 7 Years Procurement, Supply Chain, Sales, Finance or similar work with an emphasis on sourcing, negotiations, and contracting
  • 1 Year Cross functional team leadership
  • Knowledge and experience with E-Sourcing tools and processes
  • Project management skills
  • Contracting and vendor management experience
  • Negotiation experience
  • Excellent PowerPoint and presentation skills


Preferred Skills/Education
  • Master's degree Business, Engineering, Science, or related field MBA, JD, MS, ME


About Lowe’s

Lowe's Careers

Joining Lowe's means becoming part of a team that is committed to fostering an environment of growth, innovation, and leadership. As one of the leading home improvement companies, Lowe's offers unparalleled job opportunities and a culture that values diversity and professional development. Work You'll Do At Lowe's, your work will directly impact our mission to help people love where they live. Whether you're involved in the direct sales process, product development, or customer service, your role will contribute to our industry-leading standards. Transform Your Career Leverage your skills and drive in a position that empowers you to lead projects and initiatives that redefine the retail experience. Lowe's is at the forefront of the industry, combining retail, technology, and customer service to create unique experiences for consumers. Join a team of dedicated professionals who are there to support your career aspirations and help you grow both personally and professionally. With over 300,000 team members, Lowe's is a place where you can cultivate a career filled with innovation and opportunities. Lowe's Professional Growth and Opportunities We are committed to the professional growth of every team member. Lowe's offers a variety of career paths and opportunities for advancement, including leadership roles in numerous departments. Whether you're seeking a part-time position or a full-time career, Lowe's provides the training and resources needed to advance and excel. Internship Programs Start your career with Lowe's through our dynamic internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that impacts our business. Interns at Lowe's gain invaluable skills, work alongside experienced professionals, and are considered for full-time positions upon successful completion of the program. Benefits and Culture Lowe's is dedicated to maintaining a culture that promotes diversity and inclusion. We offer a comprehensive benefits package that supports the health, well-being, and financial security of our employees and their families. Benefits include health insurance, retirement plans, and employee discounts, among others. Networking and Innovation Stay connected and ahead in your career through Lowe's commitment to innovation and networking. Our team members have access to cutting-edge technology and are encouraged to think outside the box to solve challenges. Networking within the company is supported through various groups and initiatives, fostering connections that can lead to career advancement. Join Our Team Explore the job opportunities at Lowe's that match your skills and interests. We are always looking for passionate, curious, and solution-driven team players. Start your journey with Lowe's today and be part of a company that values hard work and dedication. Stay Up to Date Keep informed with the latest in career tips, company news, and industry insights—all from the people who work at Lowe's. Our careers blog provides valuable content that can help you navigate your professional journey. Job Alert Emails Customize your subscription to receive job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Lowe's. SEARCH LOWE'S JOBS At Lowe's, your career is in your hands. Build it with us and be part of a team that is changing the future of retail.
Learn more about Lowe’s
Size
200,000 employees
Market Cap
$120.3 billion
Industry
Net Income
$5.8 billion
Founded
1946
5 Year Trend
+8.2%
Revenue
$89.5 billion
NASDAQ

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