Strategic Sourcing Lead (Onsite - Hybrid)

Key Responsibilities
• In conjunction with sourcing leadership, provides analysis and inputs into category strategies that
identify savings opportunities. Analyzes suppliers and demand/spend profiles as well as market
conditions to identify savings opportunities. Contributes to and develops presentation materials for
Category plans.
• Executes sourcing projects leveraging project management and sourcing tools. Development of
analytics around vendor bids and situational demand/usage opportunities will be expected.
Expected to lead crossfunctional team to drive information gathering from the business, scope
development, and contract negotiation critical to completion of the project.
• Develop and execute negotiation plan with sourcing leadership to maximize value of deals.
Recognizes competing interests and different award scenarios. Presents materials to stakeholders,
evaluating pros and cons of suppliers across multiple award scenarios.
• Authors mostly pre-authored agreements and some new templates that require development,
changes, and new language. SOWs will sometimes include governance, complex cost
models/structures, performance management (KPIs), penalty and incentive provisions. SOW
development will require some stakeholder and BU collaboration. Responsible for life-cycle contract
management for assigned categories while leveraging relevant partners across the organization.
• Partners with the business units for relationship management activities and contributes to business
reviews and QBRs to maximize value from suppliers. Develops and maintains positive and objective
relationships with suppliers to ensure that they are committed to Lowe’s, ensure contract
objectives are achieved effectively. Serves as an escalation for contract and performance issues with
sourcing leaders.
• Builds and maintains customer relationships typically at the Director and Manager . Expected to
interface frequently with customers regarding project updates and status. Initiates and facilitates
meetings with key customers and stakeholders with sourcing leadership.
• Contribute to cross functional effort to create new and modified process that make the P2P process
faster and more efficient. Implements new policies and procedures at the direction of sourcing
leadership.

Required Qualifications
Bachelor’s degree in business, engineering, or science plus 3 years of experience
3 additional years of experience in lieu of a Bachelor’s degree
1 Year Procurement, Supply Chain, Sales, Finance or similar work with an emphasis on sourcing, negotiations, and contracting
Proficient with MS Office Suite

Preferred Qualifications
Masters Degree - MBA, JD, MS, ME
Experience with E-Sourcing Tools
Project Management experience
Cross functional team leadership experience
Experience building RFP, SOW, and Contracting
Direct Negotiations experience
Vendor Management experience

About Lowe’s:
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated in the U.S., where 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 Lowes.com.

EEO Statement

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.

Pay Range for CA, CO, NJ, NY, WA: $68,400.00 - $114,000.00 annually

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 https://talent.lowes.com/us/en/benefits.

Salary : $97 - $68,400