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Strategic Sourcing Manager

1 month ago

Lenoir, United States Lowe's Full time

Your ImpactThe 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 DoExecutes complex sourcing projects leveraging project management and sourcing tools by developing RFPs, RFQs, RFIs, etc. as needed.Develops 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 infuse and drive decision making.Manages finance and legal partnership at the project level.Leads vendor workshops.Required QualificationsBachelor's degree Business, Engineering, Science, or related field or equivalent years of experience in lieu of education requirement, if applicable7 Years Procurement, Supply Chain, Sales, Finance or similar work with an emphasis on sourcing, negotiations, and contracting1 Year Cross functional team leadershipKnowledge and experience with E-Sourcing tools and processesProject management skillsContracting and vendor management experienceNegotiation experienceExcellent PowerPoint and presentation skillsPreferred Skills / ExperienceMaster's degree Business, Engineering, Science, or related field MBA, JD, MS, ME or equivalent experienceAbout Lowe'sLowe's Companies, Inc. (NYSE: LOW) is a FORTUNE 100 home improvement company serving approximately 16 million customer transactions a week, with total fiscal year 2024 sales of more than $83 billion. Lowe's employs approximately 300,000 associates and operates over 1,700 home improvement stores, 530 branches and 130 distribution centers. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need.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.