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2 Lowe's Lead Jobs

Lead Strategic Sourcing

7-10 years

₹ 20 - 20L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Bangalore / Bengaluru

1 vacancy

Lead Strategic Sourcing

Lowe's

posted 1mon ago

Job Description

This position is part of Enterprise Strategic Sourcing Team, which has the responsibility to manage Indirect spend for Lowe s India. This position will manage the various responsibilities related to procurement of IT (Hardware, Software, Equipment - Telecom, Networks, Printers, and Consulting solutions) products and services from third parties. Lead will coordinate with various stakeholders involved in procure to pay activities - primarily with Business/ Functional team members, Legal, Finance, Vendors, etc.
 
Job Summary:
This role is to provide the necessary support to ensure timely purchase of materials and/or services, contracting & issuance of purchase orders. This includes responsibility of reviewing purchase requisitions, understanding the requirement, sourcing, negotiation, vendor finalization, preparing comparatives, coordinating for contracting and defining scope of work, on time renewal of contracts, creation and issuance of purchase orders, delivery follow up, reconciliation, reporting, etc. This role is also expected to drive measurable improvement areas within the category sourcing, contracting, purchasing and digitalization efforts.
 
Core Responsibilities:
  • Reviewing Purchase Requisitions for it s correctness and understand the requirement in detail
  • Sourcing, processing RFx, preparing comparatives and vendor finalization
  • Contracting, creating Purchase Orders after the approved PR
  • Coordinating for PO approval, PO issuance and delivery follow ups
  • Facilitating reconciliation as applicable for outstanding delivery of materials/ services, invoices, etc.
  • Demonstrate a solid understanding of legal terminology and draft and/or revise a variety of contracts with vendors
  • Provide advice and guidance to the different teams relating to contract drafting. Also keep a track record of contracts in progress & completed within the categories assigned
  • Competency in integrated supply chain management software, like Microsoft Dynamics, Coupa, etc.
  • Advanced knowledge of supply chain, procurement, contracting, logistics and payment process.
  • Identify opportunities to improve business processes and devise plans to implement these changes
  • Resolving day-to-day supply chain issues and promoting operational consistency.
  • Vendor Management - Manage tacticalvendors regarding onboarding, offboarding, performance, and contract compliance
  • Support the development of vendor performance scorecards in partnership with functional, business and analytics teams
  • Support the development and facilitation of presentation materials that are clear and effective to clearly communicate engagement objectives and expectations to vendors and cross-functional stakeholders
  • Partner with internal teams as needed (Plan, Execute and support) to ensure requirements and quality standards are met for sourcing efforts in assigned areas
  • Partner with key internal resources to ensure an effective negotiating strategy is set and aligned to business requirements to obtain the best overall value based on performance
  • Support the development of category strategies and approaches that are aligned to business plans and responsible for the execution of those strategies and delivery of savings
  • Maintain and update the vendor database and key information
  • Identify and escalate risks, issues, and other action items of vendors
  • Monitor the tracking of deliverables and contractual obligations
  • Execute and troubleshoot the full lifecycle for purchase operations from order entry, receipts (as needed), invoicing and ongoing business/vendor support accurately, timely, and in accordance with Lowes policies and procedures and proper audit trail
  • Ensure vendor payments are made accurately, timely and have proper supporting details
  • Make continuous improvement to the process
  • Be accountable for results
Years of Experience:
7+ years of experience in Sourcing, Procurement and Contracting
 
Required Minimum Qualifications :
  • Bachelor s degree, candidates with required skills and certification in supply management (CPSM, CIPS etc.) will be preferred
Skill Set Required
  • Experience in drafting, reviewing and negotiating global agreements
  • IT category management experience
  • Demonstrate knowledge in tax, contracts, ITAM (HAM/SAM) and software commercial licensing construct
  • Strong communication and interpersonal skills to build effective relationships with stakeholders
  • Ability to influence senior stake holders and cross functional teams to drive agenda
  • A team player with ability to work with people from all corporate levels
  • Strong business understanding and know-how
  • Strong knowledge of advanced MS Excel/ MS Office
  • Strong data collection, collation and representation skills
  • Excellent problem solving and analytical skills - Ability to interpret data and trends, diagnose problems, and formulate effective action plans to resolve issues.
  • Customer and service centric mind set, placing the user at the heart of the solution
  • Able to multi-task and respond quickly and effectively to the challenges faced in a fast-paced environment, work well under pressure, able to plan and prioritize workload
  • Strong liaising, project management, co-ordination, planning and facilitating skills
  • Flexible to adapt to work time needs as required by stakeholders (Shift Timing: 2PM to 11PM)

Employment Type: Full Time, Permanent

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What Lead at Lowe's are saying

Lead salary at Lowe's

reported by 14 employees with 7-13 years exp.
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₹15.6 L/yr - ₹50 L/yr
108% more than the average Lead Salary in India
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What Lowe's employees are saying about work life

based on 794 employees
80%
92%
82%
93%
Flexible timing
Monday to Friday
No travel
Day Shift
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Lowe's Benefits

Work From Home
Free Food
Cafeteria
Health Insurance
Team Outings
Gymnasium +6 more
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