AmbitionBox
Search
Jobs
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Add office photos
All Filters
74 Lowe's Jobs
Analyst - Strategic Sourcing
3-6 years
₹ 2.05 - 12L/yr (AmbitionBox estimate)
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
Analyst - Strategic Sourcing
Lowe's
posted 18hr ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Job Summary:
This role is to provide the necessary support to procure indirect materials and services. And also to ensure timely renewal of contracts. This includes responsibility of sourcing, negotiation, creating PO from an approved PR, maintaining list of contacts, repository of contracts, alerts, intimations, vendor registration, etc. This role is also expected to drive measurable improvement areas within the PO processing, contract management, digitalization efforts, on time renewals of contracts, category sourcing and purchasing.
Roles & Responsibilities:
Core Responsibilities:
- Demonstrate a solid understanding of legal terminology and draft and/or revise a variety of contracts with vendors
- Ensure the organizations internal contract documents are accurate and well maintained; inform business and sourcing team when to take actions
- Provide advice and guidance to the different teams relating to contract drafting. Also keep a track record of contracts in progress & completed
- Competency in integrated supply chain management software, like Microsoft Dynamics, Coupa, etc.
- Advanced knowledge of supply chain, procurement, 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 "tactical" vendors 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:
3 to 6 years of experience
Education Qualification & Certifications (optional)
Required Minimum Qualifications :
Bachelor s degree, candidates with required skills and certification in sourcing will be preferred
Skill Set Required
Primary Skills (must have)
- Bachelor s degree, candidates with required skills and certification in sourcing will be preferred
- 3 to 6 years of experience in sourcing, PO processing and contract management
- Strong communication and interpersonal skills to build effective relationships with stakeholders
- Ability to influence senior stake holders and cross functional teams
- A team player with ability to work with people from all corporate levels
- Strong knowledge of advanced MS Excel/ MS Office
- Strong data collection, collation and representation skills
- Excellent problem solving and analytical skills
- 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
- Strong liaising, project management, co-ordination, planning and facilitating skills
Employment Type: Full Time, Permanent
Read full job descriptionLowe's Interview Questions & Tips
Prepare for Lowe's Analyst roles with real interview advice
Top Lowe's Analyst Interview Questions
Q1. What is the difference between virtual and real DOM?
asked in
Software Engineer interview
Q2. Create some dynamic buttons with a json data and whenever you click on that you need to maintain active and inactive states and also you nee ... read more
asked in
Software Engineer interview
Q3. What is the difference between var, let and const?
asked in
Software Engineer interview
What people at Lowe's are saying
Rating based on 30 Analyst
reviews
Anonymous · Procurement & Supply Chain
in Bangalore / Bengaluru
Likes
Infrastructure is really good
- Job security - Excellent
+2 more
Dislikes
Nothing is there to talk
- Salary - Poor
+2 more
Analyst salary at Lowe's
reported by
221
employees
with 2-8
years exp.
₹4.2
L/yr - ₹16
L/yr
51%
more
than the average Analyst Salary in India
View more details
What Lowe's employees are saying about work life
based on 793 employees
Flexible timing
Monday to Friday
No travel
Day Shift
Lowe's Benefits
View more benefits
Compare Lowe's with
Home Depot
Compare
Ace Hardware
Compare
Menards
Compare
Sherwin Williams Paints
Compare
Fastenal
Compare
Grainger
Compare
Reliance Retail
Compare
Walmart
Compare
Landmark Group
Compare
Reliance Trends
Compare
Metro Cash & Carry
Compare
Tesco
Compare
Fabindia
Compare
Decathlon
Compare
Baazar Retail Private Limited
Compare
Spencer's Retail
Compare
V2 Retail
Compare
VIP Industries
Compare
Arvind Lifestyle Brands
Compare
Marks & Spencer
Compare
Share an Interview