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74 Lowe's Jobs

IND_Lead_Strategic Sourcing

5-10 years

Bangalore / Bengaluru

1 vacancy

IND_Lead_Strategic Sourcing

Lowe's

posted 2d ago

Job Role Insights

Flexible timing

Job Description

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, RPQ/RFPs, negotiation, contracting, creating PO from an approved PR, maintaining list of contacts, repository of contracts, alerts, intimations, vendor registration, stakeholder management, project management, etc. This role is also expected to drive measurable improvement areas within, vendor onboarding, 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 legal 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
  • Project manage critical, complex and high value sourcing projects
  • 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
  • Stakeholder management
  • Be accountable for results
Years of Experience:
5 to 10 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)
  • 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
  • Strong negotiation skills
  • Exceptional contract management skills
  • Excellent problem solving and analytical skills
  • Customer and service centric mind set, placing the user at the heart of the solution
  • Agile and should be able to handle critical, timebound & complex sourcing projects
  • Risk management - should be able to identify potential risks and develop strategies to mitigate it
  • Able to multi-task and respond quickly and effectively to the challenges faced
  • Self-starter & should be able to lead cross functional teams for a given project
  • Strong liaising, project management, co-ordination, planning and facilitating skills


Employment Type: Full Time, Permanent

Read full job description

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What people at Lowe's are saying

Lead salary at Lowe's

reported by 14 employees with 7-13 years exp.
₹15.6 L/yr - ₹50 L/yr
108% more than the average Lead Salary in India
View more details

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
View more insights

Lowe's Benefits

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