Job Description

About Lowe\xe2\x80\x99s Companies Inc.Lowe\xe2\x80\x99s Companies, Inc. (NYSE: LOW) is a FORTUNE\xc2\xae 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe\xe2\x80\x99s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Bengaluru, Lowe\xe2\x80\x99s India develops innovative technology products and solutions and delivers business capabilities to provide the best omnichannel experience for Lowe\xe2\x80\x99s customers. Lowe\xe2\x80\x99s India employs over 4,200 associates across technology, analytics, merchandising, supply chain, marketing, finance and accounting, product management and shared services. Lowe\xe2\x80\x99s India actively supports the communities it serves through programs focused on skill-building, sustainability and safe homes. For more information, visit, .Job Summary :The 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.Role Responsibilities :

• Executes complex sourcing projects leveraging project management and sourcing tools by developing RFPs, RFQs, RFIs, etc. as needed.
• Develops of 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\xe2\x80\x99s.
• 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 influce and drive decision making.
• Manages finance and legal partnership at the project level.
• Leads vendor workshops.
• Well versed with US Transportation \xe2\x80\x93 Truckload & Final Mile.
• Excellent communication skills \xe2\x80\x93 Verbal & written.
• Experience in Running end to end Supply Chain bids independently.
• Experience in US stakeholder & vendor management.
• Must be able to work with multiple stakeholders to drive sourcing objectives. Build relationships and trust with cross functional partners.

QUALIFICATIONSBachelor\'s Degree - Business, Engineering, Science, or related field OrMasters\' Degree - Business, Engineering, Science, or related field MBA, JD, MS, MEYears Of experience:7 Years Procurement, Supply Chain or similar work with an emphasis on sourcing, negotiations, and contractingLowe\'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.

Lowe\xe2\x80\x99s