Strategic Sourcing Analyst

Lowe's India; Bengaluru; Hybrid; INR 900,000 - 1,400,000; Full time

Benefits offered by this job

On-site gym and clinic

Ultramodern work environment

Job summary

Lowe's India is hiring a Strategic Sourcing Analyst to support enterprise sourcing initiatives in HR and Finance categories from Bengaluru. You will conduct competitive sourcing events, supplier negotiations, and market research to enable compliant, cost-effective supplier selections.

The role partners with US-based ESS teams and cross-functional partners, ensuring adherence to Lowe’s policies and processes. Hybrid work model with on-site office presence in Bengaluru.

Qualifications

• Bachelor’s degree required.
• 3+ years in strategic sourcing, procurement, or related field.
• Strong analytical and problem-solving abilities.
• Proficiency with Excel and PowerPoint.
• Excellent written and verbal communication.
• Ability to manage multiple sourcing initiatives and priorities.
• Experience supporting RFPs, RFQs and other competitive sourcing events.

Responsibilities

• Supports development and execution of competitive sourcing events (RFPs/RFQs/RFIs).
• Develops baseline and spend analyses to support sourcing strategies.
• Analyzes supplier proposals, pricing and bid responses.
• Conducts initial bid, pricing and commercial analyses.
• Partners with Market Intelligence for supplier and market research.
• Manages sourcing events using e-sourcing tools and processes.
• Supports negotiations and contracting (NDAs, SOWs, master agreements).
• Tracks initiatives and maintains project documentation.
• Engages stakeholders across functions to support sourcing initiatives.

Skills

Analytical thinking

Problem-solving

MS Office (Excel, PowerPoint)

Project management

Cross-functional collaboration

RFPs/RFQs/RFIs

Sourcing principles

Supplier/vendor management

Communication (written & verbal)

Multitasking

Education

Bachelor’s Degree (3 years) in any discipline

Tools

Microsoft Office

Excel

PowerPoint

Job description

Innovate in Bengaluru

This position is based at our on-site office in Bengaluru. Lowe's offers an ultramodern work environment, complete with cutting-edge technology, collaborative workspaces, an on-site gym and clinic, and other perks to enhance your work experience.

About Lowe’s

Lowe'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. For more information, visit Lowes.com.

About Lowe’s India

At Lowe's India, we are the enablers who help create an engaging customer experience for our $97 billion home improvement business at Lowe's. Our 4000+ associates work across technology, analytics, business operations, finance & accounting, product management, and shared services. We leverage new technologies and find innovative methods to ensure that Lowe's has a competitive edge in the market.

To know more about Lowe's India, visit Lowes.co.in

About The Team

This position is part of Lowe’s Enterprise Strategic Sourcing (ESS) team and will primarily support the Human Resources and Finance categories. The team partners with business stakeholders and cross-functional partners, including Market Intelligence, Legal, Finance, and suppliers, to support sourcing strategies, competitive sourcing events, supplier selection, negotiations, contracting activities, and supplier management. The Analyst will work closely with U.S.-based ESS category teams to support sourcing initiatives and business requirements.

Job Summary

The primary purpose of this role is to support Enterprise Strategic Sourcing initiatives across the Human Resources and Finance categories. The Strategic Sourcing Analyst will support competitive sourcing events, spend and commercial analysis, supplier and market research, supplier negotiations, and contracting activities. The role will partner with U.S.-based ESS category teams, business stakeholders, Market Intelligence, Legal, Finance, and suppliers to support sourcing strategies and initiatives while ensuring compliance with applicable Lowe’s policies and processes.

Key Responsibilities

• Supports the development and execution of competitive sourcing events, including RFPs, RFQs and RFIs, based on business requirements.
• Develops baseline analyses, spend analyses and current-state assessments to support sourcing strategies and events.
• Analyzes and consolidates supplier proposals, pricing and bid responses.
• Conducts initial bid, pricing and commercial analyses for sourcing events.
• Partners with the Market Intelligence team to conduct supplier and market research, identify potential suppliers, and provide analysis to support sourcing strategies, supplier selection and competitive sourcing events.
• Creates and administers sourcing events using applicable e-sourcing tools and processes.
• Supports supplier negotiations and the contracting process for vendor agreements, including master agreements, NDAs, SOWs and amendments, while adhering to applicable financial policies and compliance requirements.
• Tracks sourcing initiatives, maintains project documentation and provides timely status updates to ESS and business partners.
• Partners with business stakeholders and cross-functional teams to gather requirements and support sourcing initiatives.
• Builds and maintains effective relationships with business stakeholders, suppliers and cross-functional partners.

Education Qualifications

Bachelor’s Degree (3 years) in any discipline

Work Experience

• Minimum 3 years of experience in strategic sourcing, procurement, or a related field. Strong analytical and problem-solving skills
• Proficiency with Microsoft Office, particularly Excel and PowerPoint
• Project management and organizational skills
• Cross-functional collaboration and stakeholder management
• Experience supporting RFPs, RFQs and other competitive sourcing events
• Understanding of sourcing, contracting and commercial principles
• Supplier/vendor management
• Strong written and verbal communication skills
• Ability to manage multiple sourcing initiatives and priorities

Preferred

• Exposure to or experience supporting supplier negotiations preferred.

Work Schedule

2 PM to 11 PM (IST) - Hybrid mode.

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.

Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.