Strategic Sourcing Lead: RFx, Negotiations & Contracts

Lowe's Companies, Inc.; Mooresville (NC); On-site; USD 90,000 - 120,000; Full time

Job summary

Lowe’s Companies, Inc. seeks a sourcing specialist at our Mooresville, NC headquarters to partner with Enterprise Strategic Sourcing to execute procurement projects. You will perform data analysis, develop RFPs, coordinate vendor onboarding, and manage vendor relationships to drive cost efficiency and value.

You will collaborate with sourcing managers to deploy e-sourcing tools, negotiate agreements, and produce SOWs. Strong analytical, negotiation, and communication skills are essential.

Qualifications

• Bachelor’s degree in Business, Engineering, Science, or related field or equivalent years of experience.
• 3+ years in business, finance, engineering, or related field.
• 2+ years sourcing, market intelligence or vendor management experience.
• Experience in procurement, Supply Chain, Sales, Finance or similar work with emphasis on sourcing, negotiations, and contracting.
• 3+ years business experience.
• Knowledge and experience using E-sourcing tools.
• Financial and business acumen.
• Experience with financial data analysis, strong PowerPoint and Excel skills.

Responsibilities

• Develops and executes RFPs, RFQs and RFIs, etc. as needed to support the business needs.
• Develops baseline analysis and current conditions for sourcing events.
• Consolidates vendor bid sheets.
• Completes initial bid analysis for sourcing events.
• Initiates vendor outreach and develops vendor list for sourcing events.
• Sets up sourcing events using appropriate E-Sourcing tools and processes.
• Owns and updates ESS and business partners on sourcing project updates and status of initiatives.
• Negotiates, processes and executes vendor NDA's and Master Agreements, while adhering to financial policies and compliance requirements.
• Drafts and develops Statement of Work (SOWs) with the outline of technical requirements for sourcing projects and RFX events.
• Coordinates necessary documentation and process for vendor on-boarding.
• Expected to interface frequently with customers regarding project updates and status.
• Builds and maintains effective customer relationships.

Skills

PowerPoint

Excel

Financial data analysis

Negotiation

Education

Bachelor’s degree in Business, Engineering, Science, or related field

3 Years Bachelor’s degree in business, finance, engineering, or related field, or equivalent experience in lieu of a bachelor's degree

Tools

E-sourcing tools

Job description

Lowe’s Companies, Inc. seeks a sourcing specialist at our Mooresville, NC headquarters to partner with Enterprise Strategic Sourcing to execute procurement projects. You will perform data analysis, develop RFPs, coordinate vendor onboarding, and manage vendor relationships to drive cost efficiency and value.

You will collaborate with sourcing managers to deploy e-sourcing tools, negotiate agreements, and produce SOWs. Strong analytical, negotiation, and communication skills are essential.