Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE 50 home improvement company serving more than 18 million customers a week in the United States and Canada. With the fiscal year 2019 sales of $72.1 billion, Lowe's and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ approximately 300,000 associates. Founded in 1946 and based in Mooresville, N.C., Lowe's supports its hometown Charlotte region and all communities it serves through programs focused on safe, affordable housing and careers in the skilled trades. For more information, www.Lowes.com
About Lowe's India
Lowe's India is the retail technology center for Lowe's Companies Inc. and is based out of Bengaluru, India. Set up in 2014, Lowe's India focuses on technology and shared business services. Technology teams support e-commerce, mobile, infrastructure and corporate systems that enable various functions such as supply chain, distribution, corporate services. Initiated with just over 20 associates, Lowe's India now has a growing associate base which employs over 3000 people.
with the business and support teams, and supporting key initiatives in support customer business goals.
Key Responsibilities
Develops and executes RFP, RFQ, RFI, etc.
Develops comprehensive bid package for RFx events
Utilizes E-Sourcing tools for RFx events
Builds and executes sourcing project plans to meet timelines
Manages and communicates project updates to business customers and support stakeholders
Develops negotiation plans and conducts direct negotiations with suppliers
Leverages data and market intel in negotiations and key decisions
Executes supplier NDA's
Develops and negotiates SOW's
Evaluates previous SOW's, KPI's and operational issues to develop improved SOW's from Category Manager input
Develop supplier scorecards for RFx results to drive decision making
Manage finance and legal partnership at project level
Support baseline development for RFx events
Presents materials to stakeholders, evaluating pros/cons of suppliers across multiple award scenarios to influence and drive decision making
Leads vendor workshops
Support catalog implementation, set up as required
Support document migration / integration as required
Work hours between 2pm-11pm on weekdays
Required Qualifications
Min 3 years of business experience or bachelor's degree with internship experience
Bachelor's degree in business, finance, engineering, or related field, or equivalent experience in lieu of a bachelor's degree
3+ Years Sourcing Experience
Knowledge and usage of E-sourcing tools
Project management skills
Contracting and vendor management experience
Cost analysis & Negotiation experience
Working with cross-functional teams
Strong MS Office and presentation skills
Collaboration & communication skills
Knowledge of procurement tools
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.
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