Analyst Strategic Sourcing (IT Sourcing)

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 is a FORTUNE® 100 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. 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.

Lowe’s India, the Global Capability Center of Lowe’s Companies Inc., is a hub for driving our technology, business, analytics, and shared services strategy. Based in Bengaluru with over 4,500 associates, it powers innovations across omnichannel retail, AI/ML, enterprise architecture, supply chain, and customer experience. From supporting and launching homegrown solutions to fostering innovation through its Catalyze platform, Lowe’s India plays a pivotal role in transforming home improvement retail while upholding strong commitment to social impact and sustainability. For more information, visit Lowes India

About the Team

This position is part of Enterprise Strategic Sourcing Team, which has the responsibility to manage Indirect spend for Lowe’s India. This position will manage the various responsibilities related to procurement of IT (Hardware, Software, Equipment - Telecom, Networks, Printers, and Consulting solutions) products and services from third parties. Lead will coordinate with various stakeholders involved in procure to pay activities - primarily with Business/ Functional team members, Legal, Finance, Vendors, etc.

I. Job Summary:

The primary purpose of this role is to execute complex IT 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 intel to help the business identify opportunities with demand and usage for projects. Other key components of the role include leading continuous improvement activity's, building relationships with the business and support teams, and supporting key initiatives in support customer business goals.

II. Roles & Responsibilities:

Core 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

III. Years of Experience:

2-5 Years Sourcing Experience

IV. Education Qualification & Certifications

Required Minimum 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

V. Skill Set Required

Primary Skills (Must have)

· 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.