Sourcing Analyst

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.

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.

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.

Knowledge, Skills and Abilities ,

• •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

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.