Sourcing Analyst

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. 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. 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. Proficiency with Microsoft Office, particularly Excel and PowerPoint. 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. Ability to manage multiple sourcing initiatives and priorities. Job Summary. Key Responsibilities. Strong analytical and problem-solving skills. Project management and organizational skills. Strong written and verbal communication skills.