Manager, Strategic Sourcing

Welcome to Lowe's, where we are dedicated to helping our customers create the homes of their dreams. We are currently seeking a highly motivated and experienced Manager of Strategic Sourcing to join our team. In this role, you will be responsible for developing and executing sourcing strategies that drive cost savings and increase efficiency for our company. As a key member of our supply chain team, you will have the opportunity to make a significant impact on our business and contribute to our continued success. If you have a passion for strategic sourcing and a proven track record of delivering results, we want to hear from you!

1. Develop and implement strategic sourcing strategies that align with the company's goals and objectives.
2. Identify cost-saving opportunities and negotiate contracts with suppliers to ensure the best value for the company.
3. Manage and maintain relationships with suppliers to ensure consistent and reliable delivery of goods and services.
4. Analyze market trends and industry developments to stay ahead of the competition and identify new sourcing opportunities.
5. Collaborate with cross-functional teams to ensure sourcing strategies are integrated into overall business strategies.
6. Monitor and report on key performance indicators to track progress and identify areas for improvement.
7. Develop and maintain a strong network of suppliers and vendors to ensure a diverse and competitive supply base.
8. Stay up-to-date on industry best practices and trends in sourcing and supply chain management.
9. Identify and implement process improvements to streamline sourcing processes and increase efficiency.
10. Train and develop team members to ensure a high level of expertise in strategic sourcing techniques.
11. Ensure compliance with company policies and procedures as well as legal and ethical standards in all sourcing activities.
12. Communicate and collaborate effectively with all levels of the organization, including senior leadership, to drive strategic sourcing initiatives forward.
13. Proactively address any issues or challenges that arise in sourcing processes and develop solutions to mitigate risks.
14. Stay within budget and achieve cost savings targets set by the company.
15. Continuously evaluate and assess supplier performance to ensure quality, reliability, and cost-effectiveness.

According to JobzMall, the average salary range for a Manager, Strategic Sourcing in Mooresville, NC, USA is between $89,000 to $130,000 per year. The specific salary for an individual in this role may vary depending on factors such as experience, qualifications, and the specific company they work for. It is important to research the specific company and job posting to get a more accurate salary estimate.

Lowe's Companies, Inc., doing business as Lowe's, is an American retail company specializing in home improvement.