Analyst - Market Intelligence

Job Description

About Lowe s Lowe s Companies, Inc. (NYSE: LOW) is a FORTUNE 50 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. About the Team Enterprise Strategic Sourcing (ESS) is responsible for managing all Indirect categories within Lowe s collaborating with all business functions, legal, IT and Finance. The Analytics, Market Intel and Process (AMP) team within ESS is responsible for all indirect spend data (>$10B), all procurement processes, systems, policies as well as external market data and insights. The AMP team forms a core part of category management within ESS/Lowe s ensuring value is brought in across projects through valuable insights. Job Summay The primary purpose of this role is to drive execution of research projects in the Market Intel vertical within Enterprise Strategic Sourcing (ESS). The individual is expected to work in conjunction with ESS teams (category managers, sourcing managers, etc), business teams, legal and finance in executing projects. The individual is responsible for overseeing end to end project execution, ensure quality of deliverables and meet timelines. The projects would be focused on all indirect categories within Lowe s and aimed at creating value within ESS and enable effective category management. Roles & Responsibilities: Core Responsibilities: Support both proactive and reactive market research across all indirect categories within ESS including Information technology - hardware, software Marketing Transportation Supply chain HR and Financial services Store supplies and services Facilities management All professional services Contingent workforce Energy All other corporate services Support and deliver end to end perspective of industry drivers and movements in market Update ESS team regularly Help track key KPI s across categories Refresh in regular intervals (monthly/quarterly/daily) as required for executives and Category directors Support commodity monitoring and update existing reports / dashboards Support and deliver supplier intel for strategic and other secondary suppliers through secondary research as required on an ongoing basis / project based Support and publish newsletters specific to categories Support other secondary research including price forecast market indicators risk assessment market conditions for entry benchmarking competitive assessment cost breakdown analysis (TCO) Collaborate with analytics and process team as required Ensure quality of deliverables and strict turnaround times for supplier intel and category intel Experience: Min 3 years of business experience or bachelors degree Education Qualification & Certifications (optional) Required Minimum Qualifications : Any certification in market research is an added advantage Primary Skills (must have) Data Analysis, Excel and PPT Knowledge Better than intermediate level in Microsoft Office (Access, Outlook, Excel, Word), Macro Research capability - deriving insights and key messages for direct consumption Exposure to a consulting environment Must be proficient in communicating with stakeholders. Prior Experience with global stakeholders preferred. Collaboration & communication skills Exposure to Indirect categories and industry research Exposure to Source to contract process