Job description
who we arelululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.
about the role
The Procurement Analyst will be focused on identifying and addressing cost savings opportunities across Lululemon through spend analytics and benchmarking, sourcing strategy development, and strategic sourcing/supplier negotiations activities. The Procurement Analyst explores spend opportunities as identified by the Procurement/Category Manager but is expected to pro-actively analyze spend as well. This position will have an active role in managing and delivering strong results that support the category strategy and provide significant value to the Department/Company. A successful candidate will be adept at analyzing data and developing insights that inform and support fact-based decision-making. As the Procurement Analyst will work on several different initiatives simultaneously, strong personal organizational skills with the ability to manage competing priorities are also important.
The Procurement Analyst will frequently work with individuals from business units across the Company and will also be responsible for communicating and building relationships with suppliers. Strong relationship skills and the ability to communicate with all levels will help this person to be successful in the role.
As the Procurement Analyst will interact with and develop an understanding of various areas of the business, experience in the Indirect Procurement organization will likely be a valuable asset for future opportunities that arise in other business units.
core responsibilities:
- Leading strategic sourcing events and supplier negotiations, with the support of others in the Procurement organization as needed
- Analyzing spend data and other resources to identify savings opportunities and uncover additional insights
- Participating in conversations with business unit leadership to highlight potential savings opportunities, understand the requirements of the business, and support decision-making
- Managing supplier performance and relationships to ensure the organization’s expectations are met
- Use strategic tools to inform category strategies
- Conducting ongoing reviews of categories to inform future category strategies and activities
- Participating in development of category strategies and sourcing approaches
- Tracking performance of the procurement organization against established metrics and providing reporting to Company leadership
- Validating projected savings from sourcing events and other sources
- Identifying needs of the business units regarding procurement-related education and supporting development of training sessions/materials
- Supporting creation and communication of standardized procurement policies and processes
- Executing other procurement-related special projects as needed
- 3+ years in procurement related role
- Bachelor’s degree required
- Strong ability to communicate and build relationships with both internal and external stakeholders at all levels.
- Able to effectively manage competing priorities while ensuring that all expectations are met or exceeded.
- Develop and continue to broaden understanding of commodities and industry cost drivers to determine implications on Lululemon Supply base and sourcing strategy
- Experience in analyzing complex data to develop insights and quickly learning and adopting new methods and processes.
- International experience is a plus
- Capable of balancing workload and prioritizing tasks
- Excellent PC skills (Microsoft Office), knowledge of P2P/Oracle a plus
- Be decisive when presented with limited data (decision-making) and result-orientation
- Acknowledge the presence of choice in every moment and take personal responsibility for your life.
- Possess an entrepreneurial spirit and continuously innovate to achieve great results.
- Communicate with honesty and kindness and create the space for others to do the same.
- Lead with courage, knowing the possibility of greatness is bigger than the fear of failure.
- Foster connection by putting people first and building trusting relationships.
- Integrate fun and joy as a way of being and working, aka doesn’t take yourself too seriously.
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