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Procurement Analyst
47 minutes ago
Overviewlululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. We focus on technical fabrics and functional design to create transformational products and experiences that support people in moving, growing, connecting, and being well. We aim to create a healthier, thriving future with an equitable, inclusive and growth-focused environment for our people.About This TeamThe Global Procurement team are trusted business advisors who strategically partner with internal stakeholders and external suppliers to create value and mitigate risk in strategic non-product purchases for the global organization. The team supports the business by increasing profitability and return on investment through the indirect supply chain with strategic and stakeholder-centric procurement. From providing category expertise, market insights, cost savings opportunities, supplier performance and relationship management to developing short and long-term strategies, the Global Procurement team plays a key role in value delivery for our business.Core ResponsibilitiesAs part of the Global Procurement team, the Procurement Analyst partners with stakeholders to advance their business goals and priorities. You will apply advanced data analysis, support and lead competitive sourcing and negotiations, manage suppliers, and drive end-to-end project execution. You will also support the Procurement Leadership Team in delivering the annual category strategy and proactively surface opportunities and risks that may impact those objectives.Build strong partnerships with business leaders to execute sourcing initiatives that meet functional priorities and elevate Global Procurement’s impact.Participate in category strategies development through a collaborative, inclusive approach that aligns to business and enterprise priorities.Analyze bids, spend, and other data sources to identify value opportunities and generate actionable insights for decision-making.End-to-end sourcing execution, ensuring alignment with category objectives and business requirements.Facilitate the contract review process and partner with Legal to ensure timely, accurate execution of agreements.Partner with FP&A to validate project savings and confirm value delivery against financial targets.Maintain tools and processes used to plan, track, and execute strategic sourcing activities.QualificationsRequired: BachelorPreferred: MBA, SCMP or equivalent professional designation2+ years Procurement experience1+ years of experience in one or more categories: Technology, Retail & Packaging, Facilities & Store Development, or Marketing & Corporate ServicesExcellent PC skills (Microsoft Office), knowledge of P2P (Coupa)/Oracle a plus.Strong analytical, communication, and stakeholder management skills.Core capabilities:Relationship building: Manages stakeholder input, assessing specific issues to improve stakeholder engagement and build relationships.Category management: Understands existing supply base being used by category. Gathers market research and understands commodity features. Applies standardized procedures when evaluating patterns, suppliers, organization requirements and market trends.Sourcing: Acts as a cross-functional team member to analyze information and formulate sourcing strategies and plans. Evaluate bids and supplier proposals, leveraging cost modeling and qualitative criteria to identify optimal solutions. Translates findings into actionable recommendations that deliver value and support strategic objectives.Negotiation: Demonstrates foundational negotiation skills, primarily supporting others but increasingly leading negotiations.Project management: Defines scope, estimates resources, and manages timelines. Maintains schedules, identifies dependencies, and mitigates risks to ensure successful delivery.Must HavesAcknowledges the presence of choice in every moment and takes 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, i.e., doesn’t take yourself too seriously.Additional NotesAuthorization to work in Canada is required for this role.Compensation And Benefitslululemon’s compensation offerings are grounded in a pay-for-performance philosophy that recognizes exceptional individual and team performance. The typical hiring range for this position is from $66,000 - $86,600 annually; the base pay offered is based on market location and may vary depending on job-related knowledge, skills, experience, and internal equity. As part of our total rewards offering, permanent employees in this position may be eligible for our competitive annual bonus program and, subject to program eligibility requirements.At lululemon, Investing In Our People Is a Top Priority. We Believe That When Life Works, Work Works. We Strive To Be The Place Where Inclusive Leaders Come To Develop And Enable All To Be Well. Other components Of Our Total Rewards Offerings Include Career Development, Wellbeing, And Personal Growth.Extended health and dental benefits, and mental health plansPaid time offSavings and retirement plan matchingGenerous employee discountFitness & yoga classesParenthood top-upExtensive catalog of development course offeringsPeople networks, mentorship programs, and leadership seriesNote: The incentive programs, benefits, and perks have certain eligibility requirements. The Company reserves the right to alter these incentive programs, benefits, and perks in whole or in part at any time without advance notice.Workplace ArrangementHybrid: In-person collaboration and connection is important to our culture. Work is performed onsite, minimum 4 days per week. #J-18808-Ljbffr
