The pay range is $89,700.00 - $161,500.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

About us:

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here.

Right on pace with Target’s distinctive and beloved retail brand, the Indirect Sourcing & Procurement Center of Excellence (COE) works across the business to maximize every resource, asset and relationship. We use good data, in-depth analysis and cross-functional insights to identify and communicate best practices, elevating our sourcing and procurement activities to achieve their very highest potential.

A role with Strategic Sourcing means building and executing category management plans and leading sourcing and negotiation approaches for indirect spend categories. You’ll share and promote the best tactics across the entire company while developing deep category knowledge and close client relationships. You’ll also collaborate with internal partners who use world class sourcing tools, build total cost of ownership financial models, ensure contract & catalog management, deliver operational leadership, and champion Supplier Diversity in order to optimize leverage for Target.

As a Strategic Sourcing Lead, you will act as a trusted advisor; consistently delivering on fundamentals and advanced sourcing techniques through the execution of complex and/or ambiguous projects with tailored engagement models. In this role you will lead cross-functional work teams, providing sourcing and negotiation guidance in primary category and/or alternate programs as needed. You will contribute to the development or enhancement of institutional sourcing/negotiation best practices. You’ll develop event strategies and buying programs for indirect spend categories, including guiding the team in financial analysis methods and award scenarios.

Additionally, you’ll communicate and present to internal and external stakeholders and you will drive and manage change across the organization with speed and agility. You’ll operate independently in the application of the strategic sourcing practice, quickly connecting its vision and strategy to project execution that aligns with stakeholder expectations. You will build partnerships with subject matter experts and support teams to develop innovative sourcing strategies, optimize outcomes and generate results based scenarios that are focused on Total Cost of Ownership (TCO) decision making criteria (quality, service and cost impact). You will proactively develop a project pipeline in fulfillment of client category goals and actively grow relationships in support of that mission. You’ll balance category management, business development and collaborative project leadership to deliver results. You will manage and report on progress against category goals and ensure desired outcomes while communicating progress in a timely and fact-based manner. You’ll identify and effectively manage a variety of conflict solutions.

You will lead (both internally and externally) contracting efforts while partnering with the appropriate legal teams (including large and complex efforts). You’ll actively participate in contract drafting, contract analysis/review and can summarize or interpret relevant business impact. You will understand supply/demand dynamics and industry cost structures and mechanisms, and understand multi-tiered supply chain costing and delivery models and apply them throughout the project, product or contract lifecycle. You’ll maintain awareness of policies and deploy best practices in ethical business behavior. You will lead and act as a peer mentor to coach new team members in skills development.

Core responsibilities are described within this job description. Job duties may change at any time due to business needs.

About you:
• 4-year degree or equivalent experience
• 7+ years of relevant experience
• Strong written and verbal communication skills, with experience in public speaking and presenting
• Proficient in Microsoft Office suite                                              
• Ability to maintain a flexible work schedule around sourcing events
• MBA or Juris Doctor (JD) preferred

This position will operate as a Hybrid/Flex for Your Day work arrangement based on Target’s needs. A Hybrid/Flex for Your Day work arrangement means the team member’s core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually, depending upon what your role, team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. Click here if you are curious to learn more about Minnesota.

Americans with Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to candidate.accommodations@HRHelp.Target.com.