Strategic Sourcing Lead - MarketingApply Now Job ID: R0000170508 job family: Purchasing & Procurement schedule: Full time Location: 1000 Nicollet Mall, Minneapolis, Minnesota, United States, 55403-2542;
Target is an iconic brand, a Fortune 50 company and one of America’s leading retailers.
Right on pace with Target’s distinctive and beloved retail brand, Procurement 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 and processes, 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 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. You will lead cross functional work teams and provide 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 will develop event strategies and buying programs for indirect spend categories, including guiding the team in financial analysis methods, such as clean sheet and award scenarios.
In this role you communicate and present to internal and external stakeholders (includes the proficiency to engage with Sr. Leadership using tailored messaging and/or storytelling), are able to speak the language of the business, and are skilled enough to drive and manage change across the organization with speed and agility. You operate independently in the application of the strategic sourcing practice, quickly connecting its vision and strategy to project execution that aligns with stakeholder expectations. In leveraging partnerships with subject matter experts, you’ll 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. To ensure desired outcomes while communicating progress in a timely and fact-based manner, you’ll manage and report on progress against sourcing project goals. You identify and effectively manage a variety of conflict solutions.
You will lead (both internally and externally) contracting efforts partnering with the appropriate legal teams (including large and complex efforts). You actively participate in contract drafting, contract analysis/review and will summarize or interpret relevant business impact. Demonstrating knowledge of supply/demand dynamics and industry cost structures and mechanisms is critical in this role. You will leverage your knowledge of supply chain costing and delivery models and are able to apply them through-out the project, product or contract lifecycle. You will maintain awareness of policies and deploy best practices in ethical business behavior.
You lead and act as a peer mentor to coach new TM’s in skills development.
Core responsibilities are described within this job description. Job duties may change at any time due to business needs.
- 4-year college degree and/or equivalent experience
- 7-10 years of relevant experience
- Strong written & verbal communication skills
- 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
Americans with Disabilities Act (ADA)
Target will provide reasonable accommodations (such as a qualified sign language interpreter or other personal assistance) with the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please visit your nearest Target store or Distribution Center or reach out to Guest Services at 1-800-440-0680 for additional information.
What’s it like to work here? We’re asked that a lot. Target respects and values the individuality of all team members and guests—and we have lots of fun in all that we do.experience our culture