Strategic Sourcing Lead- Technology
Job Title Strategic Sourcing Lead
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, 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.
The Strategic Sourcing Lead acts 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. Leads cross functional work teams, providing sourcing and negotiation guidance in primary category and/or alternate programs as needed. Contributes to the development or enhancement of institutional sourcing/negotiation best practices. Develops event strategies and buying programs for indirect spend categories, including guiding the team in financial analysis methods 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), you are able to speak the language of the business, and you 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. You 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 proactively develop a project pipeline in fulfillment of client category goals and actively grow relationships in support of that mission. You balance category management, business development and collaborative project leadership to deliver results. You manage and report on progress against category goals and ensure desired outcomes while communicating progress in a timely and fact-based manner. You identify and effectively manage a variety of conflict solutions.
You are able to 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 can summarize or interpret relevant business impact.
You demonstrate knowledge of supply/demand dynamics and industry cost structures and mechanisms, and you understand multi-tiered supply chain costing and delivery models and are able to apply them through-out the project, product or contract lifecycle. You maintain awareness of policies and deploy best practices in ethical business behavior.
You lead and act as a peer mentor to coach new team members in skills development.
Job responsibilities 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
Even better if:
- Experience in sourcing complex IT hardware and software contracts
- Advanced degree, MBA or JD
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