The pay range is $125,600.00 - $226,100.00
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:
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 Procurement team 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 Target Procurement is a chance to positively impact several key areas of Target’s business. Your input will ensure that Target realizes the expected value from the terms of our agreements that comprise nearly a $12 billion in annual spend toward innovative and competitively priced goods and services by:
• Articulating and embodying the vision and mission of the company and the Procurement organization
• Ensuring sourcing and procurement strategies are fully aligned with Target's strategic priorities
• Developing and designing strategies in partnership with peers and leaders, and then working to communicate the strategy to peers and executives to ensure full understanding, support, and alignment
• Being a catalyst for developing and facilitating policies, processes, financial integrity, and transparency
• Demonstrating authentic leadership with a primary focus on the development of talent and a diverse team culture
• Driving clarity and consistency across teams, leaders, internal partners, and external partners
As a Director, you will lead a team of sourcing leads and sourcing professionals; by providing direction, coaching, and career advice to the entire team along with chairing talent meetings, writing and delivering annual reviews and merit statements. This role communicates and presents to internal and external stakeholders. You must be familiar with industry cost modeling, market trends, and relevancy, with an understanding of company-wide indirect sourcing strategies for organizational success. This role will develop joint goals with adjacent functions, pyramids, and stakeholders to assure continued collaboration, and building and managing relevant metrics. As Director, you will drive strategies around supplier relationships that matter the most (e.g., critical vendors) and set expectations for tough negotiations with leveraged suppliers. You must manage and resolve disputes, both internally and externally, working with finance and legal where appropriate. To provide instinctive analysis and naturally synthesize information that reflects the requirements, you must be aware of conditions and trends that exist in the market, and work to understand, communicate, and bring innovations to the team. This role understands operational requirements of business partners / clients, acting as a Trusted Advisor and develops strategic category plans and negotiation treatment direction. As Director, you will implement routines to proactively anticipate and minimize operational risks to Target’s supply base.
About You:
• 4-year college degree and/or equivalent experience
• 15+ years of relevant experience
• Experience directly or indirectly leading peers, leaders, and cross-functional partners
• Expertise in sourcing and negotiations, and has led large, pyramid-spanning negotiations with strategic suppliers
• Experience making business decisions quickly, in service of delivering results and achieving goals - Ability to quickly assess relevant factors (like internal and external metrics, landscape/community, insights, trends, team, etc.) and apply that to a decision, while understanding the up and down-stream impacts of that decision
• Has leveraged technology (automation, AI, and interconnectivity) to create holistic and long-term value within procurement processes and the contract management lifecycle
• Excellent written & verbal communication skills, with experience working directly with Sr. Leaders
• Ability to build & maintain strong internal & external relationships quickly
• Experience in public speaking and presenting
• A growth mindset, with the ability to learn new programs & industries quickly
• Ability to maintain a flexible work schedule around sourcing events, and comfortable operating within emerging/rapid-growth/fast-paced categories in a self-directing environment
• Proficient in Microsoft Office suite
Even better if:
• MBA
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)
Target will provide reasonable accommodations 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 Supply Chain Facility or reach out to Guest Services at 1-800-440-0680 for additional information.
Application deadline is : 08/01/2024 Employment Type: Full time