Job Information
Target Senior Strategic Sourcing Professional in Bangalore, India
Right on pace with Target’s distinctive and beloved retail brand, the Strategic Sourcing & 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.
Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values diverse backgrounds. We believe your unique perspective is important, and you'll build relationships by being authentic and respectful. At Target, inclusion is part of the core value. We aim to create equitable experiences for all, regardless of their dimensions of difference. As an equal opportunity employer, Target provides diverse opportunities for everyone to grow and win
A role with Strategic Sourcing means building and executing category management plans and leading sourcing and negotiation approaches for indirect spend categories across the globe. 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 Senior Strategic Sourcing professional, 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 and drive cross-functional work engagements, 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:
• MBA preferred, 4-year degree or equivalent experience
• 8+ years of relevant experience
• Strong written and verbal communication skills, with experience in C-level stakeholder presentations
• Proficient in Microsoft Office suite
• Ability to maintain a flexible work schedule around sourcing event
Useful Links-
Life at Target- https://india.target.com/
Benefits- https://india.target.com/life-at-target/workplace/benefits
Culture- https://india.target.com/life-at-target/diversity-and-inclusion