Strategic Sourcing Lead

About us:

As a Fortune 50 company with more than 400000 team members worldwide Target is an iconic brand and one of Americas leading retailers.

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 different voices and lifts each other up. Here we believe your unique perspective is important and youll build relationships by being authentic and respectful.

Overview about TII

At Target we have a timeless purpose and a proven strategy. And that hasnt happened by accident. Some of the best minds from different backgrounds come together at Target to redefine retail in an inclusive learning environment that values people and delivers world-class outcomes. That winning formula is especially apparent in Bengaluru where Target in India operates as a fully integrated part of Targets global team and has more than 4000 team members supporting the companys global strategy and operations.

Right on pace with Targets 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 andleadingsourcing and negotiation approaches forindirect spend categories. Youll share and promote the best tactics across the entire company while developing deep category knowledge and close client relationships. Youllalsocollaboratewithinternal partnerswhouse world class sourcing tools and processes buildtotal cost of ownership financial modelsensurecontract & catalog managementdeliveroperationalleadershipandchampionSupplier Diversityin order to optimize leverage for Target.

PRIMARY FUNCTION/ PRINCIPAL DUTIES AND RESPONSIBILITIES

This roleacts as a trusted advisor; consistently delivering on fundamentals andadvancedsourcing techniques through the execution ofcomplexand/orambiguousprojectswithtailored engagement will lead cross functional workteams and provide sourcing and negotiation guidance in primary category and/oralternate programs as will contribute to the development or enhancement of institutional sourcing/negotiation best practices. You will develop eventstrategiesand 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 operate independentlyin the applicationof thestrategic sourcing practice quickly connecting its vision and strategy to project execution that aligns with stakeholder leveraging partnerships with subject matter experts youll 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 pipelinein fulfillment of client category goals and activelygrowrelationshipsin support of that balancecategory management business development and collaborative project leadership to deliver results. To ensure desired outcomes while communicating progress in a timely and fact-based manner youll 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 effortspartnering with the appropriate legal teams(including large and complexefforts). You actively participatein contract drafting contract analysis/review and will summarize or interpretrelevantbusiness 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 newTMs in skills development.

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

SKILLS REQUIRED:

Cross-Functional Leadership & Influence: Extensive experience working in dynamic CFT environments with ability to actively grow relationships and deepen business partner investment/engagement. Independently leads and influences and can convert sourcing best practices to a vision and execute outcomes that meet the diverse needs of internal and external stakeholders.

Expertise in Sourcing & Negotiations: Has contributed to the creation or institutionalization of S2C best practices. Experience developing and leading innovative sourcing strategies that result in best-in-class outcomes on complex/ambiguous programs. Proactively develops sophisticated category management pipeline and provides sourcing and negotiation direction

Decision Making: Experience assessing pros and cons to optimize TCO business decisions. Independently anticipates up and downstream impacts of decisions and can proficiently communicate corresponding risks/benefits to stakeholders including Sr. Leaders. Can manage change and harmoniously resolve stakeholder conflict.

Technical Aptitude : Has routinely leveraged technology (SAP Ariba Greenfield Skylight Domo PIQ) to make informed data driven decisions. Champions the importance of AI automation and machine learning and accelerates data hygiene routines that will enable procurement readiness.

Consultant Mindset: Experience using data insights market intelligence problem solving skills and relational capital to generate TCO models and tailored messaging to lead stakeholder decision making.

About you:

• 4-year college degree and/or equivalent experience
• 7-10 years of relevant experience

• Strong written & verbalcommunicationskills
• Experience in public speaking and presenting
• Proficient in Microsoft Office suite
• Ability to maintain a flexible work schedule around sourcing events
• MBA preferred