Strategic Sourcing Lead Finance & Professional Services (Full-Time Remote or Hybrid)

Pay is based on several factors which vary based on include labor markets and in some instancesmay include education work experience and 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 benefits for eligible team members include 401(k) employee discount short term disability long term disability paid sick leave paid national holidays and paid competitive benefits from financial and education to well-being and beyond at us

As a Fortune 50 company with more than 350000 team members worldwide Target is an iconic brand and one of Americas leading retailers.

Working at Target means the opportunity to help all families discover the joy of everyday life. Caring for our communities is woven into who we are and weinvest in the places we collectively live work and play. We prioritize relationships fuel and develop talent by creating growth opportunities and succeed as oneTarget team. At our core our purpose is ingrained in who we are what we value and how we work. Its how we care grow and win together.

Right on pace with Targets 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 Strategic Sourcing is a chance to positively impact several key areas of Targets business. Your input will ensure that Target realizes the expected value from the terms of our agreements that comprise over $15 billion in annual spend toward innovative and competitively priced goods and services. Youll share and promote best practices across the company while developing deep category expertise and close client relationships. Youll also collaborate with internal partners who use world-class sourcing tools and processes build total cost of ownership financial models deliver operational leadership and champion supplier engagement in order to optimize leverage for Target.

Primary Function / Principal Duties & Responsibilities

As a Strategic Sourcing Lead youll act as a trusted advisor independently leading sourcing strategies negotiations and category initiatives consistently delivering on fundamentals andadvancedsourcing techniques through the execution of complex and/or ambiguousprojectswithtailored engagement models that deliver measurable and sustainable value for Target. Youll own grow and proactively pipeline your book of business and will be accountable for driving strategy execution and results. Youll lead cross-functional project teams shape sourcing approaches and serve as the primary contact for complex supplier relationships within your portfolio.

Youll bring a consultant mindset to your work identifying insights building influence and helping business partners make decisions grounded in cost risk and operational impact. Youll collaborate closely with legal finance business and supplier partners to ensure sourcing outcomes are structured intentional and forward-looking. Youll also help define and evolve Targets sourcing capabilities and best practices by applying emerging skills in automation market intelligence and digital tooling and drive change across your book of business with speed and agility. You identify and effectively manage a variety of conflict solutions.

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

Local candidates are required to work a minimum of 1 day in office. The team offices out of our Brooklyn Park campus. The return to office is fluid and may increase to more days over time.

Additional Duties & Responsibilities

• Own and execute sourcing strategies for a growing book of business including complex or highly visible categories
• Lead cross-functional teams through project scoping RFP development supplier evaluation and decision-making
• Independently lead supplier negotiations and scenario modeling incorporating TCO frameworks risk mitigation and contractual terms to optimize outcomes and generate results-based scenarios
• Communicate sourcing strategy and recommendations using insights visuals and storytelling tailored to the business audience
• Balance business and sourcing needs and working with speed and urgency
• Partner with legal on contracting strategy analysis markups & escalation issues ensuring terms align with business goals
• Mentor peers and team members (formally or informally) helping grow sourcing capability across the team
• Track and report value delivery across projects and events ensuring visibility to leadership and finance
• Stay current on market trends cost drivers regulatory shifts and macroeconomic indicators relevant to your space
• Apply advanced use of data and analytics to forecast savings identify sourcing opportunities and assess supplier health
• Champion integrity and ethical sourcing practices

About you

• 7-10 years of relevant experience in sourcing procurement or business operations
• Demonstrated ability to independently lead sourcing strategies supplier negotiations and/or project delivery
• Proven success influencing business stakeholders and building trust in ambiguous cross-functional environments
• Experience working with suppliers legal and other enterprise partners to structure sourcing agreements
• Excellent verbal and written communication skills including comfort with executive storytelling and presentation delivery
• Familiarity with sourcing and contracting platforms (e.g. SAP Ariba Coupa)
• Strong data literacy and analytical skills; able to translate supplier and financial data into business decisions
• Proficiency in Microsoft Office (Excel PowerPoint Word)
• Strong curiosity resilience and comfort with complexity and change
• Experience applying automation AI and market intelligence tools to improve sourcing outcomes and supplier insights
• Ability to manage multiple projects in a fast-paced hybrid and global team environment and ability to maintain flexible work schedule around sourcing events
• Committed to ethical behavior business integrity and inclusive collaboration

Benefits Eligibility

In compliance with state and federal laws Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process please reach out to Non-accommodation-related requests such as application follow-ups or technical issues will not be addressed through this channel.