Supplier Development Analyst

Best Buy

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profile Job Location:

Richfield, MN - USA

profile Monthly Salary: Not Disclosed
Posted on: 9 hours ago
Vacancies: 1 Vacancy

Job Summary

The Supplier Development Analyst provides support to the Exclusive Brands (ExB) Category Development team in a variety of areas to build sales and enhance profitability through the entire product life cycle. This role will work with global cross-functional teams located throughout North America and Asia for the execution of the category strategy. This role will focus on assisting in driving sourcing strategies that align to strategic business goals and the critical needs of the relevant category.

This role is hybrid which means you will work some days at our corporate office in Richfield Minnesota and some days virtually from home or another non-Best Buy location. The specific work arrangements vary by role and team. The recruiter or hiring manager will provide more details during the hiring process.

Due to the global nature of this role some meetings will occur outside of standard business hours. Work hours may occasionally start as early as 7:00 AM or extend as late as 10:00 PM to accommodate international time zones.

What youll do
  1. Supplier Development
  • Assist in managing a supplier matrix and country of production strategy that achieves global balance optimal performance and delivers on cost quality and responsible sourcing expectations.
  • Support the supplier evaluation selection and performance management processes.
  • Support the development an end-to-end commercialization calendar with the Exclusive Brands cross functional team.
  • Assist with ExB cross functional team to monitor product commercialization process to ensure on time and to spec manufacturing product delivery.
  • Coach support and collaborate suppliers for the onboarding process.
  1. Category Development
  • Responsible for analysis problem solving executing processes and utilizing business systems and technology to support the category development outcomes.
  • Evaluate suppliers by evaluating capabilities cost analysis performance and providing consistent feedback.
  • Collects and shares industry and supplier intelligence on a regular basis.
  • Analyze and utilize data and analytics to help support negotiations and help cross-functional team achieve financial plans.
  • Assist with Exclusive Brands cross functional team to continuously drive efficiencies and product cost downs.
  1. Collaboration
  • Partners with Exclusive Brands cross-functional teams and Category Management team to successfully deliver results.
  • Implements and supports continuous improvements and embraces new digital tools and ways of working with the Exclusive Brands cross functional team.

Basic qualifications
  • 3 or more years of direct sourcing merchandising and vendor management experience
  • Basic proficiency with Microsoft Office Suite (Excel PowerPoint Outlook)
  • Excellent written and verbal communication skills

Preferred qualifications
  • Proficiency in purchasing and planning software such as SAP Ariba Oracle or similar platforms.
  • Experience working with Project One software or similar project management tools
  • Experience preparing and managing Requests for Proposals (RFPs) including reviewing requirements and coordinating submissions.

Whats in it for you

Were committed to helping our people thrive at work and at home. We offer generous benefits that address your total well-being and provide support as you need it especially key moments in your life.

Our benefits include:
  • Competitive pay
  • Generous employee discount
  • Physical and mental well-being support

About us

As part of the Best Buy team youll help us fulfill our purpose to enrich lives through technology. We bring that to life every day by humanizing and personalizing tech solutions for every stage of life in our stores online and in customers homes.

Our culture is built on deeply supporting and valuing our amazing employees who make it all possible. Were committed to being a great place to work where you can unlock unique career possibilities. Above all we aim to provide a place where you can bring your full authentic self to work now and into the future. Tomorrow works here.


Best Buy is an equal opportunity employer.


Required Experience:

IC

The Supplier Development Analyst provides support to the Exclusive Brands (ExB) Category Development team in a variety of areas to build sales and enhance profitability through the entire product life cycle. This role will work with global cross-functional teams located throughout North America and ...
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