Strategic Sourcing Professional
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Job Location:
Monthly Salary:
Posted on:
4 days ago
Vacancies:
1 Vacancy
Job Summary
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.
The strategic Sourcing Professional may either independently or by supporting the strategic sourcing Lead carry out the following:
Category Planning & Strategy:
Support business leadership teams by understanding their business plans within your area of responsibility and by developing sourcing strategies that add value to Target.
Leverage established best practices to effectively engage clients identify stakeholder needs and provide timely updates
Conduct vendor research and gather market intelligence for assigned projects.
RFX Events and Supplier Negotiations:
Develop and manage RFPs for assigned projects by identifying client requirements and coordinating with stakeholders and vendors.
Evaluate and analyze supplier proposals
Review and negotiate contracts or renewals.Contract Management
Develop and maintain a relationship with a portfolio of Vendors
Proactively leverage identified risk management practices that protect Target from unanticipated risk or financial exposure through due diligence contracts and vendor management
Identify contract savings opportunities &quantify savings.
Follow the best practices with respect to all Anti-bribery laws conflict of interest policy and information protection regulations
Additional Duties & Responsibilities
- Balance business and sourcing needs and working with speed and urgency
- Incorporate storytelling and influence techniques when presenting sourcing recommendations to business clients and partners
- Participate in team trainings and routines focused on emerging sourcing capabilities such as supplier intelligence automation and the consultant mindset
- 4-5 years of total work experience preferably in strategic sourcing and vendor management.
- MBA or equivalent experience
- Strong interpersonal verbal presentation and written communication skills
- Ability to clearly identify and communicate stakeholder needs technical aspects of primary requirements and the procurement process
- Positive attitude and the ability to effectively deal with team and Business Partners
- Ability to work under pressure
- Interest in learning how AI digital tools and automation are shaping the future of sourcing
- Demonstrated data literacy able to build interpret and communicate insights from sourcing systems and events
- Effective in global environments with excellent cross-cultural communication and collaboration skills
- Team Player
Required Experience:
Unclear Seniority
Key Skills
- Finance Control
- Finance
- ABAP
- Body Care
- Business Analytics
- Avionics
About Company
1234 employees
Target Corporation is an American retail corporation. The eighth-largest retailer in the United States, it is a component of the S&P 500 Index.
