Sr Sourcing Manager, OB F&B Commodities

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 Target means helping all families discover the joy of everyday life. Webring that vision to life through our values and culture.Learn more about Targethere.

A role in Sourcing means having a hand in developing products that have a positive impact on people and the planet. We integrate our sourcing capabilities with our propensity for quality and social responsibility to positively impact the cost and quality of our products. We care about the lives of the people who make the products Target guests love and were mindful of the impact our manufacturing practices have on the Sourcing youll apply your apparel and accessories and/or home goods expertise to promote and apply responsible sourcing practices while driving the success and growth of Targets owned brands. The Sourcing team starts at the very earliest stages of product development builds out the costing models and tracks where product stands at every step in the production cycle from overseas shipping to our import warehouses distribution centers and stores. And since Target is indeed a global company youll be part of the team that manages global relationships in partnership with the buying team who shop for trends all over the world. Your ability to stay aware of our suppliers activities will help ensure compliance with responsible practices and youll have influence over which manufacturers Target chooses to work with. Youll be a close point-of-contact with Target team members in sourcing offices located in 20 countries around the globe and youll support their work as liaisons among buyers product developers and overseas partners.

About the Role

The Sr. Manager Commodity Management supports Owned Brands (OB) Food & Beverage Sourcing by leading commodity strategies that deliver cost optimization supply assurance and risk mitigation across key raw material categories. This role applies deep market insight should-cost modeling and supplier collaboration to enable competitive safe and reliable OB F&B products.

Partnering closely with OB F&B sourcing leaders and cross-functional stakeholders the Sr. Manager assesses market conditions manages supplier and material risk and supports complex sourcing and negotiation strategies. Through strong analytical rigor and executive-ready communication this role translates commodity performance risks and opportunities into clear recommendations that protect supply continuity and support Owned Brands growth.

Key Responsibilities

Lead the development and execution of commodity strategies supporting Owned Brands Food & Beverage balancing cost quality service and supply risk

Identify and deliver raw material cost reduction and supply assurance initiatives aligned to Owned Brands product and sourcing priorities

Analyze market dynamics ingredient cost drivers and supply risks (capacity constraints volatility geopolitical exposure) to inform OB F&B sourcing strategies

Oversee should-cost modeling benchmarking and opportunity assessments for key ingredients and materials to support pricing transparency and negotiations

Lead supplier and ingredient sourcing initiatives ensuring contracts include appropriate commercial quality food safety and risk protections

Define and implement risk mitigation strategies (e.g. dual sourcing alternate ingredients inventory strategies) to protect continuity of OB F&B supply

Partner with Owned Brands sourcing leaders and cross-functional teams (Quality Food Safety Regulatory Finance) to align on strategy and risk mitigation plans

Communicate commodity performance ingredient risks and recommendations to senior leadership through clear actionable reporting

About you:

Bachelors degree in Supply Chain Business Economics or related field

6-8 years of experience in strategic sourcing commodity management or supply chain roles

Demonstrated experience with should-cost analysis cost modeling and total cost of ownership evaluation

Strong understanding of commodity market volatility and supply risk factors

Proven ability to influence stakeholders and lead complex negotiations

Strong analytical communication and interpersonal skills

Ability to operate effectively in a fast-paced matrixed environment