Sourcing Analyst
Target
About us:
Target is an iconic, beloved, and well recognized brand, a Fortune 50 company and one of America’s leading retailers.
Target Merchandising is evolving at an incredible pace. We are constantly reimagining how this $100 billion retailer offers the innovative, guest-inspiring items that Target is known and loved for. Our goal is to deliver exceptional value, quality, and style to elevate Target as the premier retailer in a competitive global marketplace. Through intelligent and progressive business strategies that make the most of Target’s resources and partnerships worldwide, Merchandising works across product categories to create a localized shopping experience online and in our 1800 stores. Are you a creative problem solver who loves to see your work translate into real results? Can you collaborate effectively, execute a plan efficiently and positively influence how Target chooses and presents the right product in the right place at the right price? If so, you will have success on one of our dynamic teams.
A role in Owned Brand 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 we’re mindful of the impact our manufacturing practices have on the environment. In Sourcing, you’ll apply your apparel and accessories and/or home goods expertise to promote and apply responsible sourcing practices while driving the success and growth of Target’s 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, you’ll 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 you’ll have influence over which manufacturers Target chooses to work with. You’ll be a close point-of-contact with Target team members in sourcing offices located in 20 countries around the globe, and you’ll support their work as liaisons among buyers, product developers and overseas partners.
Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs.
Key Responsibilities:
Core responsibilities are described within this job description. Job duties may change at any time due to business needs.
Support Sourcing Managers in EDC, A&A and H&H Businesses:
- Provide day-to-day support to Western Hemisphere Sourcing Managers for the EDC, A&A and H&H business lines to drive sourcing strategies and elevate business partners.
Ongoing Training and Onboarding:
- Facilitate vendor and factory onboarding for new business partners in the WH region.
- Provide ongoing training to vendors and factories to support growth and development in WH operations.
Vendor Performance Management:
- Analyze vendor performance metrics to identify root causes of underperformance.
- Collaborate with Sourcing Managers to develop action plans aimed at vendor improvement and elevation.
Negotiation Insights:
- Curate relevant negotiation insights tailored to specific business needs to assist Sourcing Managers in upcoming events.
- Provide data-driven insights to support successful negotiations with business partners.
Order Management
- Evaluate performance and capabilities for existing and future vendors.
- Track inventory management.
- Identify and mitigate risk to ensure On Time Delivery production.
About you:
- Four-year degree or equivalent experience.
- Three to five years of experience in Supply Chain, Inventory Management, Manufacturing planning and Sourcing.
- Strong strategic and analytical skills.
- Entrepreneurial spirit with strong communication, decision-making, and organization skills.
- Performance-driven individual who demonstrates strong initiative.
- Flexibility and resiliency; comfortable working in “grey areas” that are constantly changing.
- Respects, appreciates, and values diverse voices and approaches.
- Committed to creating equitable experiences and fostering an inclusive team.
- Ability to work onsite and/or hybrid as business requires.
- Excellent verbal and written communication skills in English and local language.
- Proficiency with MS Office skills: Outlook, Excel, PowerPoint, Visio, and Word, etc.
- Able to maintain schedule flexibility in a changing environment.
Desired Requirements:
- Certification or Diploma in Business Negotiation, Strategic Analysis, Data Management or any other related to Sourcing.
- Proficiency with data visualizations tools (Ex. Power BI)
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