Sr. Sourcing Manager, OB- Food & Beverage (Hybrid Mpls)

Job Id: R0000385397

The pay range is $92,000.00 - $166,000.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In 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 selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

Sr. Sourcing Manager, OB- Food & Beverage (Hybrid Mpls)

About us:

Target is an iconic brand, a Fortune 50 company and one of America’s leading retailers.

At Target, food is life. So it’s the mission of our integrated Food & Beverage organization to help our guests more easily discover the joy of food. We thrive on giving families new favorite ways to eat well and cook less, simply and affordably. With curated in-store experiences and a streamlined assortment designed to inspire and save time, we understand the importance of food to our guests’ everyday life—from snack duty at soccer practice to important family gatherings and holidays. Join our centralized Food & Beverage team where you’ll partner with people from literally every area of the business. Here, you’ll help dream up new ways to offer our guests a reliably wonderful experience with the freshness, selection and value they expect and deserve from Target.

Join a dynamic team of inventive and passionate engineers, food scientists and sourcing managers in Food & Beverage Product Design & Sourcing at Target. We concept, develop, source and deliver our owned brand foods and beverages; everything from dry goods, snacks and beverages, to candy, fresh, frozen and dairy. We research and engage with the food industry and the consumer marketplace to stay current on technical advances and get ahead of the trends. Join our dynamic and inventive team to influence the taste, quality and value that decisively positions Target above the competition.

Be a part of the team sourcing outstanding food and beverage products for our guests. Build a world-class sourcing and business partner strategy at the program, vendor and facility level to drive optimal value within the Food and Beverage business. Develop deep costing knowledge and negotiation skills and an understanding of key manufacturing/quality processes. Optimize efficiency within the supply chain by aligning with best practices and working with partner teams.

• Cross-Functional Leadership – Build strong and influential relationships with Product Development and Design, Merchandising, Planning, Responsible Sourcing, and Food Safety teams to develop and source our owned brand food programs.
• Financial Results – Deliver on costing goals and drive financial results for the business. Build negotiation plans and understand varied negotiation levers to optimize value and outcomes across multiple business categories. Understand financials of your business and creatively influence balancing cost, quality and efficiency to improve sales and profitability, and drive best value.
• Global/Business Partner Planning – Leverage a strong understanding of the global and domestic economic landscape, at both country of production and vendor/factory matrix levels. Assess vendor and factory capabilities to develop a sourcing strategy that delivers on strategic opportunities and Target’s financial plans. Develop vendor relationships to deliver high-quality food and beverage products at a great value for our guests.

Job duties may change at any time due to business needs.

About you:

• 4-year degree
• 5-8 years merchandising, sourcing or inventory management experience, including vendor engagement/management; food and beverage experience preferred
• Demonstrated leadership skills
• Ability to think strategically and conceptually
• Excellent written and verbal communication skills
• Ability to work effectively with varying groups of people globally, both internal and external, to achieve business results
• Strong negotiation and vendor management skills
• Strong analytical and financial skills
• Accountability to manage broad range of products in different stages of development

This position will operate as a Hybrid/Flex for Your Day work arrangement based on Target’s needs. A Hybrid/Flex for Your Day work arrangement means the team member’s core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually, depending upon what your role, team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. Click here if you are curious to learn more about Minnesota.

Benefits Eligibility

Please paste this url into your preferred browser to learn about benefits eligibility for this role: https://tgt.biz/BenefitsForYou_E

Americans with Disabilities Act (ADA)

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 candidate.accommodations@HRHelp.Target.com.Application deadline is : 04/11/2025