Strategic Sourcing Lead - Technology

Job Id: R0000444245

The pay range is $95,000.00 - $171,000.00

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.

About us:

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here.

Right on pace with Target’s distinctive and beloved retail brand, the Indirect Sourcing & Procurement Center of Excellence (COE) works across the business to maximize every resource, asset and relationship. We use good data, in-depth analysis and cross-functional insights to identify and communicate best practices, elevating our sourcing and procurement activities to achieve their very highest potential.

A role with Strategic Sourcing is a chance to positively impact several key areas of Target’s business. Your input will ensure that Target realizes the expected value from the terms of our agreements that comprise over $15 billion in annual spend toward innovative and
competitively priced goods and services. You’ll share and promote best practices across the company while developing deep category expertise and close client relationships. You’ll also collaborate with internal partners who use world-class sourcing tools and
processes, build total cost of ownership financial models, deliver operational leadership, and champion supplier engagement in order to optimize leverage for Target.

As a Strategic Sourcing Lead, you’ll act as a trusted advisor, independently leading sourcing strategies, negotiations, and category initiatives – consistently delivering on fundamentals and advanced sourcing techniques through the execution of complex and/or
ambiguous projects with tailored engagement models that deliver measurable and sustainable value for Target. You’ll own, grow, and proactively pipeline your book of business and will be accountable for driving strategy, execution, and results. You’ll lead cross-
functional project teams, shape sourcing approaches, and serve as the primary contact for complex supplier relationships within your portfolio.You’ll bring a consultant mindset to your work – identifying insights, building influence, and helping business partners make
decisions grounded in cost, risk, and operational impact. You’ll collaborate closely with legal, finance, business, and supplier partners to ensure sourcing outcomes are structured, intentional, and forward-looking. You’ll also help define and evolve Target’s sourcincapabilities and best practices by applying emerging skills in automation, market intelligence, and digital tooling, and drive change across your book of business with speed and agility. You identify and effectively manage a variety of conflict solutions.

Core responsibilities are described within this job description. Job duties may change at any time due to business needs.

Additional Duties & Responsibilities

• Own and execute sourcing strategies for a growing book of business, including complex or highly visible categories
• Lead cross-functional teams through project scoping, RFP development, supplier evaluation, and decision-making
• Independently lead supplier negotiations and scenario modeling, incorporating TCO frameworks, risk mitigation, and contractual terms to optimize outcomes and generate results-based scenarios
• Communicate sourcing strategy and recommendations using insights, visuals, and storytelling tailored to the business audience
• Balance business and sourcing needs and working with speed and urgency
• Partner with legal on contracting strategy, analysis, markups, & escalation issues – ensuring terms align with business goals
• Mentor peers and team members (formally or informally), helping grow sourcing capability across the team
• Track and report value delivery across projects and events, ensuring visibility to leadership and finance
• Stay current on market trends, cost drivers, regulatory shifts, and macroeconomic indicators relevant to your space
• Apply advanced use of data and analytics to forecast savings, identify sourcing opportunities, and assess supplier health
• Champion integrity and ethical sourcing practices

About you

• 7+ years of relevant experience in sourcing, procurement, or business operations
• Demonstrated ability to independently lead sourcing strategies, supplier negotiations, and/or project delivery
• Proven success influencing business stakeholders and building trust in ambiguous, cross-functional environments
• Experience working with suppliers, legal, and other enterprise partners to structure sourcing agreements
• Excellent verbal and written communication skills, including comfort with executive storytelling and presentation delivery
• Familiarity with sourcing and contracting platforms (e.g., SAP, Ariba, Coupa)
• ​Strong data literacy and analytical skills; able to translate supplier and financial data into business decisions
• Proficiency in Microsoft Office (Excel, PowerPoint, Word)
• Strong curiosity, resilience, and comfort with complexity and change
• Experience applying automation, AI, and market intelligence tools to improve sourcing outcomes and supplier insights
• Ability to manage multiple projects in a fast-paced, hybrid, and global team environment, and ability to maintain flexible work schedule around sourcing events
• Committed to ethical behavior, business integrity, and inclusive collaboration

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

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. Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel.