Senior Sourcing Recruiter
General MotorsSalary not specified
Full Time
Senior (5 to 8 years)
$92,000 – $166,000Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Retail, Consumer GoodsIndustries
Requirements
- Four-year degree or equivalent experience
- 5+ years of relevant sourcing or merchandising experience
Responsibilities
- Work collaboratively with cross-functional teams including Target Merchants and Product Design and Development to turn ideas into merchandise for stores and online channels
- Partner with overseas and western hemisphere sourcing as well as external suppliers to deliver high-quality, trend-right merchandise at great value
- Drive sourcing strategies that align with strategic business goals and category needs
- Utilize advanced negotiating skills to help achieve Target's financial plans
- Build and present costing and profitability scenarios and options to business and design teams
- Develop and manage a supplier matrix strategy that achieves global balance, optimal performance, and delivers on cost, quality, and responsible sourcing expectations
- Apply knowledge of supply chain to drive success and growth of Target’s owned brands
- Start at early stages of product development, build costing models, and track product through the production cycle from overseas shipping to import warehouses, distribution centers, and stores
- Work closely with overseas teams to analyze macro trends and build comprehensive sourcing strategies
- Serve as a close point-of-contact with Target team members in sourcing offices in 20 countries, supporting their work as liaisons among buyers, product developers, and overseas partners
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary range for the Sr. Sourcing Manager position?
The pay range is $92,000.00 - $166,000.00, based on factors like labor markets, education, work experience, and certifications.
What benefits does Target offer for this role?
Target offers comprehensive health benefits including medical, vision, dental, life insurance, plus 401(k), employee discount, short-term and long-term disability, paid sick leave, paid national holidays, and paid vacation.
Is this a remote position or does it require office work?
This information is not specified in the job description.
What skills and experience are required for this Senior Sourcing Manager role?
The role requires knowledge of supply chain, experience in product development and sourcing, ability to build costing models, track production cycles, analyze macro trends, and develop comprehensive sourcing strategies.
What is the team structure like for this sourcing manager position?
You will work collaboratively with a cross-functional team including Target Merchants and Product Design and Development, as well as closely with overseas teams in 20 countries and act as a point-of-contact among buyers, product developers, and overseas partners.
Target
Retailer offering diverse consumer goods
About Target
Target Corporation is a retail company that offers a wide range of products, including clothing, electronics, home goods, and groceries, through nearly 2,000 stores and an online platform. Its "Design For All" philosophy allows it to provide high-quality, affordable products that cater to diverse customer needs. Target differentiates itself from competitors with its owned brands and the Target Circle loyalty program, which enhances customer engagement. The company's goal is to support sustainability and community initiatives by giving back 5% of its profits to local communities.
Minneapolis, MinnesotaHeadquarters
2005Year Founded
N/ACompany Stage
Consumer GoodsIndustries
10,001+Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Sick Leave
Paid Holidays
Paid Vacation
401(k) Retirement Plan
Employee Discounts
Risks
Increased competition from online-only retailers like Amazon threatens Target's market share.
Rising labor costs due to new minimum wage laws could impact profit margins.
Supply chain vulnerabilities from geopolitical tensions may affect inventory and pricing strategies.
Differentiation
Target's 'Design For All' philosophy offers unique, high-quality products at affordable prices.
The Target Circle loyalty program enhances customer engagement and shopping experience.
Target's commitment to sustainability and community support sets it apart from competitors.
Upsides
Experiential retail and 'retailtainment' strategies can boost customer engagement and foot traffic.
Augmented reality integration offers immersive shopping experiences showcasing Target's unique designs.
Omnichannel retail strategies enhance customer experience by integrating online and offline shopping.
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