Target is an iconic 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 $70 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 with Business Partnerships & Negotiations (BP&N) means supporting Merchandising in developing the best possible deals for Target through strategic partnerships and vendor negotiations. Here, you’ll work with buyers on contract terms and vendor organizations to set strategies that get the maximum value for Target. Use your analytics expertise and strategic thinking to position Target and its vendors for the most productive and successful partnerships. Use your skills, experience and talents to be a part of groundbreaking thinking and visionary goals.
As a Lead Business Partner BP&N, you will develop negotiation strategies and partnerships which support Target's business initiatives and align with the integrity of the Target brand. You will Identify, analyze and evaluate vendor profitability in regards to cost negotiation, leveraging, compliance, vendor income and supply chain impact. This individual proactively identifies departments that are under leveraged in comparison to similar businesses, demonstrates strong understanding of Merchandising buying practices and negotiation techniques, and works and communicates well with all levels of management while building strong partnerships. You will benchmark vendor profitability practices from internal resources, top retail companies and other external companies determined to be appropriate. You will facilitate competitive line reviews with Merchants to achieve best value position.
The core responsibilities of this job are outlined within the job description. Job duties may change at any time due to business needs.
• Four-year degree or equivalent experience
• 6+ years of relevant experience
• 2+ years of buying experience, with significant negotiation experience
• Superior negotiation skills
• Strong analytical and problem solving skills
• Strong initiative; proactive
• Strong financial background, 2+ years of experience
• Strong interpersonal skills
About Target Corporation
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 1,800 stores and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, that giving equals more than $4 million a week. For more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit ABullseyeView.com or follow @TargetNews on Twitter.