Lead Pricing Analyst ISP COE

Minneapolis, Minnesota
Aug 29, 2019
Nov 16, 2019
Employment Status
Full Time
Lead Pricing Analyst Indirect Sourcing & Procurement

About us:

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

A role with the Indirect Sourcing & Procurement Center of Excellence (IS&P COE) 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 nearly a $10 billion annual spend toward innovative and competitively priced goods and services by:
  • Promoting best practices across the entire company by developing deep knowledge and client relationships in each spend category
  • Providing expert integrated business planning and stakeholder management for all indirect items and services
  • Applying intelligent rate, demand and specification levers to source, negotiate and contract services while sustainably lowering costs
  • Propelling the business with accurate and comprehensive demand forecasting, financial planning and item setup
  • Changing the game for our internal online catalog end users by making the entire buying process faster and simpler
  • Helping us cultivate Target's partnerships with diverse, community-minded suppliers who are committed to economic development and job growth

As a Lead Pricing Analyst on the Sourcing Performance Management team, you'll use your skills to design and maintain the financial models that support the COE. Use your technical and analytical aptitude to vet contracts, pricing and other supplier agreements to ensure that pricing assumptions are accurately identified and incorporated with the models. Your input will be key to Target realizing the expected value from the terms of our agreements.

The Lead Pricing Analyst is considered a subject matter expert in sourcing performance management, exhibiting strong knowledge of pricing models, scenario optimization, and sourcing techniques. Drives the design, build, and maintenance of Total Cost of Ownership (TCO) financial models to support clients with relevant financial comparisons and analyses throughout the Source to Manage ("S2M") process primarily for Strategic and Leveraged Spend Categories with high complexity. Partners closely with business teams and Finance to gather historical volumes and spend, future forecasts, and budget information in order to identify relevant baseline spend. Ensures that key pricing assumptions are identified and incorporated in TCO Models. Identifies relevant business constraints in order to present viable sourcing decision scenarios highlighting financial and non-financial trade-offs. Job duties may change at any time due to business needs

About you:
  • 4-year college degree (accounting, Business, Finance, or Economics)
  • 7-10 years relevant experience
  • Strong written and verbal communication skills
  • Experience in public speaking and presenting to various levels of leadership
  • Proficient in Microsoft Office suite
  • MBA/CPA/MA Desired

Americans with Disabilities Act (ADA)

Target will provide reasonable accommodations (such as a qualified sign language interpreter or other personal assistance) with the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please visit your nearest Target store or Distribution Center or reach out to Guest Services at 1-800-440-0680 for additional information.


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