Lead Product Owner - Merchandising Vendor Income (Full-Time Remote or Hybrid)

Employer
Target
Location
Minneapolis, Minnesota
Posted
Jan 06, 2022
Closes
Jan 27, 2022
Employment Status
Full Time
Description:
Lead Product Owner

About us:

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 means supporting Merchandising in developing the best possible deals for Target through strategic partnerships and vendor negotiations. Here, you'll work with buyers 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.

About the job:

This role focuses on Vendor Income which is the second largest revenue stream at Target and a critical component of margin results, profitability, and promotional effectiveness. The role Merchandising Vendor Income Lead Product Owner role also includes:
  • Defining technology priorities for Target's Vendor Income product capabilities
  • Leading business planning and stakeholder management across multiple teams including merchandising, finance, stores, and digital teams
  • Developing technology strategies and tactics to continually improve Vendor Income on-time collections and capture rates
  • Driving workload efficiencies by automating vendor income processes
  • Developing data integration and services strategies to connect disparate vendor income data and systems
  • Developing insights to understand product performance and to inform key customers
  • Ensuring product stability through incident management processes


Product Teams at Target are accountable for the delivery of business outcomes enabled through technology and analytic products that are easy to use, easily maintained and highly reliable. Product teams have one shared backlog that is inclusive of all product, technology, discovery and design work.

As a Lead Product Owner, you will work in the product model and will partner to develop a comprehensive product strategy, related roadmap, and set key business objectives (OKRs) for your respective product. You will need to leverage the knowledge of your product, as well as, customer feedback and establish other relevant data points to assess value, develop business cases, and prioritize the direction and desired outcomes for your product. You will lead a product and work in unison with engineers, UX designers, data scientists and business partners to deliver a product.

You will be the "voice of the product" to key stakeholders to ensure that their needs are met and that the product team is getting the direction and support that it needs to be successful. You will develop and actively understand the market, maintain a product roadmap and backlog outlining the customer themes, epics, and stories while prioritizing the backlog to focus on the highest impact work for your team and stakeholders.

You will encourage the open exchange of information and viewpoints, as well as, inspire others to achieve challenging goals and high standards of performance while committing to the organization's direction. You will foster sense of urgency to achieve goals and leverage resources to overcome unexpected obstacles, and partner with product teams across the organization to help them achieve their goals while pursuing and completing yours. Job duties may change at any time due to business needs.

About you:
  • 4-year college degree (or equivalent experience)
  • 6+ years of technology product retail experience or equivalent domain experience in merchandising and/or finance
  • Strong communication skills
  • Experience with global technology and ability to facilitate communication between business and technology teams
  • Experience working in an agile environment (e.g. user stories, iterative development, scrum teams, sprints, personas)
  • Proven ability to lead a body of work with cross functional partners
  • Experience defining/influencing product strategy with implementation and support


This position may be considered for a Full-Time Remote or Hybrid work arrangement based on Target's needs. A Hybrid work arrangement means the team members core role will be a blend of virtual and onsite at a Target location. A Full-Time Remote work arrangement means the team member works full-time from home or an alternate location that's not a Target location, does not have a desk at their primary HQ work location and may travel to HQ up to 4 times a year.

Colorado, Connecticut or Nevada Residents Only: The salary range for Colorado, Connecticut or Nevada residents is $97,600 to $175,700. Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Find competitive benefits from financial and education to well-being and beyond.

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.

Qualifications:

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