Job type full-time
Full job description
Target is an iconic brand, a fortune 50 company and one of america’s leading retailers.
Target merchandising is evolving at an incredible paceWe are constantly reimagining how this $70 billion retailer offers the innovative, guest-inspiring items that target is known and loved forOur goal is to deliver exceptional value, quality and style to elevate target as the premier retailer in a competitive global marketplaceThrough 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 storesAre 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 negotiationsHere, you’ll work with buyers on contract terms and vendor organizations to set strategies that get the maximum value for targetUse your analytics expertise and strategic thinking to position target and its vendors for the most productive and successful partnerships.
Vendor income is a critical component of margin results, profitability and promotional effectivenessThe vendor income expert is responsible for leading the development and implementation of target’s vendor income process and strategy, customized to a business categoryAs a vi expert, you will negotiate funding agreements with target merchants and vendors and execute the vendor income strategyYou will be accountable to delivering financials results and delivering on best practicesThe vendor income expert is a key business consultant to merchant divisional merchandise managers (dmms), buyers, negotiations, finance/merchandise finance (mfa), and vendorsIn this role, you will report to the director, bp&n operations.
Some additional duties and responsibilities include leading the development of best practices for vendor income strategy and processes for total target, while applying business acumen and insight to identify gaps and customize for a defined business category (division +)You will develop a deep understanding of and influence merchant business strategies, objectives, and outcomesYou will synthesize best practices with deep business context, financial analytics, and negotiation expertise to drive vendor specific solutionsCross-functional partnership is critical in this role; some of your cross-functional partners will be with finance/mfa, bp&n, and external vendorsYour strong partnership will drive accountability to vendor income strategies and the execution of those strategiesYou will leverage strong critical thinking and communication skills to support, implement, and train best practices within the vendor income processYou will be responsible for proactively identifying risks, opportunities; while escalating, recommending solutions, and action plans to dmm and vp bp&n as necessaryWith the authority to approve vendor income agreements on behalf of target, you will negotiate with vendors to deliver financial results and drive accountability best practices with merchants and vendorsApplying business knowledge while documenting critical vendor income agreement details within the contractual system will be a crucial part of your role.
Core responsibilities are described within this job descriptionJob duties may change at any time due to business needs.
This position may be considered for a full-time remote or hybrid work arrangement based on target’s needsA hybrid work arrangement means the team members core role will be a blend of virtual and onsite at a target locationA 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 $49,700 to $89,500Pay is based on several factors including but not limited to education, work experience, certifications, etcIn 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 familyFind competitive benefits from financial and education to well-being and beyond.
Four-year degree or equivalent work experience
0-2 years of relevant experience
Demonstrated ability to create and execute to strategic plans and priorities
Ability to synthesize complex or diverse information and collect appropriate primary data
Ability to apply intuition and experience to draw implications
Strong interpersonal skills and ability to maximize relationships
Excellent communication, influencing, and leadership skills
Entrepreneurial spirit with strong analytical, decision-making, project management, planning, and organizational skills
0-2 years of experience in merchandising or marketing preferred
Previous experience with vendor relationships preferred
Previous negotiation experience preferred
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 lawsIf 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.
Posted 3 days ago