Innovation Senior Sourcing Manager
TargetThe pay range is $95,000.00 - $171,000.00 Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits . Innovation Senior Sourcing Manager About the Role Target is an iconic brand, a Fortune 50 company and one of America’s leading retailers. At the heart of one of the world’s best-loved and most recognizable brands is an impeccable Product Development & Design organization. We thrive on the magic of discovering that just-right thing, and we infuse everything we do with our passion for delighting our guests. We concept, develop, make and deliver the great tasting new favorites that Target guests expect and deserve. We are uber-savvy trend, design, and quality experts who stay ahead of the curve, proactively identifying our market’s needs and exceeding them, every time. Join one of our dynamic and inventive teams to influence the design, quality and value that decisively position Target above the competition. Your input will have a direct and positive effect, whether on convenient meals, snacking favorites, giftable, or pantry staples. Here, you will be close to the action of dreaming up and bringing to life the Target-owned brands that surprise and gratify guests, wherever and whenever they love to shop. The Innovation Senior Sourcing Manager leads sourcing-enabled innovation across Food & Beverage identifying new products, supplier capabilities, technologies, and solutions that support business priorities, guest needs, and brand strategy. This role partners with Merchandising, Product Development, Operations, and other cross-functional teams to translate business needs and consumer trends into actionable opportunities. The Senior Sourcing Manager leads sourcing activities from supplier discovery through commercialization and launch, while bringing forward external capabilities that create differentiation, improve speed to market, and generate long-term value. Key Responsibilities Develop and lead the sourcing innovation strategy and pipeline in alignment with Food & Beverage priorities, merchandising strategies, guest expectations, and enterprise objectives. Partner with Merchandising and cross-functional teams to identify innovation opportunities based on business needs, consumer trends, assortment gaps, and supplier capabilities. Identify and evaluate new suppliers, products, technologies, ingredients, manufacturing capabilities, and other solutions that can create differentiation and value. Build and cultivate a pipeline of emerging and high-potential suppliers, developing the capabilities, scale, quality, commercial readiness, and operational maturity required to support future Owned Brand opportunities. Lead supplier discovery, capability assessments, RFIs/RFPs, commercial evaluations, negotiations, and other sourcing activities required to enable innovation and commercialization. Develop business cases and ROI assessments and provide clear recommendations to support prioritization and go/no-go decisions. Partner with Product Development, Operations, Merchandising, Marketing, Quality, and suppliers to support the progression of approved concepts through commercialization and launch. Identify and mitigate sourcing and supplier-related risks…