Jobs · Purchasing · Minnesota

Sourcing Analyst, Owned Brands, Food & Beverage

Target · Minneapolis, MN · 1 mo ago
Purchasing$58k–$105k/yrFull-time

About the role

The Sourcing Analyst supports Owned Brands (OB) Food and Beverage Sourcing by enabling faster, higher-quality sourcing decisions by translating analytics into insight, judgment, and action. This role supports Sourcing Managers and Senior Sourcing Managers by interpreting cost and market data, shaping negotiation strategies, and enabling real-time decision-making.

Responsibilities

  • Leverage executional outputs from offshore analytics partners and apply business context, scenario judgment, and storytelling to help sourcing leaders operate at a strategic level.
  • Translate analytics into clear insights, trade-offs, and recommendations that accelerate sourcing decisions.
  • Interpret RFP, cost change, and should-cost outputs to inform negotiation strategy and supplier challenges.
  • Partner closely with Strategic Sourcing to support category strategy and innovation decisions.
  • Lead scenario and sensitivity analysis tied to real business questions and decision points.
  • Provide real-time analytical judgment in meetings, negotiations, and leadership discussions.
  • Develop leadership-ready narratives that connect data to business impact.
  • Direct and leverage global analytics resources to ensure outputs align to decision needs.
  • Perform ad hoc analyses to support sourcing initiatives, negotiations, supplier reviews, and executive requests.

Requirements

  • Bachelor’s degree in Business, Finance, Economics, Supply Chain, or related field
  • 2-5 years of experience in analytics, finance, or sourcing
  • Strong analytical modeling skills (Excel required)
  • Experience interpreting cost drivers (commodities, labor, freight, FX, packaging)
  • Proven ability to translate data into insights and recommendations
  • Excellent communication and stakeholder management skills
  • Comfortable working in a fast-paced, cross-functional environment

Qualifications

A role in Sourcing means having a hand in developing products that have a positive impact on people and the planet. We integrate our sourcing capabilities with our propensity for quality and social responsibility to positively impact the cost and quality of our products. We care about the lives of the people who make the products Target guests love, and we’re mindful of the impact our manufacturing practices have on the environment. In Sourcing, you’ll apply your apparel and accessories and/or home goods expertise to promote and apply responsible sourcing practices while driving the success and growth of Target’s owned brands.

Skills

  • Ability to stay aware of suppliers' activities to ensure compliance with responsible practices
  • Ability to influence which manufacturers Target chooses to work with
  • Ability to support Target team members in sourcing offices located in 20 countries around the globe
  • Ability to support buyers, product developers, and overseas partners

Benefits

Benefits Eligibility: Please visit this link to learn about benefits eligibility for this role.

Pay

The pay range is $58,100.00 - $104,600.00. 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.

Schedule

Not specified.

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