Category Manager - Marketing Procurement

Best Buy   •  

Richfield, MN

Industry: Retail & Consumer Goods

  •  

5 - 7 years

Posted 123 days ago



The Category Manager leads the strategic sourcing, negotiation, contracting and supplier management for a complex portfolio of services within the following categories: Marketing (creative, production and media), Exclusive Brands, Consulting Services, My Best Buy and Best Buy Direct. The purpose of the position is to reduce total cost of ownership, by leveraging world-class negotiation and sourcing strategies, tools and processes, and to mitigate risk through contract development for non-merchandise goods and services acquired by Best Buy. This position interacts with managers, directors and officers throughout the Best Buy organization. The position also closely works with 3rd party contracted partners. At Best Buy, you own an end-to-end relationship. Having experience in all phases of the vendor selection process (sourcing, RFX, contracting, etc.) is required for success in this role.

Key Responsibilities:

  • Team Leader that independently manages category(ies) end to end, to achieve desired business objectives including:
  • Develop and execute category strategies end-to-end
  • Strategically source a complex portfolio of GNFR (Goods Not for Resale) services with emphasis in marketing (creative, production and media) and consulting services while using tools, processes, and strategies
  • Set Direction/priorities for team on projects
  • Lead and/or support manage multiple projects simultaneously.
  • Achieve Stakeholders business requirements, scope of work, and budget while effectively capturing spend and savings
  • Be a trusted advisor by effectively developing and maintaining effective relationships with Stakeholders, including regular meeting rhythms and forward-looking planning to anticipate and support business needs
  • Develops, leads and maintains effective relationships with vendors
  • Demonstrate proficiency in 7-step sourcing processes
  • Train and coach team on sourcing best practices to achieve desired outcomes
  • Support consistency, transparency, alignment and synergies among all Sourcing and Category Management teams, creating an environment to remove silos in sourcing execution
  • Build and maintain deep subject matter expertise and industry knowledge within the established portfolio set of products and services
  • Drive sourcing best practices and enterprise value through cross-functional influential engagement including stakeholders, legal, amongst other required capabilities
  • Support communications with cross-functional areas in establishing and sustaining this centralized sourcing function, ensuring compliance in the use of sourcing services
  • Closely partner with Procurement Operations team to ensure a total sourcing and procurement solution is delivered to Best Buy. Utilize operations support to deliver optimal outcomes. Partner and collaborate with 3rd party sourcing providers if required. Support end-to-end source-to-pay process through launch of new iProcurement tool

You would be an ideal candidate for this role if you:

  • Demonstrated and extensive end-to-end experience in establishing vendor partnerships “ from new vendor sourcing, RFX, contracting, and SOW (Statement of Work) execution.
  • Demonstrated advanced working knowledge of fee negotiation models, works for hire/commissioned work, usage and licensing clearance
  • Merchandising/Buying, Marketing or Agency experience
  • Exceptional written and verbal communication skills

Basic Requirements:

  • 5+ years experience in sourcing, negotiation and contracting

Preferred Qualifications:

  • 4+ years of end-to-end category specific procurement experience with one or more of the following areas
  • Marketing background
  • Experience with Marketing Agencies (contracting with or worked for)
  • Experience with Digital/Video Production
  • 2+ years of experience handling procurement contracts in excess of one million dollars
  • 1+ years experienceworking with and leveraging outsourced service providers

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