Procurement Category Manager, Technology Strategic Sourcing

Best BuyRichfield, MN
50d$80,274 - $143,208Hybrid

About The Position

The Procurement Category Manager with the Technology Strategic Sourcing team responsible for the development of category and sourcing strategies, sourcing execution, negotiations, and contracting activities across multiple categories within digital & IT-related areas of spend. This is a high-impact position, with responsibility to commercially manage and strategically source products and/or services within multiple highly complex categories. This position will provide consistent exposure to Best Buy executives, large strategic suppliers, and highly complex agreements. The right candidate will have an opportunity to make an immediate impact with noticeable results. Theâ Best Buy Procurementâ organization is undergoing a significant transformation to become a strategic value generating business enabler. Exact categories under the responsibility of this role will be determined upon identification of the right candidate and will be a mix of the following: software, hardware, SaaS, and maintenance & support. This role is hybrid, which means you will be required to work some days on-site at the Best Buy location listed on this posting and some days virtually from home or other non-Best Buy location. The specific work arrangements vary by role and team. The recruiter or hiring manager will provide more details during the hiring process.

Requirements

  • 4+ years of experience in strategic sourcing or commensurate experience in related functions, including direct experience with supplier relationship development and contract negotiations
  • 2+ years of experience collaborating with and influencing stakeholders and business partners

Nice To Haves

  • Bachelor's degree in business, finance, or supply chain fields
  • 5 years of experience working within a matrix fortune 200 organization
  • 3 years of experience with retail / in-store technology
  • 3 years of experience with technology contract negotiations

Responsibilities

  • Development of category and sourcing strategies, sourcing execution, negotiations, and contracting activities across multiple categories within digital & IT-related areas of spend
  • Establishes and maintains strategic relationships with business stakeholders understanding and applying business objectives to category strategies
  • Optimize the total cost of ownership and increase the total value derived from our digital and technology investments for non-merchandise goods and services acquired by Best Buy
  • Interact with all levels of the organization, cross functionally partnering with and influencing business leaders across the Best Buy Enterprise
  • Leading negotiations of $0-$25 million technology contracts
  • Problem solve and search for answers using internal and external network/sources with ability to be agile when faced with setbacks and roadblocks

Benefits

  • Competitive pay
  • Generous employee discount
  • Financial savings and retirement resources
  • Physical and mental well-being support

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Furniture, Home Furnishings, Electronics, and Appliance Retailers

Number of Employees

5,001-10,000 employees

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