Sourcing Analyst, OB F&B

Target • Minneapolis, MN

2d

About The Position

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. Operating within a global analytics model, the Sourcing Analyst leverages executional outputs from offshore analytics partners and applies business context, scenario judgment, and storytelling to help sourcing leaders operate at a strategic level. Success in this role is measured by decision speed, negotiation strength, and time freed for sourcing leaders—not by volume of analysis produced.

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

Responsibilities

• 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

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees