Sourcing Operations Senior Specialist

Best Buy • Richfield, MN

3d • $63,050 - $112,250 • Hybrid

About The Position

As the Procurement Operations Senior Specialist, you’ll act as an independent contributor and collaborate across sourcing operations and procurement as a subject matter expert in the tools and processes that support strategic sourcing activities. These activities include preparing and conducting RFXs, creating bid sheets, conducting bid analysis, reporting on projects, engaging with suppliers and internal business stakeholders, processing contracts, and updating relevant systems in compliance with company policies. You’ll also lead efforts to standardize sourcing templates and processes to drive continuous improvement and operational efficiency.

This is a hybrid role. You are required to work on-site Monday through Thursday at Best Buy’s corporate office in Richfield, Minnesota, and may work from home virtually on Friday. The recruiter or hiring manager will provide more details during the hiring process.

Requirements

• At least 1 year of experience in procurement, business, sales, finance, or a related field.
• Intermediate proficiency in Microsoft Office applications, especially Excel (including pivot tables) and Word.
• Ability to work effectively under tight deadlines and adapt to changing priorities.
• Basic understanding of strategic sourcing.
• Strong ability to manage and prioritize work while receiving direction from multiple stakeholders.

Nice To Haves

• Experience using eSourcing platforms such as SAP Ariba.
• Ability to influence peers and stakeholders without formal authority.
• Familiarity with the 7-step sourcing process and category management.
• Strong organizational, collaboration, and verbal and written communication skills.

Responsibilities

• Lead initiatives focused on process improvement, cost savings, and special projects.
• Execute sourcing tactics, including RFI, RFQ, RFP, eAuctions, Collaborative Requisitioning, and 3 Bids & a Buy.
• Support category managers with contract activities, including drafting and processing extensions, amendments, exhibits, NDAs, and Master Service Agreements.
• Ensure accurate data capture and proper project closure in accordance with team standards.
• Manage the CAF/DocuSign routing process in accordance with applicable policies.
• Collaborate with the Sourcing Operations Sr. Manager and category managers to assess project requirements, determine the appropriate level of sourcing support and prioritization, and assign projects to team members.
• Prepare and conduct RFXs, create bid sheets, conduct bid analysis, and report on projects.
• Engage with suppliers and internal business stakeholders, process contracts, and update relevant systems in compliance with company policies.
• Lead efforts to standardize sourcing templates and processes and improve operational efficiency.

Benefits

• Competitive pay.
• Employee discount.
• Financial savings and retirement resources.
• Support for physical and mental well-being.
• Leaves of absence and potential pay sources based on eligibility.
• Paid time off for eligible full-time and part-time employees, based on applicable factors.
• Certain roles may be eligible for incentive pay, depending on market norms and eligibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed