Category Manager - Technology Strategic Sourcing

Best Buy; Richfield (MN); Hybrid; USD 110,000 - 160,000; Full time

Benefits offered by this job

Competitive pay

Generous employee discount

Physical and mental well-being support

Job summary

Best Buy is seeking an IT Category Manager to drive category and sourcing strategies for IT infrastructure spend. You will negotiate contracts, optimize total cost of ownership, and build executive-level relationships across the enterprise.

This role offers exposure to Best Buy executives and major suppliers, with a hybrid work model. The position requires 4+ years in strategic sourcing and strong contract negotiation skills, plus a Bachelor’s degree in business, finance, or supply chain.

Qualifications

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

Responsibilities

• Develop category and sourcing strategies, sourcing execution, negotiations, and contracting activities across infrastructure related area of IT 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
• Interacts with all levels of the organization, cross functionally partnering with and influencing business leaders across the Best Buy Enterprise
• Leading negotiations of technology contracts

Skills

Strategic sourcing

Contract negotiations

Stakeholder management

Cost optimization

Education

Bachelor's degree in business, finance, or supply chain

Job description

The IT Category Manager will join the team responsible for development of category and sourcing strategies, sourcing execution, negotiations, and contracting activities across multiple categories within IT. This is a high-impact position, with responsibility to commercially manage and strategically source products and/or services within the Infrastructure subcategory of IT Spend. 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. TheBest Buy Procurementorganization is undergoing a significant transformation to become a strategic value generating business enabler.

This role is hybrid, which means you will be required to work in the office Monday through Thursday at Best Buy’s headquarters and Fridays virtually from home or other non-Best Buy location. The recruiter or hiring manager will provide more details during the hiring process.

What you'll do

• Development of category and sourcing strategies, sourcing execution, negotiations, and contracting activities across infrastructure related area of IT 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

Basic qualifications

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

Preferred qualifications

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

What’s in it for you

We’re committed to helping our people thrive at work and at home. We offer generous benefits that address your total well-being and provide support as you need it, especially key moments in your life.

Our benefits include

• Competitive pay
• Generous employee discount
• Physical and mental well-being support

Best Buy provides different types of leaves of absence (LOA) and potential pay sources to employees based on eligibility. The length of your LOA depends on your situation, where you live, your full-time or part-time employment status, and federal and state regulations. Intermittent or reduced-schedule leave is also available for certain medical or family care leaves. Paid time off (vacation or PTO) is offered to full-time and part-time employees based on work location, employment status, salary or hourly status (exempt/non-exempt), and years of continued or bridged service.

Certain roles, where market norms demand it, are eligible for various forms of incentive pay to drive performance and offer recognition for achieving financial and strategic results. For more information about our incentive pay plans, including eligibility, please refer to our Incentive Programs Summary.

For more information about benefits, LOA and paid time off, please refer to our Benefits Guide.

About us

As part of the Best Buy team, you’ll help us fulfill our purpose to enrich lives through technology. We bring that to life every day by humanizing and personalizing tech solutions for every stage of life — in our stores, online and in customers’ homes.

Our culture is built on deeply supporting and valuing our amazing employees who make it all possible. We’re committed to being a great place to work, where you can unlock unique career possibilities. Above all, we aim to provide a place where you can bring your full, authentic self to work now and into the future. Tomorrow works here. ™

Best Buy is an equal opportunity employer

State Minnesota