Sourcing Analyst, Owned Brands F&B

Target; Minneapolis (MN); On-site; USD 58,000 - 105,000; Full time

Benefits offered by this job

Health benefits

401(k) plan

Paid time off

Job summary

Target is seeking a Sourcing Analyst in Minneapolis to enable faster, higher-quality decisions by translating analytics into actionable insights. You will support Owned Brands Food & Beverage sourcing and work with global analytics partners to inform negotiation strategies and supplier selections.

Success is measured by decision speed, negotiation strength, and time freed for sourcing leaders, rather than volume of analysis.

Qualifications

• Bachelor’s degree in Business, Finance, Economics, Supply Chain, or related field.
• 2–5 years of analytics, finance, or sourcing experience.
• Strong analytical modeling skills (Excel required).
• Experience interpreting cost drivers (commodities, labor, freight, FX, packaging).
• Proven ability to translate data into insights and recommendations.

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.

Skills

Analytical skills

Excel modeling

Cost drivers

Stakeholder management

Cross-functional work

Education

Bachelor’s degree in Business/Finance

Job description

The pay range is $58,100.00 - $104,600.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family.

• 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.

Workingat Target means helping all families discover the joy of everyday life. Webring that vision to life through our values and culture.Learn more about Targethere.

A role in Sourcing means having a hand in developing products that have a positive impact on people and the planet. We integrate our sourcing capabilities with our propensity for quality and social responsibility to positively impact the cost and quality of our products. We care about the lives of the people who make the products Target guests love, and we’re mindful of the impact our manufacturing practices have on the environment. In Sourcing, you’ll apply your apparel and accessories and/or home goods expertise to promote and apply responsible sourcing practices while driving the success and growth of Target’s owned brands. The Sourcing team starts at the very earliest stages of product development, builds out the costing models and tracks where product stands at every step in the production cycle, from overseas shipping to our import warehouses, distribution centers and stores. And since Target is indeed a global company, you’ll be part of the team that manages global relationships in partnership with the buying team who shop for trends all over the world. Your ability to stay aware of our suppliers’ activities will help ensure compliance with responsible practices, and you’ll have influence over which manufacturers Target chooses to work with. You’ll be a close point-of-contact with Target team members in sourcing offices located in 20 countries around the globe, and you’ll support their work as liaisons among buyers, product developers and overseas partners.

About The Role

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.

Key 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

About You

• 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

Benefits Eligibility

Please paste this url into your preferred browser to learn about benefits eligibility for this role: https://tgt.biz/BenefitsForYou_D

Americans With Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to [e-mail]. Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel.