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Category Manager
BrandBest Buy

Are you a sourcing superstar? Best Buy is on the lookout for YOU! We currently have a fantastic opportunity for a Category Manager within our Corporate Services Group primarily supporting Human Resources! This exciting position will play a critical role in supporting new and strategic initiatives. The Category Manager leads the strategic sourcing, negotiation, contracting and supplier management for a complex portfolio of services including, but not limited to, the following categories: healthcare benefits and administration, payroll services, and multiple employee engagement offerings. The purpose of the position is to create value while reducing total cost of ownership, by leveraging world-class negotiation and sourcing strategies, tools and processes, and to mitigate risk through contract development for non-merchandise goods and services acquired by Best Buy. This position interacts with managers, directors and officers throughout the Best Buy organization. At Best Buy, you own an end-to-end relationship; Having experience in all phases of the vendor selection process (sourcing, RFX, contracting, etc.) is required for success in this role.

Job Responsibilities:
Team Leader that independently manages category(ies) end to end, to achieve desired business objectives including:
  • Develop and execute category strategies end-to-end
  • Strategically source a complex portfolio of GNFR (Goods Not For Resale) services with emphasis in human resources, risk and consulting services while using a variety of tools, processes, and strategies
  • Set Direction/priorities for team on projects
  • Lead and/or support manage multiple projects simultaneously.
  • Achieve Stakeholder’s business requirements, scope of work, and budget while effectively capturing spend and savings
  • Be a trusted advisor by effectively developing and maintaining effective relationships with Stakeholders, including regular meeting rhythms and forward-looking planning to anticipate and support business needs
  • Develops, leads and maintains effective relationships with vendors
  • Demonstrate proficiency in 7-step sourcing processes
  • Train and coach team on sourcing best practices to achieve desired outcomes
  • Support consistency, transparency, alignment and synergies among all Sourcing and Category Management teams, creating an environment to remove silos in sourcing execution
  • Build and maintain deep subject matter expertise and industry knowledge within the established portfolio set of products and services
  • Drive sourcing best practices and enterprise value through cross-functional influential engagement including stakeholders, legal, amongst other required capabilities
  • Support communications with cross-functional areas in establishing and sustaining this centralized sourcing function, ensuring compliance in the use of sourcing services
  • Closely partner with Procurement Operations team to ensure a total sourcing and procurement solution is delivered to Best Buy. Utilize operations support to deliver optimal outcomes. Partner and collaborate with 3rd party sourcing providers if required. Support end-to-end source-to-pay process through launch of new iProcurement tool

You would be an ideal candidate for this role if you:
  • Have demonstrated and extensive end-to-end experience in establishing vendor partnerships – from new vendor sourcing, RFX, contracting, and SOW (Statement of Work) execution.
  • Strong background supporting human resources.
  • Exceptional written and verbal communication skills

Basic Qualifications:
  • 5 or more years’ experience in sourcing, negotiation and contracting

Preferred Experience and Skills:
  • 4 or more years of end-to-end category specific procurement experience with in each of following areas
  • Human Resources background
  • Experience with third-party administration business models
  • 2 or more years of experience handling procurement contracts in excess of one million dollars
  • 1 or more years’ experience working with and leveraging outsourced service providers

Auto Req. ID789559BR
Employment CategoryFull Time
Job CategoryProcurement/Vendor Management
Job LevelManager with Direct Reports
Location Number900050-105-Procurement
Address7601 Penn Avenue South
CityRichfield
StateMN

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