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117 Target Jobs

Sr. Analyst Vendor Solutions-1

3-6 years

₹ 3 - 14.5L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Bangalore / Bengaluru

1 vacancy

Sr. Analyst Vendor Solutions-1

Target

posted 2mon ago

Job Description

The Senior Sourcing Analyst will play a key role in managing and optimizing the sourcing process to drive cost savings, efficiency, and value across the organization. This position is responsible for analyzing sourcing strategies, identifying supplier options, negotiating contracts, and managing supplier performance to ensure alignment with business goals. The Senior Sourcing Analyst will collaborate with cross-functional teams to implement the best practices and support strategic sourcing initiatives.
  • Sourcing Strategy & Analysis - Conduct market research to identify and evaluate potential suppliers and industry trends. Analyze sourcing data to determine cost-saving opportunities and provide recommendations for strategic sourcing. Develop sourcing strategies based on cost analysis, supply chain insights, and industry benchmarks.
  • Vendor System Set-up and Onboarding - Directly support vendor onboarding through the submission of new vendor system requests and the tracking of vendor set-up completion. Initiate process, track/confirm vendor facility registration in multiple systems and provide resources. Follow up on any missing information and escalate as necessary.
  • Reporting and Analytics - Pull metrics, conduct analysis and publish reports to support a range of sourcing activities. Reports may include quarterly Sourcing Forecast, cost change log, reliability metrics, commercialization reports and vendor partner fact-packs. Develop and maintain reporting on sourcing activities, including savings achieved, supplier performance, and market conditions. Utilize data to inform decision-making and provide regular updates to senior management.
  • Research and Analysis - Conduct research on matrix opportunities and needs. Provide a sourcing team with early assessment of vendors and potential vendor matrix opportunities prior to additional vendor vetting. Conduct research and benchmark competitor sourcing capabilities, organization and structure.
Job duties may change at any time due to business needs .
About you:
  • 4-year degree
  • 3-6 years merchandising, sourcing or inventory management experience, including vendor engagement/management.
  • Demonstrated leadership skills
  • Ability to think strategically and conceptually
  • Excellent written and verbal communication skills
  • Strong negotiation and vendor management skills
  • Strong analytical and financial skills
  • Accountability to manage a broad range of projects in different stages of development.

Employment Type: Full Time, Permanent

Read full job description

Prepare for Analyst roles with real interview advice

Top Target Analyst Interview Questions

Q1. What is the role of exception handling in programming, and how is the 'finally' block used in this context, as well as the process of throwi ... read more
Q2. What are the ACID properties implemented in your project, and can you provide a brief overview of the CAP Theorem?
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What people at Target are saying

4.7
 Rating based on 11 Analyst reviews

Likes

Good Salary hike best in the market as per my knowledge. Benefits and perks. Work Culture.

  • Salary - Excellent
  • +6 more
Dislikes

Nothing to dislike here.

Read 11 Analyst reviews

Analyst salary at Target

reported by 71 employees with 2-8 years exp.
₹5.5 L/yr - ₹16.7 L/yr
65% more than the average Analyst Salary in India
View more details

What Target employees are saying about work life

based on 673 employees
84%
89%
74%
97%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Target Benefits

Submitted by Company
Learning assistance program
Health Insurance
Job Training
Employee engagement
Submitted by Employees
Free Food
Cafeteria
Work From Home
Health Insurance
Team Outings
Free Transport +6 more
View more benefits

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Target Bangalore / Bengaluru Office Locations

View all
Bengaluru Office
Headquarter
Target Corporation India, Nagavara Bengaluru
Karnataka 560045
Bengaluru Office
Target Corporation India Limited, Embassy Golf Links Business Park, Challaghatta Bengaluru
Karnataka 560071

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