Category Manager at Best Buy in Richfield, Minnesota

Job Description:

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

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