About the position
As the Associate Category Manager with the Marketing Procurement team, you'll be responsible for category strategy development with a long-term commercial plan. This will include strategic sourcing, negotiation, contracting, supplier and stakeholder relationship management and innovation provision across a subset of Marketing sub-categories, including but not limited to Market Research, Meetings & Events, Communication, and Public Relations. You'll reduce total cost of ownership by leveraging world-class negotiation and sourcing strategies, using tools and processes, and mitigating risk. In this role, you'll consistently work with senior-level stakeholders and strategic suppliers. This role is hybrid, which means you will be required to work some days on-site at the Best Buy location listed on this posting and some days virtually from home or another non-Best Buy location. The specific work arrangements vary by role and team. The recruiter or hiring manager will provide more details during the hiring process.
Responsibilities
- Develop and maintain a rolling 3-year category strategy for assigned areas of spend by researching and forecasting market and industry dynamics
- Proactively identify supplier relationships opportunities
- Lead the development and execution of sourcing strategies for assigned categories of spend
- Present category and sourcing strategies, influencing business partners and stakeholders on value proposition
- Manage supplier relationships for effective exchange of information, optimizing engagement value for Best Buy
- Help set and report on financial targets, metrics, forecasting, risk assessment and other measures that ensure accurate financial results.
Requirements
- 3 years of experience in procurement, marketing, sales, finance, or contracting (legal work)
- Experience mentoring, cross-functional team management, or influencing without authority
Nice-to-haves
- 2 years of experience in management or influencing without authority
- Expertise in use of procurement Source to Pay tools and practices such as supplier diversity programs, TCO calculation, etc.
- Demonstrated negotiation, analytical, planning and execution skills
- Expert MS Office skills, emphasis on Excel and PowerPoint and ability to complete complex spend or data analysis, and presentation skills
- Strong organization, communication, presentation, and collaboration skills
Benefits
- Competitive pay
- Generous employee discount
- Physical and mental well-being support
