Best Buy Co Inc logo

Manager, Analytics & Procurement Performance

Best Buy Co Inc

  • Richfield, MN
  • 7 days ago

    Highlights

    As the Manager of Procurement Analytics, Value Performance, and Data Governance you will be responsible for building and maintaining Procurement data and analytics function, including processes, tools, and methodology for value capture and data accuracy across a wide range of projects and teams, with the purpose of facilitating visibility and ultimately decision making for investment optimization. Develop strong partnerships with Procurement, Finance, and other cross-functional stakeholders to elevate visibility to realized and forecasted Savings, OIO, and other value delivered, enabling strategic decision-making across the enterprise; lead Procurement Pipeline Savings Review sessions and evolve the process as business needs change.

    Numbers & Facts

    LocationRichfield, MN
    IndustryRetail
    Company Size10,000 employees or more
    Year Founded1966
    Websitehttp://www.bestbuy-jobs.com/

    Description

    As the Manager of Procurement Analytics, Value Performance, and Data Governance you will be responsible for building and maintaining Procurement data and analytics function, including processes, tools, and methodology for value capture and data accuracy across a wide range of projects and teams, with the purpose of facilitating visibility and ultimately decision making for investment optimization. This leader is expected to partner within the team, across Procurement, and cross-functionally to develop and evolve all areas under responsibility with a continuous improvement mindset.

    This role is hybrid, which means you will be required to work on site Monday through Thursday at the Best Buy corporate office in Richfield, Minnesota. You can work virtually from home or another non Best Buy location on Friday. The recruiter or hiring manager will provide more details during the hiring process.

    What you'll do

    • Develop a strategy and roadmap for best-in-class Procurement analytics capability, including reporting systems such as Power BI, Alteryx, evolving AI capabilities, and ongoing development of new dashboards leveraging all available procurement data
    • Evolve Procurement Value methodology (Savings/Cost Avoidance, OIO/ Cash Flow, etc.) in accordance with evolving Procurement remit, informed by industry best practices, and drive understanding and adoption within the department and administer value validation processes to ensure reported value meets established methodology criteria
    • Partner with team members in Procurement and cross-functional partners to develop and evolve functional performance KPIs and operational metrics
    • Develop strong partnerships with Procurement, Finance, and other cross-functional stakeholders to elevate visibility to realized and forecasted Savings, OIO, and other value delivered, enabling strategic decision-making across the enterprise; lead Procurement Pipeline Savings Review sessions and evolve the process as business needs change
    • Acts as a SME and own system configuration of the PPM (procurement project management) and Spend View (spend analysis) systems, partnering with the relevant providers with the purpose of developing new functionality within the system and enabling the analytics function, leveraging capabilities and meeting evolving business needs
    • Maintain and evolve report and enhancement requests through intake management, backlog tracking, prioritization, assignment of requests, and delivery tracking
    • Execute training and communication to relevant stakeholders who impact data accuracy
    • Foster a growth mindset and highly collaborative ways of working across lines, and encourage process improvement across all in scope responsibilities
    • Provide leadership, coaching, and clear work direction to direct report(s) (future)

    Basic qualifications

    • 4+ years of experience combined supply chain, strategic sourcing and/or procurement operations or similar
    • 2+ years of analytics, reporting, operations, or related analytical roles with demonstrated ability to analyze data, synthesize insights, and communicate findings to stakeholders
    • 2+ years of experience working with procurement or financial data, including designing, building, and maintaining reporting and dashboard solutions
    • 2+ years mentoring or in-direct/direct report experience
    • 3+ years collaborating with and influencing stakeholders

    Preferred qualifications

    • Bachelor's degree in Business
    • 2 or more years leading direct reports
    • Experience with S2P Technologies (SAP Ariba or Coupa)
    • Ability to multitask
    • Analytical thinking and problem solving

    What's in it for you

    We're committed to helping our people thrive at work and at home. Best Buy offers a range of benefits to support your overall well-being and provide support as you need it, especially at key moments in your life.

    Our benefits include:

    • Competitive pay
    • Great employee discount
    • Financial savings and retirement resources
    • Support for your physical and mental well-being

    Best Buy provides different types of leaves of absence (LOA) and potential pay sources to employees based on eligibility. The length of your LOA depends on your situation, where you live, your full-time or part-time employment status, and federal and state regulations. Intermittent or reduced-schedule leave is also available for certain medical or family care leaves. Paid time off (vacation or PTO) is offered to full-time and part-time employees based on work location, employment status, salary or hourly status (exempt/non-exempt), and years of continued or bridged service.

    Certain roles, where market norms demand it, are eligible for various forms of incentive pay to drive performance and offer recognition for achieving financial and strategic results. For more information about our incentive pay plans, including eligibility, please refer to our Incentive Programs Summary.

    For more information about benefits, LOA and paid time off, please refer to our Benefits Guide.

    About us

    As part of the Best Buy team, you'll help us fulfill our purpose to enrich lives through technology. We bring that to life every day by humanizing and personalizing tech solutions for every stage of life - in our stores, online and in customers' homes.

    Our culture is built on deeply supporting and valuing our amazing employees who make it all possible. We're committed to being a great place to work, where you can unlock unique career possibilities. Above all, we aim to provide a place where you can bring your full, authentic self to work now and into the future. Tomorrow works here.

    Best Buy is an equal opportunity employer.

    Application deadline: Minimum of 5 days from the posting date. You can find that date above the job title at the top of the page.

    About Company

    Energetic teams. Fun atmosphere. Exciting opportunities.

    That’s what you’ll find at Best Buy. Care to join us?

    You can feel the energy here. And we’re not talking about the hum of electronics (there’s that, too). We’re talking about people.

    Best Buy employees are friendly, enthusiastic and willing to help you succeed. Sure, we’re a big company — the world’s largest consumer electronics retailer — but that doesn’t stop us from having fun while doing what we love: bringing technology into people’s lives in meaningful ways.

    When you join our team, we consider you part of our Best Buy family. And what you do here every day will support our goal to make people’s lives better, easier and more enjoyable through the great products we sell.

    So if you’d like using your talents to help improve people’s lives, bring it! We’d love to have your energy here.

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