Manager, Procurement Analytics, Value Performance and Data Governance
As the Manager of Procurement Analytics, Value Performance, and Data Governance you will 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 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. For this role, you must be located within a drivable distance to our office in Richfield, Minnesota.
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
- Partner with team members in Procurement and cross-functional partners to develop and evolve functional performance KPIs and operational metrics
- 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 working with procurement or financial data and/or enterprise reporting tools.
- 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.tm
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.
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