Principal Product Manager - Inventory Purchasing and Positioning

• Tower 02, Manyata Embassy Business Park, Racenahali & Nagawara Villages. Outer Ring Rd, Bangalore 540065
• time type
• Full time
• posted on

Posted Today

job requisition id

R0000428333

About us

As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers. Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values different voices and lifts each other up. Here, we believe your unique perspective is

important, and you'll build relationships by being authentic and respectful.

Team overview

Target Global Supply Chain and Logistics (GSCL) is evolving at an incredible pace. We are constantly reimagining how we get the right product to the guest even better, faster and more cost effectively than before. We are becoming more intelligent, automated and algorithmic in our decision-making, so that no matter how guests shop—in stores or on Target.com—we deliver the convenience and immediate gratification they demand and deserve. We are on a mission to win decisively over any competitor, with a seamless and superior guest service experience unlike any they can offer. Our teams work with the agility our mission requires, and we constantly come together to implement new processes in record time. So we’re looking for exceptional people who are proactive, creative, independent, innovative, risk-savvy and comfortable working in varying degrees of ambiguity. Are you a critical thinker who seeks the root cause and can analyse both qualitatively and quantitatively? Are you a creative problem-solver who simplifies problems, quickly identifies solutions, commits to a plan and then positively influences others to execute it? If so, you will have success on one of our dynamic teams.

Role overview

The Principal Product Manager – Inventory Purchasing and Positioning (IPP) is responsible for developing and executing the strategy to optimize inventory flow across Target’s fulfillment and replenishment network. This role will work closely with three product directors in the IPP portfolio supporting both Purchasing and replenishment. This role will also act as the subject matter expert (SME) for the engineering teams and lead the development of the prioritized features along with the systematic scale and performance improvements required to support business growth. The overarching goal is to manage optimized purchasing and flow it with precision across the network add trade off logic to make best use of inventory, improve guest experience due to out of stocks, and provide feedback to replenishment systems for better in stocks.

Key functional areas of responsibility include

Inventory Allocation: product capability will be responsible for the overall inventory availability calculation with ability to read replenishment inventory, inventory flow and timelines for inventory units to be ready at fulfillment locations. Logic will have intelligence to leverage replenishment inputs and existing availability incoming inventory (Purchase orders).

Cross mile simulation: Product Capability focused on leveraging replenishment signals, Inbound inventory and futuristic forecast and provide a holistic view of the behavior of the entire replenishment supply chain which would facilitate the business users to make more informed decisions and provide visibility into the downstream and upstream effects of its decisions

Data Automation, Audit and Analytics: The individual will use analytical tools to accurately audit data to identify operational defects negatively, opportunities to improve inventory accuracy and availability metrics, and support downstream reporting

The Principal Product Manager role will cut across multiple product teams to system capabilities to develop new future & multi echelon inventory system and enhance inventory availability for Target guests. This role will develop strategy of the required system capabilities, tactical plans and lead other product owners to execute strategy. This individual will need to collaborate with other Principals, Directors and Senior Directors across Target Technology Services, Digital, Global Supply Chain & Logistics, Store Operations, Target Finance and other key enterprise partners to gain alignment and make progress.

Reporting/Working Relationships

Reports to Director Product Management

Located at Target India.

No direct reports, but will support strategy and delivery of the capabilities above across IPP product directors

Working Relationships: Works closely with Target Tech engineering teams and business product teams in India and United States, Global Supply Chain & Logistics, Digital, Stores, Target Finance and Accounting, Enterprise capacity planning and Data Science

About you

• Four-year degree or equivalent experience
• 10+ years of hands-on Product Management experience or Supply chain experience with at least 5 years in leadership role.
• 5+ years’ experience with Purchasing and Positioning
• 5+ years’ experience working in product and agile model
• Thought leader in the Supply chain, Inventory flow and optimization
• Knowledge of fulfillment functions and platforms (Procurement, Replenishment, Order Management, Optimization/Sub optimization, TMS, WMS, Carrier Labeling and interactions)
• Knowledge of B2B interactions (EDI, XML, APIs)
• Proven ability to collaborate and cultivate lasting relationships across technology, business and cross-pyramid teams
• Strategic mindset and bias for action
• Strong analytical and problem-solving skills
• Strong business, technology and data acumen with interest towards AI/ML solutions.
• Strong communication skills w/ proven ability to communicate across business and technology teams as well as different levels of leadership.

Useful Links

• Life at Target- https://india.target.com/
• Benefits- https://india.target.com/life-at-target/workplace/benefits
• Culture- https://india.target.com/life-at-target/diversity-and-inclusion

About Us

Target is one of the world’s most recognized brands and one of America’s leading retailers. We make Target our guests’ preferred shopping destination by offering outstanding value, inspiration, innovation and an exceptional guest experience that no other retailer can deliver. Target is committed to responsible corporate citizenship, ethical business practices, environmental stewardship and generous community support. Since 1946, we have given 5 percent of our profits back to our communities. Our goal is to work as one team to fulfill our unique brand promise to our guests, wherever and whenever they choose to shop.

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Our Benefits

We care about and invest in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

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