The pay range is $95,000.00 - $171,000.00 Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests 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 . Workingat Target means helping all families discover the joy of everyday life. Webring that vision to life through our values and culture.Learn more about Targethere (. A role in Sourcing means having a hand in developing products that have a positive impact on people and the planet. We integrate our sourcing capabilities with our propensity for quality and social responsibility to positively impact the cost and quality of our products. We care about the lives of the people who make the products Target guests love, and weu2019re mindful of the impact our manufacturing practices have on the environment. In Sourcing, youu2019ll apply your apparel and accessories and/or home goods expertise to promote and apply responsible sourcing practices while driving the success and growth of Targetu2019s owned brands. The Sourcing team starts at the very earliest stages of product development, builds out the costing models and tracks where product stands at every step in the production cycle, from overseas shipping to our import warehouses, distribution centers and stores. And since Target is indeed a global company, youu2019ll be part of the team that manages global relationships in partnership with the buying team who shop for trends all over the world. Your ability to stay aware of our suppliersu2019 activities will help ensure compliance with responsible practices, and youu2019ll have influence over which manufacturers Target chooses to work with. Youu2019ll be a close point-of-contact with Target team members in sourcing offices located in 20 countries around the globe, and youu2019ll support their work as liaisons among buyers, product developers and overseas partners. About the Role The Sr. Manager, Commodity Management supports Owned Brands (OB) Food & Beverage Sourcing by leading commodity strategies that deliver cost optimization, supply assurance, and risk mitigation across key raw material categories. This role applies deep market insight, should-cost modeling, and supplier collaboration to enable competitive, safe, and reliable OB F&B products. Partnering closely with OB F&B sourcing leaders and cross-functional stakeholders, the Sr. Manager assesses market conditions, manages supplier and material risk, and supports complex sourcing and negotiation strategies. Through strong analytical rigor and executive-ready communication, this role translates commodity performance, risks, and opportunities into clear recommendations that protect supply continuity and support Owned Brands growth. Key Responsibilities u00b7 Lead the development and execution of commodity strategies supporting Owned Brands Food & Beverage, balancing cost, quality, service, and supply risk u00b7 Identify and deliver raw material cost reduction and supply assurance initiatives aligned to Owned Brands product and sourcing priorities u00b7 Analyze market dynamics, ingredient cost drivers, and supply risks (capacity constraints, volatility, geopolitical exposure) to inform OB F&B sourcing strategies u00b7 Oversee should-cost modeling, benchmarking, and opportunity assessments for key ingredients and materials to support pricing transparency and negotiations u00b7 Lead supplier and ingredient sourcing initiatives, ensuring contracts include appropriate commercial, quality, food safety, and risk protections u00b7 Define and implement risk mitigation strategies (e.g., dual sourcing, alternate ingredients, inventory strategies) to protect continuity of OB F&B supply u00b7 Partner with Owned Brands sourcing leaders and cross-functional teams (Quality, Food Safety, Regulatory, Finance) to align on strategy and risk mitigation plans u00b7 Communicate commodity performance, ingredient risks, and recommendations to senior leadership through clear, actionable reporting About you: u00b7 Bacheloru2019s degree in Supply Chain, Business, Economics, or related field u00b7 6-8 years of experience in strategic sourcing, commodity management, or supply chain roles u00b7 Demonstrated experience with should-cost analysis, cost modeling, and total cost of ownership evaluation u00b7 Strong understanding of commodity market volatility and supply risk factors u00b7 Proven ability to influence stakeholders and lead complex negotiations u00b7 Strong analytical, communication, and interpersonal skills u00b7 Ability to operate effectively in a fast-paced, matrixed environment Benefits Eligibility Please paste this url into your preferred browser to learn about benefits eligibility for this role: Americans with Disabilities Act (ADA) In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to . Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel. Application deadline is : 04/29/2026