Experienced Product Manager - Item Cost Management: Transforming Retail Excellence through Strategic Leadership and Innovative Product Solutions

Unlock Your Potential as a Product Manager - Item Cost Management at Target Corporation

Join the esteemed team at Target Corporation, a $100+ billion retail giant, as a Product Manager - Item Cost Management. Be at the forefront of revolutionizing the retail landscape by driving unparalleled accuracy and efficiency in item cost management. As a key member of the Merchandising team, you will spearhead the development of innovative product solutions, collaborating with cross-functional teams to elevate Target's position as a premier retailer in the global marketplace.

About Target Corporation and the Merchandising Team

At Target, our mission is to help all families discover the joy of everyday life. We achieve this through our commitment to delivering exceptional value, quality, and style. The Merchandising team plays a vital role in reimagining how Target offers guest-inspiring items, creating a localized shopping experience online and in our 1800+ stores. As a Product Manager - Item Cost Management, you will be instrumental in shaping the future of retail excellence.

Key Responsibilities and Expectations

• Product Excellence: Take ownership of Item Cost Management initiatives, focusing on streamlining and accelerating the accuracy of item costs across all business areas.
• Strategic Leadership: Collaborate seamlessly with Assortment Planning and Vendor Experience teams to develop and integrate innovative capabilities that enhance the entire product lifecycle.
• Enhance Our Technology: Lead the evolution of the Item Cost Management application, shaping its features and functionality to meet user needs and drive business success.
• Inspire Collaboration: Foster strong partnerships across departments, bringing together diverse perspectives to deliver a cohesive strategy that aligns with company goals.
• Develop a plan and business objectives (OKRs) for your respective product, collaborating with your product team and key stakeholders.
• Build a strong knowledge of your product through product discovery, collecting customer feedback and relevant data points to inform product direction and desired outcomes.
• Work in unison with engineers, UX designers, data scientists, and business partners to deliver a product that meets stakeholder needs.
• Maintain and refine the product backlog, prioritizing the highest impact work for your team and stakeholders.
• Encourage open information exchange and inspire others to achieve challenging goals and high performance standards.

Essential and Preferred Qualifications

To excel as a Product Manager - Item Cost Management, you should possess:

• A four-year degree or equivalent experience.
• 4+ years of product management experience or equivalent domain experience, preferably in retail, merchandising, or cost management.
• Proven experience owning and driving product strategy from conception to execution.
• Technical aptitude with a strong track record of collaborating with engineering and UX teams to deliver innovative solutions.
• Experience working in an agile environment, with a deep understanding of agile practices and frameworks.
• Exceptional communication skills, with the ability to articulate complex product concepts to both technical and non-technical stakeholders.
• Comfortable presenting and facilitating discussions with stakeholders across the entire ecosystem for a highly visible, cross-functional product.

Skills and Competencies Required for Success

To thrive in this role, you will need to demonstrate:

• Strong product management skills, with the ability to drive product strategy and execution.
• Excellent collaboration and communication skills, with the ability to work effectively with cross-functional teams.
• Technical aptitude, with a strong understanding of engineering and UX principles.
• Agile methodologies and practices, with the ability to adapt to changing priorities.
• Strategic thinking, with the ability to drive business outcomes and achieve company goals.

Career Growth Opportunities and Learning Benefits

As a Product Manager - Item Cost Management at Target, you will have the opportunity to:

• Develop your skills and expertise in product management, driving business outcomes and achieving company goals.
• Collaborate with cross-functional teams, gaining a deeper understanding of the retail landscape and Target's business operations.
• Participate in training and development programs, enhancing your technical, business, and leadership skills.
• Advance your career within Target, taking on new challenges and responsibilities as you grow professionally.

Work Environment and Company Culture

Target Corporation offers a dynamic and inclusive work environment, with a culture that values:

• Diversity, equity, and inclusion, with a commitment to creating a workplace that is welcoming and inclusive for all.
• Collaboration and teamwork, with opportunities to work with cross-functional teams and drive business outcomes.
• Innovation and creativity, with a culture that encourages experimentation and learning.
• Growth and development, with opportunities for professional advancement and skill development.

Compensation, Perks, and Benefits

Target Corporation offers a competitive compensation package, including:

• A salary range of $85,500.00 - $153,900.00, based on factors such as labor markets, education, work experience, and certifications.
• Comprehensive health benefits and programs, including medical, vision, dental, life insurance, and more.
• 401(k) and employee discount programs.
• Short-term and long-term disability benefits.
• Paid sick leave, national holidays, and vacation time.

Conclusion

Join Target Corporation as a Product Manager - Item Cost Management and be at the forefront of transforming the retail landscape. With a competitive compensation package, comprehensive benefits, and a dynamic work environment, this is an opportunity you won't want to miss. Apply now and take the first step towards a rewarding new role.

Application deadline is: 02/07/2025

Seize this opportunity to make a significant impact. Apply now and take the first step towards a rewarding new role.