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A results-focused, motivated, pragmatic leader with a proven track record of significant financial performance, process improvement, and business acumen. I have a strong background in cross-functional team leadership, strategic sourcing, direct negotiations, and contracting, as well as procurement operations and merchandising.I value companies that are looking for Innovative, Critically Thinking and Driven employees who wish to make a definitive impact upon the company's future success.Sourcing and Negotiations experience in areas including Marketing, Technology, Professional Services, Management Consulting, Finance, Corporate Security, and others.Extensive experience in: Leading cross-functional teamsDeveloping team membersDriving process improvementsDeveloping sourcing & negotiation strategiesDeveloping detailed fact basesStrategic sourcingDirect negotiationsDeveloping & documenting best practices
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Senior Director Strategic SourcingTarget Jun 2024 - PresentMinneapolis, Mn, Us -
Director Strategic SourcingTarget Nov 2015 - Jun 2024Minneapolis, Mn, Us• Responsible for leading teams of industry leading sourcing professionals, managing enterprise-wide operating supplies, fixtures, construction labor, and material handling & distribution equipment & services. -
Strategic Sourcing LeaderTarget Aug 2013 - Nov 2015Minneapolis, Mn, Us• Responsible for leading cross-functional teams spanning the organization through sourcing processes, driving best-in-class sourcing / negotiation strategies, process improvements, and total cost of ownership analysis, resulting in dramatically improved business results.• Acted as a trusted adviser to all levels of internal and external leadership, including C-suite executives, leading them through sourcing and negotiation events by demonstrating strong strategic, innovative, and personable leadership skills across the company.• Actively drove improvements in the skills and effectiveness of Target's sourcing organization by developing, socializing, and training on new capabilities including direct negotiations, category management methodology, sourcing processes, and 3rd party research resources.• Additionally responsible for major contract legal coordination, redlines, execution, and data management. -
Senior Sourcing SpecialistTarget Sep 2011 - Aug 2013Minneapolis, Mn, Us• Responsible for collaborating with client groups to find indirect goods and services to suit their needs, negotiating the best Total Cost of Ownership value on these programs, and writing contracts.• Successfully led multiple complex categories through to completion resulting in millions of dollars of savings with savings rates in excess of 40%.• Drove innovation throughout categories, and gained buy in from senior leadership for updated item suggestions and spec changes to drive costs out of established and commoditized programs.• Led a cross-functional team including Technology, Finance, and other Operations teams to develop a process for, and drive Target's UNSPSC conversion for an upcoming system transition. -
Central Sourcing Business AnalystTarget Oct 2010 - Sep 2011Minneapolis, Mn, Us• Led Target's full indirect third party logistics provider (3PL) transition, including all purchasing and inventory management for both the current and new 3PL, resulting in significant decreases in inventory write-offs, increased service levels, and maintained fill-rates throughout the transition.• Led multiple departments through the Item Master File Cleanup Project, resulting in the validation of more than 250K data fields, providing sustainability in the current non-retail system and laying the groundwork for the upcoming 3PL transition.• Collaborated with strategic vendor partner to define the role of a new onsite representative, identifying opportunities and creating more streamlined processes to reduce costs and improve level of service to the stores.• Developed and implemented best methods for the collection of all accounts payable for owned categories, resulting in additional millions of dollars being collected, a more efficient, repeatable process to avoid future delinquency. -
Manager - Target India Central TeamTarget Jun 2009 - Oct 2010Minneapolis, Mn, Us• Responsible for a team of operations experts driving the integration of new international teams with their domestic counterparts, allowing US based teams to focus more strategically on their respective businesses.• Managed the development and integration of an international analytics team serving US based merchandising categories, and driving tens of millions of dollars in increased sales opportunity through their work.• Drove the development and implementation of a Target India release strategy for processes to support MP teams across the company, tripling the transferred processes within one year, resulting in significant time savings domestically. -
Senior Business AnalystTarget Oct 2006 - Jun 2009Minneapolis, Mn, Us• Merchandising business analyst in Target's Grocery business, responsible for all forecasting, purchasing, and supply chain management for multi-million dollar grocery categories.• Developed division best methods and led department through Target's first four Dedicated Food Distribution (DFD) Facility negotiations, resulting in increased in net PMU, decreased contribution expenses, and increased speed to execution of inventory flow.• Director’s Award recipient for developing a division-wide Segmentation strategy to improve instocks and sales performance by volume grouping, resulting in significantly increased high-volume instocks and sales over previous year• Director’s Award recipient for creating division wide markdown and manual order analysis tools to help the merchant teams make more strategic decisions about their assortments and item replenishment. -
Minnesota Branch ManagerMidwest Tile, Marble And Granite Jun 1998 - Oct 2006Lincoln, Nebraska, Us• Responsible for a full team of employees directly managing all domestic and international shipments• Managed all training and onboarding for customer service skills, policies, safety procedures, and computer skills• Scoped and developed new corporate locations, taking ownership of the location for the company and converting it to fully functional new operations within tight deadlines
Dan Markus Skills
Dan Markus Education Details
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University Of Wisconsin-River FallsEconomics -
University Of Wisconsin-River FallsGeneral
Frequently Asked Questions about Dan Markus
What company does Dan Markus work for?
Dan Markus works for Target
What is Dan Markus's role at the current company?
Dan Markus's current role is Senior Director, Strategic Sourcing at Target.
What is Dan Markus's email address?
Dan Markus's email address is da****@****get.com
What is Dan Markus's direct phone number?
Dan Markus's direct phone number is +161233*****
What schools did Dan Markus attend?
Dan Markus attended University Of Wisconsin-River Falls, University Of Wisconsin-River Falls.
What skills is Dan Markus known for?
Dan Markus has skills like Leadership, Project Management, Process Improvement, Sourcing, Management, Team Management, Inventory Management, Cross Functional Team Leadership, Strategic Sourcing, Negotiation, Program Management, Business Strategy.
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