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Analyst, Strategic Vendor Management

Petco

Job Description

Create a healthier, brighter future for pets, pet parents and people!

If you want to make a real difference, create an exciting career path, feel welcome to be your whole self and nurture your wellbeing, Petco is the place for you.

Our core values capture that spirit as we work to improve lives by doing what's right for pets, people and our planet.

  • We love all pets like our own
  • We're the future of the pet industry
  • We're here to improve lives
  • We drive outstanding results together
  • We're welcome as we are

Petco is a category-defining health and wellness company focused on improving the lives of pets, pet parents and Petco partners. We are 29,000 strong and operate 1,500+ pet care centers in the U.S., Mexico and Puerto Rico, including 250+ Vetco Total Care hospitals, hundreds of preventive care clinics and eight distribution centers. We're focused on purpose-driven work, and strongly believe what's good for pets, people and our planet is good for Petco.

Job Description

A role in Petco Merchandising Operations means leading a game changing blueprint to align people, process, and systems so that we can evolve and execute Merchandising's multi-year winning strategy. Within Merchandising Operations, the Strategic Vendor Management team develops and recommends strategies to improve business performance by working closely with Merchandising leadership in analyzing market trends and dynamics, vendor/brand economics and productivities, guest loyalty, and related assortment optimization opportunities. The team leverages strategic vendor negotiation tactics to bolster the impact of strategic recommendations and incrementally improve business outcomes.

The Strategic Vendor Management Analyst role supports Merchants to manage relationships with strategic vendors, ensuring compliance with negotiated terms, and supporting negotiation preparation (including scorecards, playbooks). You'll use the right combination of data, expertise, and leadership to coordinate and manage efforts to deliver the greatest value for the company and our guests and their pets. It's your skills that help establish a robust and strategic vendor management framework to drive more value and less risk from critical vendor relationships.

Responsibilities:

  • Gather, analyze, and interpret data to assist in developing insights into actionable guiding principles and negotiation levers that will drive bottom-line results
  • Assist in working alongside with cross-functional business partners to build a holistic evaluation of vendors
  • Develop and synthesizes Merchandise and vendor scorecards - track and interpret performance while drawing insights that lead to actionable merchandise recommendations
  • Develop analytical materials to be shared internally during category reviews and assortment discussions with the Merchandising team. Materials include category scorecards, supplier playbooks, negotiation tactics, and "Ask" materials to be shared with vendors during negotiations
  • Identify sales, cost, and margin opportunities across SKUs and vendors through rigorous analysis and research, including: competitive benchmarking (space, brands, SKUs), market insights, customer insights (eg, surveys, Customer analytics), vendor insight (cost structures, motivations), and extensive SKU/brand/vendor-level analysis (relative productivity, profitability, brand loyalty, SKU transferability, etc.).
  • Work on special projects, ad hoc analysis, and initiatives related to assortment performance and cost reduction and management.
  • Partner with Product and IT to enhance documentation, archiving, and audit processes for agreements with vendors.
  • Create and maintain dashboards and reports to track progress against strategic goals
  • Prepare presentations and reports summarizing findings and recommendations for stakeholders
  • Collaborate with project teams to monitor project timelines, deliverables, and outcomes.
  • Facilitate workshops and meetings to gather insights and feedback from cross-functional teams.
  • Identify opportunities for process improvements and operational efficiencies within the organization.
  • Support the implementation of change management strategies to ensure successful adoption of new processes and practices.
  • Track progress against established goals, report out number of renegotiations successfully completed, total savings realized from re-negotiations, vendor performance against key metrics (e.g., delivery, quality, compliance)
  • Provide excellent customer service to Merchandising organization through analysis, execution, and verification.
  • Support a service-oriented working environment with the primary focus on providing excellent service to Merchants, actively involving them in the process and leveraging everyone's expertise to achieve the best possible outcome;emphasize cooperation, shared responsibility, and a customer-centric approach to problem-solving

Qualifications

  • 4-year degree
  • 1-2 years in Strategic Vendor Management or directly related role. Preferred: experience in either management consulting or retail/CPG. Specific experience in management consulting or retail category management, CPG, vendor management, or sourcing a STRONG PLUS
  • Excellent written and verbal communication skills
  • Excellent problem-solving skills with strong attention to detail, with minimal direction
  • Project Management skills with the ability to multi-task
  • Understanding of retail merchandising basics (ie, category management), merchandising organizational structures and processes, vendor management end-to-end processes

Reports to the Manager of Strategic Vendor Management

#LI-AT2

Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Petco Animal Supplies, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, protected veteran status, or any other protected classification.

The pay ranges outlined below are presented in accordance with state-specific regulations. These ranges may differ in other areas and could be subject to variation based on regulatory minimum wage requirements. Actual pay rates will depend on factors such as position, location, level of experience, and applicable state or local minimum wage laws. If the regulatory minimum wage exceeds the minimum indicated in the pay range below, the regulatory minimum wage will be the minimum rate applied.

$87,100.00 - $130,700.00

/ year

For a more detailed overview of Petco Total Rewards, including health and financial benefits, 401K, incentives, and PTO -see https://careers.petco.com/us/en/key-benefits

To translate this webpage to Spanish or other languages on your internet browser click the translate button to the right of your browser address bar. Additional instruction can be found here: https://support.google.com/chrome/answer/173424?hl=en-GB&co=GENIE.Platform%3DDesktop

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