Analyst, Strategic Vendor Management

$87,100 - $130,700/Yr

PetCo - San Diego, CA

Full-time - Entry Level

San Diego, CA

10,001+ employees

Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers

About the position

The Strategic Vendor Management Analyst at Petco plays a crucial role in enhancing the company's vendor relationships and overall business performance. This position involves analyzing market trends, vendor economics, and productivities to develop actionable insights that drive bottom-line results. The analyst will support Merchants in managing strategic vendor relationships, ensuring compliance with negotiated terms, and preparing for negotiations. This role is integral to establishing a robust vendor management framework that maximizes value and minimizes risk.

Responsibilities

• Gather, analyze, and interpret data to develop insights into actionable guiding principles and negotiation levers.
• Work alongside cross-functional business partners to build a holistic evaluation of vendors.
• Develop and synthesize Merchandise and vendor scorecards, tracking performance and drawing insights for actionable recommendations.
• Create analytical materials for internal category reviews and assortment discussions, including scorecards and negotiation tactics.
• Identify sales, cost, and margin opportunities through rigorous analysis and research.
• Work on special projects and ad hoc analysis related to assortment performance and cost management.
• Partner with Product and IT to enhance documentation and audit processes for vendor agreements.
• 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 timelines, deliverables, and outcomes.
• Facilitate workshops and meetings to gather insights from cross-functional teams.
• Identify opportunities for process improvements and operational efficiencies.
• Support the implementation of change management strategies for new processes.
• Track progress against established goals and report on vendor performance metrics.
• Provide excellent customer service to the Merchandising organization.

Requirements

• Bachelor's degree in a relevant field.
• 1-2 years of experience in Strategic Vendor Management or a directly related role.
• Experience in management consulting or retail/CPG is preferred.
• Excellent written and verbal communication skills.
• Strong problem-solving skills with attention to detail.
• Project management skills with the ability to multi-task.
• Understanding of retail merchandising basics and vendor management processes.

Nice-to-haves

• Experience in management consulting or retail category management.
• Specific experience in vendor management or sourcing.

Benefits

• Health insurance
• 401(k)
• Paid time off