Analyst, Strategy & Transformation

Petco is hiring a Strategic Vendor Management Analyst to support Merchants in managing strategic vendor relationships, monitoring compliance with negotiated terms, and preparing for negotiations. The role analyzes vendor, product, and market performance and develops recommendations, reporting, and process improvements to increase value and reduce risk.

What you'll do:

• 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

What they're looking for:

• 4-year degree
• 1-2 years in Strategic Vendor Management or directly related role
• 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
• 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