Associate Sourcing Manager
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.
Essential Job Functions
- Initiates and facilitates competitive bids, request for quotes (RFQs), negotiations, and resourcing activities to provide vendor matrix options that drive category growth, flexibility, speed to market and profitability.
- Develops and distributes financial models and reports to monitor and improve profitability and mitigate financial risk.
- Provides guidance on financial goals to cross-functional team members and others at start of new product development cycles.
- Develops and provides options on product costs to product development and design staff, and merchandising staff.
- Develops short- and long-term production and financial plans to support strategic business goals.
- Partners with inventory, merchandising and planning staff to align business needs with vendor capacity and ensure on-time and in-full delivery.
- Studies product roadmap, development strategy and innovation needs, and develops vendor matrix strategies to provide options that deliver on business goals.
- Evaluates vendors based on qualitative and quantitative data (e.g., performance, quality, pricing, service, etc.) and reviews data with the vendors and internal teams.
- Establishes goals for vendor improvement and matrix optimization.
- Performs analyses to allow for objective decision making, including total cost of ownership (TCO) opportunities.
- Manages vetting and onboarding of new vendors. Activities include: negotiating contract terms for new vendors, and supervising initial product development timing, cost engineering, test runs, and production to achieve on-time delivery.
- Partners with domestic and international transportation and logistics providers, and vendors to optimize freight costs for products.
- Researches, analyzes, monitors and reports on changes in macroeconomic conditions, cost component and raw material fluctuation, and industry trends.
- Recommends and implements strategies to take advantage of opportunities and mitigate operational and financial risk.
- Evaluates, designs, recommends and implements sourcing policies and business processes and systems to scale efficiently and drive value, sales, and profits.
- Identifies and drives sustainability initiatives within owned-brand products, supply chain, manufacturing practices and packaging.
- Travels domestically and internationally to visit and evaluate vendor production sites, and attends industry trade shows to identify, evaluate and build relationships with vendors.
- Provides supervision to assigned staff: includes activities such as hiring, counseling, guiding, training and delivery of disciplinary processes as required.
Required Skills and Qualifications
- Bachelor's degree in business administration or related field; 5 years of progressive work experience in global sourcing or sourcing related roles, or an equivalent combination of education, related experience and or training.
- Ability and willingness to travel domestically and internationally.
- Leadership and management experience in private label sourcing and/or exclusive brands.
- Strong analytical skills and sense of curiosity, high sense of urgency, comfortable with ambiguity, polished influencing and negotiation skills, excellent communication and interpersonal/relationship-building skills.
Note: Current responsibilities are impacted by company and team priorities that may have evolved from what is displayed in the Workday job profile. The description provides general job duties and requirements, but the partner's manager may assign additional responsibilities or tasks depending on business needs.
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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.
$64,800.00 - $97,200.00/ 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
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