Global Sourcing Manager

Petco Sourcing Manager

Want to help pets live their best lives?

We're proud to be where the pets go and where the pet people go. 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 and people.

• Pet First Protect & Empower. All pets should Live their Best Life. We put the needs of pets and pet parents at the center of everything we do.
• Foster the Fun Connect & Bond. Our Passion for pets brings us together! We celebrate the journey of pet parenthood through district experiences, products, and services.
• Let's Go! Own & Commit. We are stronger as One Petco team. We bring our unique superpowers and champion authenticity in everyone to drive success.

About Petco:

We're proud to be "where the pets go" to find everything they need to live their best lives for more than 60 years from their favorite meals and toys, to trusted supplies and expert support from people who get it, because we live it. We believe in the universal truths of pet parenthood the boundless boops, missing slippers, late night zoomies and everything in between. And we're here for it. Every tail wag, every vet visit, every step of the way. We are 29,000+ strong and together we nurture the pet-human bond in more than 1,500 Petco stores across the U.S., Mexico and Puerto Rico, 250+ Vetco Total Care hospitals, hundreds of preventive care clinics and eight distribution centers. In 1999, we founded Petco Love. Together, we support thousands of local animal welfare groups nationwide and have helped find homes for approximately 7 million animals through in-store adoption events.

General Summary:

Responsible for managing global sourcing activities for Petco's owned-brand products. Identifies and executes cost savings opportunities and negotiates with vendors on product availability and price. Manages execution of sku set-ups and on-boarding of suppliers well. Responsible for sourcing many product types in many countries to add value to the business through speed to market, flexibility, best cost and sustainability.

Principle Duties and Responsibilities:

• 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.
• Recommends and implements sourcing policies and business processes and systems to scale efficiently and drive value, sales, and profits.
• Manages sku set-up and implementation for both new and existing vendors. Responsible for initiating vendor set-ups in internal systems to ensure appropriate on-boarding and maintenance
• Responsible for keeping the supplier's database updated as a source of information for the sourcing team.
• Troubleshoots incongruencies in data between Petco and the vendors (i.e. cost discrepancies)
• Runs ad hoc reporting to support business needs in varying magnitudes of complexity
• 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.

Minimum Qualifications:

• Bachelor's degree in business administration or related field
• 3 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
• 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.

Disclaimer:

The above information on this description has been designed to indicate the general nature and level of work performed by employees assigned to this job (within this classification). It is not intended to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required for employees assigned to this job.