The Senior Manager of Pricing Analytics is a crucial member of the Corporate Pricing Team responsible for executing the vision of the Corporate Pricing Team by leading the pricing analysis efforts, managing a team to drive data-driven decision-making that aligns with the company's business objectives. This role involves developing retail-centric pricing strategies, implementing strategies across diverse markets, and fostering a culture of innovation and continuous improvement within the team. The individual sets the tone for coaching team members and reinforcing the team’s culture. They will engage with leaders across the country to identify needs and develop creative, yet scalable solutions.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Partner with VP of Pricing on long-term vision for retail pricing including strategic plans, tactical execution, metrics, and reporting structure. Develop retail-centric pricing strategies to address local market customer needs and meet the demands of the local competitive environment. Present findings, insights, and strategic recommendations to senior leadership and other stakeholders. Develop the execution strategies and oversee the implementation of pricing systems, tools, and processes necessary to expand profitability and grow sales. Partner with Sales Analytics to improve reporting capabilities, improve Operator-based metrics, and measure results of executed strategies. Work with Suppliers and Manufactures to expand vendor pricing recommendations while driving efficiencies in data exchanges. Develop strategies to leverage technology capabilities to update retail shelf labels, including possibilities to utilize electronic retail shelf labels. Assess Market needs across the organization and determine system and training requirements to implement best practices. Collaborate with Product Owner to create business requirements necessary to expand pricing capabilities in in-house Pricing Engine. Utilize predictive modeling, experimentation, statistical analysis, and data visualization techniques to understand price elasticities and optimize pricing decisions. Implement and promote a test-and-learn approach to pricing strategies, experimenting with different methodologies to identify the most effective solutions. Craft individual development plans for team members, and provide necessary coaching to ensure individual, team, and company success. Other related duties as assigned.
SUPERVISORY RESPONSIBILITIES
Supervises assigned employees including staff selection and training; planning, assigning and directing work; conducting performance reviews; rewarding and disciplining employees; addressing complaints and resolving problems. Provide leadership and guidance to coach, motivate, and lead team members to their optimum performance levels and career development.
REQUIREMENTS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Bachelor’s degree preferably in Business Administration, Finance, Accounting, Mathematics, Information Technology or a related field. 7-10 years of related work experience, or equivalent combination of education and experience required. 7+ years of experience in analytical field – preference given to disciplines focused on Sales, Pricing, Margin, or Cost Analysis. 3-5 years of experience leading and developing teams. Direct pricing experience with customer-facing products in a retail environment. Demonstrated success crafting and implementing strategies and initiatives. Proven ability to leverage data in decision-making. Advanced Microsoft Office Skills – specifically Excel. Experience with large data modeling software such as Power BI, Python, SQL Excellent communication skills – verbal and written.#LI-MW1