The Pricing Analyst supports all elements of the pricing process across wholesale and retail prices throughout the entire product lifecycle: regular pricing, promotional pricing, markdown, and auction pricing.
Responsibilities (May perform other duties and responsibilities, as assigned).
1. Line Review & Price Change Support: Performs detailed analysis of current prices, wholesale and retail competitor prices, pricing strategies, visibility of products, and develops pricing recommendations.
2. Pricing Optimization: Leverage pricing system to develop pricing rules and run pricing optimization to ensure item level prices follow overarching pricing strategies.
3. Promotional Price Support: Performs detailed analysis of current regular price, proposed wholesale and retail promotional prices, historical promotional performance and develops pricing recommendations.
4. Reporting: Performs complex and detailed analysis required to support benefits estimation and margin enhancement documentation. Develops reports to support general business functions.
5. Change Managements: Builds strong cross-functional relationships with internal and external contacts to understand the business needs and priorities; Work closely with the merchants to ensure price changes are accepted through organization.
6. Professional Development: Maintain repository of best practice tools, templates, and training material.
Education & Experience
- Bachelor’s Degree or equivalent work experience.
- 1-3 years of experience, preferably in Finance, Merchandising, Pricing, Supply Chain, or similar industry.
- Intermediate knowledge of MS Office (Word, Excel and PowerPoint).
Licenses & Certifications: N/A
Physical Requirements(Delete those that do not apply and only keep those that apply to the role)
- Balancing, Climbing, Crouching, Hearing, Kneeling, Lifting, Pulling, Pushing, Reaching, Repetitive Motion, Seeing, Sitting, Standing, Stooping, Talking, Typing, Visual Acuity, Walking
Work Environment: Generally, works in climate-controlled office environment.
Travel: Travel may vary in length and duration.
Experience
Required- 1 - 3 years: Preferably in Finance, Merchandising, Pricing, Supply Chain, or similar industry.
Education
Required- Bachelors or better