Coordinator Pricing
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About The Position
The Pricing Coordinator is responsible for entering the base prices for a specific grouping of categories. Assisting in the workflow management of price adjustments utilizing the optimization software to identify categories that need to be reviewed to align with the stated company price strategy. For focus categories, perform scenario planning to arrive at the most effective cost and price. As a Pricing Coordinator you will also help establish and enter base pricing for a specific grouping of categories that deliver the banner strategy at the shelf and achieve the assigned targets for sales, margin and units. Review the retail price recommendations of the Markdown team. Calculate the financial impact to the categories and incorporate into the forecast. Monitor the performance of the base and promotional pricing plan. Adjust pricing as necessary to deliver the key financial metrics. Collaborate with other teams within the CMP organization to master the Revionics and Eversight pricing software and leverage the full value of the tool. Detect, research and correct data errors within the product hierarchy that limit the value associated with the banner pricing strategy. Assist with addressing any banner wide margin gap exercises. Understand the impact of cost changes on lead item selection and category profitability.
