Merchandising Pricing & Promotions Manager - Lowe's PRO Supply
About The Position
The Merchandising Pricing and Promotions Manager is responsible for developing, implementing, and managing pricing strategies that drive profitable growth, market competitiveness, and customer value across the Lowe's Pro Supply portfolio. This role serves as a subject matter expert and strategic partner, working cross-functionally with merchandising, sales, finance, operations, and analytics teams. This role oversees governance processes, ensures pricing accuracy, and leverages advanced analytics to deliver insights that support business performance and long-term customer loyalty.
Requirements
- Bachelor’s degree Bachelor's degree in business, finance, economics, Marketing, or related field
- Minimum 5 years of experience in pricing, merchandising, finance, data analytics, or a related field.
- Proven experience leading cross-functional initiatives and influencing at the senior leadership level.
- Strong financial modeling and analytical skills; proficiency in Excel and data visualization tools.
- Exceptional communication and presentation skills, with ability to convey complex ideas simply.
Responsibilities
- Develop and execute pricing strategies that maximize profitability, market share, and customer loyalty within the Pro Supply segment.
- Apply elasticity modeling, demand curve analysis, cluster analysis, and rules-based automation to determine optimal price points.
- Monitor competitor movements, market dynamics, and cost fluctuations to ensure responsive, data-driven decisions.
- Lead initiatives to standardize pricing models, methodologies, and governance across product categories and channels.
- Support strategic initiatives including localization, Pro/contractor-focused pricing, clearance pricing, and digital/omni-channel alignment.
- Partner with merchants to align pricing strategies with category growth objectives and supplier negotiations.
- Work with finance and analytics teams to build pricing scenarios, margin forecasts, and profitability assessments.
- Collaborate with sales and operations to ensure pricing strategies support field execution and customer expectations.
- Serve as a trusted advisor to senior leadership, presenting findings, recommendations, and progress updates.
- Conduct rigorous financial, customer, and competitive analysis to support decision-making.
- Leverage advanced analytics to provide actionable insights and optimization recommendations.
- Develop reporting to monitor pricing performance, risks, and opportunities across all channels.
- Identify customer and geographic trends to inform strategic direction.
- Ensure accuracy and compliance of pricing across systems, platforms, and customer-facing channels.
- Establish and enforce pricing governance frameworks to maintain consistency and transparency.
- Streamline and improve workflows, processes, and tools to increase efficiency and scalability.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Number of Employees
5,001-10,000 employees
