Pricing & Promotions Analyst

Rexall Pharmacy Group LTDMississauga, ON
CA$55,000 - CA$70,000

About The Position

Reporting to the Manager, Pricing and Promotions, this role will be an integral member of a high-profile, cross functional-strategic initiative focused on optimizing the effectiveness of Rexall’s promotional activities. The Pricing & Promotions Analyst acts as consultants to key Category Management partners, providing fact-based insights and recommendations to improve total sales, margin and overall promotions' effectiveness.

Requirements

  • 2-3 year College Diploma in a related field.
  • Analytical and strong attention to detail: including; exploring data, discovering patterns, relationships, anomalies and trends.
  • Excellent organizational, time management and multi-tasking skills.
  • Customer-focused and a great teammate.
  • Excellent communication skills both written and verbal.
  • Solid understanding of Microsoft Office software, specifically Excel.
  • Access is preferred.

Responsibilities

  • Accurately forecasting, tracking, and reporting the sales, margin, and promotional impact and effectiveness across a range of front of store categories (Cosmetics, Convenience, Beauty and Health etc).
  • Work directly with Category Managers and Directors to optimize promotional sales and make recommendations based on trends, targets, promotional strategies.
  • Provide proactive recommendations on sales-, margin-, and basket-driving promotions.
  • Monitors and analyzes promotional activities to determine efficiency, accuracy, and performance relative to forecast and identify trends.
  • Analyze data to calculate baseline sales and margin and estimate incremental sales and margin for promotional within a set of categories.
  • Own real-time consolidated forecast; measure and provide reporting relative to category targets and other metrics.
  • Perform ad hoc analysis on promotional response to categories.
  • Support the Manager, Pricing and Promotions to develop and implement product price strategies including segment strategies for the various markets and channels.
  • Download and organize baseline price information, analyze and report on inconsistencies, and finds opportunities to optimize sales and profitability through pricing strategies.
  • Build various reports such as daily trend report, ad reports, period end reports, etc. for various customers in Merchandising.
  • Perform weekly updates to Ad Reporting Tool and develop promo reports on ad hoc basis.
  • Update monthly scorecard with new data and present results to team to show performance year over year.
  • Perform other duties as assigned including ad-hoc analysis on methods to optimize pricing and promotions through market and pricing strategies.
  • Perform other duties as assigned to support Rexall Pharmacy Group Ltd.
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