Pricing Sr Analyst-Online

Lowe's Companies, Inc.•Mooresville, NC

56d

About The Position

Your Impact Category Pricing Strategy: The primary purpose of this role is to support the analytics necessary to develop and execute pricing strategies for their assigned merch divisions. This includes executing price changes, monitoring performance gaps, providing insights to pricing management, and suggesting strategy changes. The Senior Analyst will be a critical member of the GMM pricing team. Analytics & Insights: The primary purpose of this role to support the execution of the pricing analytics and science roadmap for Lowe's. Apply advanced analytical concepts in support of designing and executing Lowe's pricing strategy. This team will assist Lowe's in understanding the effectiveness of various strategies and promotions and will partner closely with Technology to develop tools and capabilities for use by the Pricing organization. Lastly, this team will provide insights gathered from the data that can be applied to pricing strategies for competitive advantage Strategic Initiatives: Support projects that drive forward strategic priorities for Lowe's, including but not limited to, price optimization, Localization strategies, and/or Pro share. This role is charged with understanding customers' values, business strategies and determining optimal approaches for meeting their needs. Collaborate with merchant and finance partners to identify risk and opportunities and develop mitigation plans. This position will identify key tollgates and communicate regularly status updates to senior leadership.

Requirements

4 years relevant experience (pricing, merchandising, finance, digital, or related field focused on retail analytics)
2 years corporate retail pricing, promotions or competitive intelligence analytics or strategy experience
Bachelor’s degree in Business, Finance or related field or equivalent years of experience in lieu of education requirement, if applicable
High school diploma or GED or equivalent years of experience in lieu of education requirement, if applicable

Nice To Haves

2 years' experience in Home Improvement Retail or Experience working in an omnichannel environment
2 years' experience developing processes and procedures to support business objectives

Responsibilities

Responsible for achieving Pricing related sales and margin objectives for their respective Merchandising divisions through the use of new and legacy pricing tools in alignment with impacted stakeholders
Responsible for maintaining relationships, communicating effectively, and building cross functional partnerships with their respective MVPs, MDs, and MMs
Responsible for ensuring that the Lowe's enterprise pricing strategy frameworks and guardrails are implemented across all product categories for merchandising divisions that they support.
Works closely with their management team and with the pricing team to ensure they are fully versed in and can communicate the Lowe's pricing strategy framework and how that translates into rules and guardrails for pricing.
Responsible for listening to and reacting to the needs of their business partners business while also fully supporting the enterprise pricing strategy and objectives. The senior analyst will ensure that they utilize all available tools, data, and insights to deliver the best possible of service and results to their respective partners.
Responsible for leading cross functionally with their respective merchant teams and other key stakeholders. They are responsible for conducting themselves in a manor that reflects positively on the Pricing organization with a focus on proactive problem solving and personal accountability.
Responsible for ensuring that they meet all key deliverables and timelines for their projects and tasks. Promptly raises issues that could lead to missed timelines and works with management team on mitigation plans.
Responsible for sharing best practices across their team. Identifies largest areas of repetitive manual work and raises to management team to look for automation opportunities.

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