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Spartannash Associates - Grand Rapids, MI
posted 2 months ago
About the position
The Pricing Analyst role at SpartanNash is focused on developing and implementing category pricing strategies that align with the company's financial and market positioning goals. This position requires collaboration with the Merchandising team to create effective pricing strategies, maintain competitive pricing, and enhance consumer price perception. The analyst will utilize price optimization software to analyze competitive data, forecast pricing impacts, and provide recommendations to improve category performance.
Responsibilities
- Develop and implement category pricing strategies to achieve management objectives.
- Work cross-functionally with the Pricing Director and Merchandising team to lead pricing strategy development.
- Maintain and execute a pricing review schedule based on category importance and contribution.
- Act as a Super User for Price Optimization Software, validating and loading competitive price check data.
- Analyze competitive relationships and sales data to inform pricing strategies.
- Build multiple category scenarios to validate pricing strategy execution.
- Develop optimal pricing rule sets and determine competitive index objectives.
- Present findings and recommendations to Category Management and implement approved changes.
- Conduct post-implementation analysis to validate forecasts against category objectives.
- Develop trend-driven reporting metrics to guide future pricing strategies.
- Forecast the impact of commodity cost increases on sales and profitability using KSS software.
- Support the retail hosting department as directed.
- Participate in strategic planning for the pricing department.
Requirements
- Bachelor's Degree in Business Administration or related field or equivalent experience.
- Three years of retail supermarket experience preferred.
- Strong understanding of retail pricing.
- Advanced computer skills, particularly in Excel and Brio.
- Ability to collect data and analyze trends effectively.
- Strong written and verbal communication skills.
Nice-to-haves
- Experience with price optimization software.
- Familiarity with KSS forecasting tools.
Benefits
- Competitive Total Rewards benefits package.
- Equal Opportunity Employer that celebrates diversity.
