Retail Product & Pricing Manager

Hy-Vee, Inc.•Bethany, MO
•Onsite

About The Position

The Retail Product & Pricing Manager oversees the Product Management Department in a retail store. The role sets standards for customer service, employee relations, cleanliness, sanitation, professional appearance, and profitability, and ensures products are available to customers in a timely manner with accurate item parameters maintained in product management software. The manager determines department goals with store management, supervises department personnel, establishes schedules and daily work plans, maintains supplies, and supports gross profit analysis and management reporting. The position oversees inventory accuracy, product management applications, pricing and signage, replenishment and advertising orders, special buys, price and product-information changes, inventory and pricing verification, product placement, resets, and reductions of obsolete or excess inventory. It also monitors damage and unsaleables, assists department managers with product-management questions, and works with direct-store-delivery vendors, including checking in and balancing invoices. The position is performed onsite in a retail location. It involves daily contact with customers, suppliers/vendors, and the general public; responsibility for company assets; and access to confidential store inventory, item-cost, and margin information. Employment is contingent upon successful completion of a pre-employment drug screen.

Requirements

  • High school education or equivalent experience.
  • Strong basic math skills, including the ability to perform arithmetic calculations involving fractions, decimals, and percentages.
  • Over six months to one year of similar or related experience.
  • Ability to solve practical problems involving a variety of variables with limited standardization and interpret instructions.
  • Ability to interview to obtain basic information, guide people by providing basic direction, follow technical manuals, and interact with people.

Responsibilities

  • Set department standards for customer service, employee relations, cleanliness, sanitation, professional appearance, and profitability.
  • Provide prompt, efficient, friendly, and helpful customer service, setting a positive example for employees.
  • Determine department goals with store management.
  • Supervise personnel within the Product Management Department.
  • Establish the department schedule and daily work plan.
  • Maintain department supplies and replenish them as needed.
  • Assist store management with gross profit analysis and other management reporting.
  • Ensure inventory information is accurate for monthly inventory.
  • Oversee maintenance of product management applications and train other store personnel.
  • Use product management software to minimize out-of-stocks and inventory and maintain accurate item parameters and signage to maximize sales and profits.
  • Ensure advertised, EDLP, and RDA items are priced and signed correctly and sufficient quantities are ordered.
  • Oversee special buys to ensure product-management application parameters are accurate.
  • Plan and schedule inventory and pricing verification in accordance with company policy.
  • Work with upper management on product placement for new items and resets to ensure timely presentation to customers.
  • Reduce obsolete and discontinued inventory for quick sale, and monitor excess inventory with store management.
  • Monitor and report damage and unsaleables and implement solutions to reduce them.
  • Approve or edit replenishment and advertising orders.
  • Ensure price changes and product-information changes are completed in a timely manner.
  • Assist department managers with product-management questions.
  • Work with DSD vendors, check in deliveries, and balance vendor invoices.
  • Follow department and company guidelines for personal hygiene and dress, adhere to company policies and store guidelines, and report to work as scheduled and on time.
  • Assist in other store areas as needed.
  • Review Product Management Department equipment needs and recommend budget requests to the Store Director.
  • Perform other job-related duties and special projects as required.
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