Senior Analyst, Pricing Strategy (Remote)
About The Position
The Senior Analyst, Pricing Strategy collaborates with the Merchandising team to develop and maintain effective base and promotional pricing strategies for both retail and online sales channels. As a subject matter expert in pricing optimization tools, the Senior Analyst will provide strategic advice, conduct testing, and implement pricing initiatives aimed at maximizing profitability and margin. This role upholds the integrity of Office Depot pricing by maintaining pricing family structures, ensuring compliance with vendor MAP pricing requirements and monitoring competitor pricing data thereby enhancing customer experience and perception.
Requirements
- Bachelor’s degree or equivalent experience
- Business Administration, Finance, Mathematics, or Economics
- Minimum 4 years experience in related field
- Data Analysis and Reporting, Pricing Strategy Development, Pricing/Profit Optimization
- Proficiency in English: Ability to read, write, and communicate fluently in English, with strong grammar and vocabulary skills. Experience in drafting reports and engaging in professional correspondence.
- Advanced Proficiency in MS Excel
- Gather and analyze internal and external pricing data, creating comprehensive reports to support executive decision-making processes for strategic pricing adjustments.
- Building and maintaining positive relationships with colleagues
- Demonstrated ability to manage time efficiently, balancing data entry tasks with communication duties without sacrificing accuracy or quality.
- Attention to Detail: Ensuring accuracy and thoroughness in all tasks and responsibilities.
- Teamwork: Collaborating well with others to achieve common goals.
- Adaptability: The ability to adjust to new conditions and embrace change positively.
Nice To Haves
- Experience with Pricing Optimization software is not required, but preferred
Responsibilities
- Collaborate with the Merchandising team to develop, test, implement and maintain effective base and promotional pricing strategies for both retail and online sales channels utilizing pricing optimization software to maximize sales and profitability
- Track key business metrics (e.g. sales, share, value perception, margin, customer attributes, etc.) to continually evaluate pricing effectiveness and refine pricing strategies as needed to maximize sales and profitability
- Pricing maintenance including establishing and updating family structures, ensuring compliance with vendor MAP pricing requirements, competitor price matching and execution of Merchant initiated price changes to ensure great customer experience
- Manage and monitor competitive pricing data and matching strategy to ensure that we have accurate data to base pricing recommendations and are maximizing ROI for our pricing optimization software
Benefits
- 401(k)
- competitive salaries
- a benefits package
- plenty of opportunity to move and grow within our organization
- incentive program
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What This Job Offers
Job Type
Full-time
Career Level
Senior
