Senior Analyst, Pricing Strategy

Office Depot • Boca Raton, FL

1d

About The Position

The Senior Analyst, Pricing Strategy with the Sr. Manager of pricing
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

• Level of Formal Education: Bachelor’s degree or equivalent experience
• Area of Study: Business Administration, Finance, Mathematics, or Economics
• Years of Experience: Minimum 4 years experience in related field
• Type of Experience: Data Analysis and Reporting, Pricing Strategy Development, Pricing/Profit Optimization
• Language Skills: 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.
• Technical Competencies: Advanced Proficiency in MS Excel
• Skills and Ability: Data Analysis and Reporting: Gather and analyze internal and external pricing data, creating comprehensive reports to support executive decision-making processes for strategic pricing adjustments.
• Interpersonal Skills: Building and maintaining positive relationships with colleagues
• Time Management: Demonstrated ability to manage time efficiently, balancing data entry tasks with communication duties without sacrificing accuracy or quality.
• Personal Attributes: 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

• The company offers competitive salaries, a benefits package, which includes a 401(k) and more, along with plenty of opportunity to move and grow within our organization!
• You will be eligible to participate in an incentive program, paid in accordance with the Incentive Plan terms and conditions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level