Pricing Analyst, Retail Pricing

Job Description Summary:

The Pricing Analyst, Retail Pricing is responsible for establishing, implementing, and monitoring retail pricing strategies and services that better position the Company's Retailers to maximize gross profits and competitiveness & nbsp; These responsibilities include providing price management expertise to the Independent Retailers, Retail Account Managers, and the Category Management team & nbsp; The position will work with other team members and the Retail Services Leadership Team to demonstrate the Company's Values, execute the Company's Strategic Objectives, and continually elevate the Customer Experience.

Job Description:

• Monitor data feeds and output retails to ensure desired retails are achieved based on pricing attribute parameters set.
• Monitor competitive data for completeness, data accuracy/integrity and significant shifts in competitive pricing postures and recommend appropriate response
• Recommend and implement store specific pricing to maintain gross profit and competitiveness.Evaluate store specific pricing and implement retail pricing optimization solutions.
• Participate in the implementation of new store setups and validate accuracy of setup once project is completed. For existing stores, examine and evaluate the current pricing structure and reporting needs to identify gaps and opportunities.
• Perform store reviews to make sure they are achieving desired Gross Margin (GM). Create ad hoc reports for stores to provide the current status of retail pricing. Provide suggestions of available strategies to obtain desired GM.

Analyze Independent Retailer supplied private label gap to national brands. Identify cost of goods concerns which ultimately affect the retail and gross profit of the item as it compares to the national brand.
Validate the integrity of the data supplied in and out of Strategic Retail Pricing (SRP) software including pack, unit of measure (UOM), size, Universal Product Code (UPC), costs, Banner Item Authorization (BIA), reports, outputs, tags and retail.

• Implement SRP software which include initial and ongoing training to optimize software performance. Share findings of best practices with team via weekly team meetings.

• Travel Required: No

Environment: Office Temperature (65F to 75F)

Skills:

• General understanding of store operating procedures with regard to pricing procedures and maintenance. Ability to develop, coordinate and implement pricing that is targeted, realistic and effective in meeting Retailer's gross profit objectives. Strong communication and analytical skills. MS Office, with Excel proficiency.

Special Skills:

• Strong computer skills and a working proficiency with retail pricing software

• Years of Experience:
• 2-5 years of experience in retail pricing

Job Type: Full-time

Pay: $60,000.00 - $61,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Referral program
• Tuition reimbursement
• Vision insurance

Schedule:

• Monday to Friday

Ability to commute/relocate:

• Robesonia, PA 19551: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Pricing: 1 year (Preferred)

Work Location: Hybrid remote in Robesonia, PA 19551

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