Retail Pricing Analyst

SpartanNash

  • Byron Center, MI
  • Permanent
  • Full-time
  • 16 days ago
At SpartanNash, we deliver the ingredients for a better life through customer-focused innovation. We do this for our supply chain customers and U.S. military commissaries, retail store guests and, most importantly, our Associates. In fact, we see a day when each will say, “I can’t live without them.”Our SpartanNash family of Associates is 20,000 strong, ranging from bakery managers to order selectors; from IT developers to vice presidents of finance; from HR Business Partners to export specialists. Each of them plays an integral role in SpartanNash’s People First culture, Operational Excellence and Insights that Drive Solutions. Ready to contribute to the success of our food solutions company? Apply now!Location: 850 76th Street S.W. - Byron Center, Michigan 49315Job Description:Position Summary:Develop and implement category pricing strategies that achieve category management objectives and overall company financial and market positioning goals. Work cross functionally with Merchandising team to develop pricing strategies to meet category financial targets, maintain pricing positioning, create appropriate rule sets and competitive index targets while improving consumer price image.Here’s what you’ll do:Work cross functionally with Merchandising, OwnBrands, Business Insights, Marketing and Pricing Leadership teams to lead the development of regular and promotional category pricing strategies for all center store categories. Maintain and execute a pricing review schedule based on the merchandising team’s category review schedule, category importance and category contribution. * Price Optimization Software Super User: Schedule, validate and load all competitive price check data for each category optimization. Provide analysis of competitive relationships, current & historic sales data, and cross elasticity relationships within each category.
  • Build multiple category scenarios to validate pricing strategy (regular and promo) execution aligns with category roles and objectives.
  • Develop optimal pricing rule sets and determine competitive index objectives. Present findings and recommendations to CM, upon approval send changes to retail. Develop scenario forecasting to be used for post implementation measurement.
  • Use price optimization software and in-house measurement data to complete post implementation scenario analysis to validate forecasts vs. category objective working closely with CM. Perform scenario analysis on mature category pricing, report results with appropriate recommendations, adjusting as necessary. Develop trend driven reporting metrics on key categories to create and guide future and current pricing strategies.
  • Use pricing tool to forecast the impact to sales, profitability and margin to drive optimal price changes, made on items between category reviews.
  • Provide Support to retail hosting department as directed.
  • Analyzes pricing trends and strategies against sales, profit unit movement, price perception objectives and goals.
  • Participates in strategic planning for the pricing department, which includes setting yearly department and personal goals.
  • The above statements are intended to describe the general nature and levels of work being performed as assigned for this job. This is not intended to be an exhaustive list of all responsibilities, duties, and requirements; additional responsibilities may be assigned as needed.
Here’s what you’ll need:
  • Bachelor's Degree (Required) Business Administration, Economics, Statistics or related field or equivalent combination of education and/or experience required
  • Three years’ experience in business analytics, retail analytics, or related area preferred; grocery experience a plus
  • Ability to function independently
  • Strong analytic skills (data collection, aggregation, and insights generation for decision-making) required
  • Strong excel skills, experience SQL, etc.
  • Understanding of retail pricing strategies
  • Strong communication skills both written and verbal
  • Advanced Computer Skills
Physical Requirements:The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.May be required to lift and/or move 20 pounds. The associate is frequently required to sit/stand/walk. While performing the duties of this position, the associate is subject to a typical office environment and is rarely exposed to outside weather conditions. Temperatures may vary for those subject to any of the following areas: computer/server room, print shop, production area). The noise level in the work environment is usually low to moderate but may be high in distribution settings. Travel requirements vary by assignment.As part of our People First culture, SpartanNash is proud to offer .SpartanNash is an Equal Opportunity Employer that invests in Associate development, recognizes and celebrates success, fosters two-way communication, and promotes a sense of belonging. We are committed to providing equal employment opportunities to all individuals, including those with disabilities and Veterans.We are not able to sponsor work visas for this position.

SpartanNash