Enterprise Pricing Analyst (HYBRID)
Ace Hardware CorporationAbout the role
The Job
The Enterprise Pricing Analyst will leverage strategic frameworks, competitive research and business data to help develop and drive continued adoption of Enterprise Pricing strategies across the business. Provide analytical, process and systems support to merchandising teams to enable strategic management of enterprise pricing and profitability, from purchase price through end consumer retail.
What you’ll do:
Retail Pricing & Profitability Strategy, Analysis & Insights:
- Set and maintain Ace Hardware’s everyday retail price recommendations for assigned categories including current and new SKUs
- Monitor and react to cost and competitive changes and pro-actively develop pricing opportunities to drive retailer profitability. (Work may include excel based analysis or pricing management software)
- Analyze and communicate sales and margin impact of retail pricing and/or cost changes to merchant team
Wholesale Pricing & Profitability Strategy, Analysis & Insights:
- Conduct Ad-Hoc Analysis to Support Definition and Refinement of Wholesale Pricing Strategy
- Partner with Merchants to Analyze Pricing Simulations (mass valid reports and/or custom) & Develop Recommendations
- Manage Wholesale Competitive Strategy, Analysis & Insights
Pricing Maintenance Simplification, Maintenance & Support:
- Partner with Traffic and Merchants to execute cost changes and ensure freight Rates are updated and incorporated into pricing (Cost change portal).
- Investigate / troubleshoot and correct SKU purchase price and/or retailer cost issues in SAP including root cause analysis and process improvements to prevent in future
- Work collaboratively within the retail pricing team to share best practices and learnings with teammates
- Maintains daily dashboards/exception reports including but not limited to $0 Retails, Low Margin SKU Report, MAP pricing, Vendor Change Dashboard
- Executes additional ad hoc tasks in SAP- Reduced Handling, Patronage Code and Flag
Store Retail Pricing Support:
- Review store inquiries related to retail pricing and provided resolution
- Maintain tracking of issues through resolution
- Ensure issues are resolved within the SLA timeframe
Contribute in the Category Review Process as Assigned:
- Work collaboratively with Category Management and Merchandising to ensure common understanding of the category strategy
- Analyze pricing of the assortment incorporating the category strategy and present how it translates to an overall pricing strategy
What you will need:
Knowledge, Experience, and Competencies:
Experience and Technical Requirements:
- Bachelor’s Degree in Business, Finance, Engineering, or related field
- 3+ years analytical experience in Retail, CPG or Management Consulting industries
- Prior experience with SAP Cost/Price Management systems preferred
- Prior retail and/ customer service experience preferred
- Strong analytical and structured problem-solving skills
- Ability to analyze, evaluate and interpret complex data
- Ability to communicate effectively verbally and written to various levels of corporate and retail management (e.g., manager through VP and store associate through owner)
- Highly creative, flexible and adaptable with good follow-through
- Proficient in Microsoft Office applications (e.g., Outlook, Excel, PowerPoint, Word)
- Experience with analytical and visualization tools such as Alteryx or Power BI preferred
Compensation Details:
$74700- $93600 per year
Why should you join our team?
We live our values - W.E.L.I.G.H.T (Winning, Excellence, Love, Integrity, Gratitude, Humility, and Teamwork). Gratitude. Humility. Love. You don’t often see values like these in most corporate statements, but Ace is different. These things are important to us. They represent our commitment to the company, our employees, to Ace retailers and to the Ace brand.
In addition to providing our employees a great culture, Ace also offers competitive benefits* that address life’s necessities and perks, many of which expand and improve year after year, including:
- Incentive opportunities, based on role/grade level (rapid company growth over the past 5 years resulted in incentives being paid out at an average of 122% of your target opportunity!)
- Generous 401(k) retirement savings plan with a fully vested matching contribution the first year in addition to quarterly contributions and annual discretionary contribution (once eligibility requirements have been met). Over the past 5 years, company contributions (matching, quarterly & di
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