Grimes, IA, 50111, USA
5 days ago
Retail Pricing Analyst
At Hy-Vee our people are our strength. We promise “a helpful smile in every aisle” and those smiles can only come from a workforce that is fully engaged and committed to supporting our customers and each other. Job Description: Job Title: Retail Pricing Analyst FLSA: Exempt Department: Information Technology Revision Date: 10/2024 General Function: The Retail Pricing Analyst is responsible for the implementation of pricing strategies that successfully optimize sales and profitability across the geographic and competitive landscape of the company. Creates and enhances the structure for maintaining competitive advantage while achieving company targets and increasing market penetration on key items and product lines. Increases business acumen through simplifying and streamlining pricing decisions while promoting ownership and maintaining company culture and autonomy. Maintains pricing Master Data and configuration in accordance with company pricing initiatives. Core Competencies: + Partnerships + Growth mindset + Results oriented + Customer focused + Professionalism Reporting Relations: Accountable and Reports to: Regional Vice President Direct Reports: None Primary Duties and Responsibilities: + Create, define and implement the overall pricing strategy for the company in collaboration with company leadership + Implement key pricing initiatives aligned with company growth and profitability goals + Review and analyze key metrics, including optimization of sales, turns and profitability + Evaluate external competitive pricing and offering analysis + Perform analysis on business categories to find solutions and drive improvement in low-performing areas + Collaborate closely with company leadership and department owners to develop new pricing strategies and initiatives + Develop key performance indicators and related metrics to drive the execution of the overall pricing strategy + Analyze and establish opportunities for improving results across regions and categories + Review market and customer data to develop competitive insights + Implement and maintain all aspects (strategy, processes, systems, reporting and people) surrounding company pricing and analytics, and related reporting and metrics + Ensure adherence to company goals and initiatives + Understand current market and industry conditions and develop regional and company improvement strategies + Assist in the development of processes to streamline pricing and enhance results + Collaborate with retail management and connected systems to deliver financial outcomes and operational objectives + Establish & set parameters for successful advancement and completion of company objectives + Completes ongoing training and education as necessary Education and Experience: + 5+ years of experience in retail pricing + Demonstrated high level of financial literacy & experience with profit & loss statements + Ability to think critically, implement effective solutions and lead a team + Experience managing pricing processes Knowledge, Skills, Abilities and Worker Characteristics: + Must be comfortable presenting & training pricing methodologies + Demonstrated in-depth knowledge of pricing + Proven ability to make improvements to sales and profitability through category management and pricing + Adept at planning, organizing and analyzing financial information + Capacity to manage multiple priorities simultaneously + Proficient in problem solving and innovation + Proven ability to consistently meet or exceed company expectations for results + High attention to detail + Excellent verbal and written communication skills + Commitment to the Hy-Vee Mission and a willingness to promote the values of the company. Working Conditions: The duties for this position are performed in a general office setting. There is weekly pressure to meet deadlines and handle multiple tasks in a day. Financial Responsibility: None Equipment Used to Perform Job: Laptop and desktop computer, telephone, copier, Fax, printer, PC with Microsoft Office programs and other software relevant to specific position. Confidentiality: Has access to confidential information. Are you ready to smile, apply today.
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