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Retail Strategy Specialist
3 months ago
Job Summary:
Job Title:
Retail Strategy Specialist
FLSA Status:
Salaried
Reports To:
Business Analytics Manager
The Retail Strategy Specialist supports the day-to-day implementation and execution of strategic pricing programs for seasonal assortments, vendor sponsored deal programs and every-day price positioning to drive market share and achieve financial targets.
The Specialist applies business rules and strategic pricing methods across the corporate assortment that requires close collaboration with Buying Teams in order to balance non-promotional activity with planned multi-channel promotions.
The Specialist may also assist with report development, compliance monitoring and developing standard work processes. The Specialist is part of a growing team of individuals with a continuous improvement and data-driven mind-set.Job Description:
ESSENTIAL DUTIES AND RESPONSIBILITIES
Analyzes and sets pricing for vendor and distributor funded deal programs and routine cost changes while considering merchandising strategies by business segment, the competitive environment & financial objectives.
Executes a comprehensive cyclical pricing review process that accounts for item size and private label versus national brand relationships along with the strategic role of individual categories and their associated product mix.
Ensures data integrity is maintained at a very high standard and initiates corrective actions to fix issues and assist with coaching internal personnel.
Identifies pricing opportunities and presents findings and recommendations to key stakeholders.
Assists with creating and maintaining Standard Operating Procedures for areas of responsibility to ensure execution compliance, process consistency and sustainability.
Other duties as assigned
PROFESSIONAL SKILLS AND EDUCATION
Strong analytic ability, problem solving skills and business acumen
Highly functional in MS Office with a strong emphasis in Excel
Demonstrated ability to deliver results through indirect leadership
Skilled at initiating and facilitating communication with key stakeholders
Bachelor's degree or 3 years related work experience preferred
PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands and work environment described below are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Professional presence and proper phone and e-mail etiquette is required
Sitting/standing at a desk/computer 75% of the time
The position requires fine finger and broad manual dexterity
WORK SCHEDULE
The Retail Strategy Specialist position is a salaried, full-time position.
At Festival Foods we are committed to providing an environment of mutual respect where equal employment opportunities are available to all.
We are dedicated to building a top-notch team of skilled, experienced and service-oriented associates who represent a variety of backgrounds, perspectives, and talents.
Festival Foods believes that diversity and inclusion among our teammates, products, and our community strengthen our ability to serve our guests, as we seek to recruit, develop and retain the most talented people.
