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Pricing Analyst
2 months ago
This role will be mainly an analytic support for the Merchandising & Buying Team and should also be able to pivot as a strategic partner in maintaining the current pricing structure. This role is also responsible for coordinating price changes from conception to execution. This role supports with the process & flow for pricing modifications (large & small), in addition to upholding the overall pricing strategy as it relates to each channel of the company. This role also will be relied on to strategize scaling the current structure based on the fundamentals of the luxury market, and the expected business growth. This candidate is expected to be involved as a chief participant as we evolve our proprietary technology as it relates to scaling pricing.
Essential Duties and Responsibilities:
· Chiefly responsible for creating & maintaining complex reporting as it relates to pricing modifications, strategy & other crucial decision-making as it relates to the WGACA price catalogue
· Analyze and report on weekly & monthly metrics, KPIs to provide insights to the Merchandising Team
· Partner with the other Merchandising Analyst to identify underperforming items and recommended repricing
· Assist coordination and execution all repricing & retagging projects in a timely manner in coordination with the Receiving Team
· Assist the Merchandise Analyst with all pricing for luxury products and price changes
Requirements
· Bachelor’s Degree
· Intermediate to advanced level of understanding of the luxury accessories market
· Advanced Excel skill set and understanding of Retail Math
· Self-motivated with demonstrated aptitude for problem solving and creativity