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Analyst Pricing

Company: Food Lion
Location: Salisbury
Posted on: January 26, 2023

Job Description:

Address: USA-NC-Salisbury-2110 Executive Drive
Store Code: FL Pricing SGA (2761264)

At Food Lion, Associates are the most important assets to our organization. We want associates to have meaningful careers full of variety and challenges. Each associate contributes to the overall success of Food Lion, and in return, we strive to provide all associates with a fulfilling work experience and reward performance and commitment. We are committed to the professional development of our associates through on-the-job learning opportunities and training.

Position Summary

Analyst II Pricing will be the subject-matter-expert (SME) for Revionics Base Price Module. Able to understand and execute base and promotional pricing strategies to deliver the overall Food Lion strategy, including achieving margin targets and price indexing goals. As SME, Analyst II will be responsible for training and development of users and staying informed of enhancements to Revionics. Work collaboratively with other brands, including Peapod Digital Labs Revionics support team to ensure the tool is working as designed and delivering expectations. This role will train new and existing Analyst (and others) on Food Lion Pricing strategies, tactics, and guardrails and provide coaching on daily execution of base price and promotional prices.

Principle Duties and Responsibilities

  • Self-development towards subject-matter-expertise (SME) of Revionics Base Price (RBP) module, including but not limited to: expanded knowledge of rules and configurations & implementing efficiencies and enhancements
  • Execute and deliver reporting related to both User and RBP performance
  • Collaborate with Users to improve metrics such as Utilization % and Inside-The-Tool %
  • Conduct retail store walks with new and existing Analysts to review execution of pricing strategy at shelf-edge
  • Teach, train and coach the fundamentals of Base Price, including but not limited to: price architecture (PPG, PLU), interpretation of price optimization, etc.
  • Work collaboratively with Peapod Digital Labs and other GLB's on system enhancements, issue resolution or implementation of new strategies to deliver the Food Lion strategy
  • Become proficient in and leverage other tools, such as PowerBI, Alteryx, Access
  • Work with Category teams to reduce tag expense and associated retail labor through effective base price plans/timing
  • Perform analysis & execute other business processes such as Index Item List Review, Weekly Ad Flyer Review, Store-Specific Milk/Egg/Banana Model, and PromoIQ administration & training
  • Ad hoc activities as directed by Pricing Leadership
  • Demonstrate an ability to implement and analyze retail business using consumer insights and analyzing trends.
  • Demonstrate a personal acceptance of change and the ability to adapt and drive change
  • Active listener with an ability to build trust across varying levels of the organization
  • Proven organizational skills and ability to handle multiple tasks
  • Excellent verbal and written communication skills
  • Ability to work with all levels of management
  • Ability to influence without authority
  • Ability to work as part of a team
  • Accuracy and detail oriented
  • Business Process Improvement skills
  • Ability to thrive in a highly dynamic environment

    Core Competencies
    • Analysis and Insights : ability to identify, access, analyze data and information to develop actionable insights which can serve as the basis for decision making, strategy creation and initiatives/solutions
    • Collaborative Partnerships : Ability to create and foster relationships and gain alignment that enable the development of beneficial solutions
    • Communication and Documentation : ability to communicate across functions, brands and organizations, including formal and informal
    • Omnichannel Expertise: ability to understand and apply knowledge of drivers and insights to develop digital-focused solutions which produce sustainable results instore and online
    • Financial and Business Acumen : ability to understand and apply knowledge of Food Lion, supplier and industry's business financial drivers, practices, concepts and economic predictions to develop ideas/solutions which produce desired results
    • Pricing and Promotion : ability to understand, develop and implement pricing and promotion initiatives, within prescribed guardrails and tactic that support the Food Lion pricing strategy
    • Product, Category, and Industry Knowledge : ability to apply understanding of product specifications, category, supplier and industry dynamics and marketplace trends to deliver desired business results
    • Retail Store Operations : understanding of the retail operational practices, processes and procedures and how our decisions impact pricing and promotional activity within the stores
    • Strategic Business Planning : ability to create, enhance and modify pricing and promotional strategies, tactics and guardrails to support the Food Lion strategy across all channels
    • Systems and Technology : ability to utilize existing systems and tools, leverage new enhancements and technologies and continuously look for ways to improve efficiencies

      Basic Qualifications
      • 3-5 years of Analyst experience in Category Management or Pricing
      • Bachelor's Degree or equivalent combination of education and work-related experience
      • Minimum 5+ years of combined experience in category/merchandising/pricing, retail operations, logistics, supply chain or procurement
      • Mature level of knowledge for company, business, and industry practices
      • Proficient in Microsoft Office including Excel (advanced), Word, PowerPoint, Outlook and Teams
      • Basic understanding and experience within Revionics (or similar pricing optimization software)
      • Proficient in Microsoft Office including Excel, PowerPoint, Word, and Outlook

        Preferred Qualifications
        • Master of Business Administration Degree (MBA)
        • Prior experience in Category Management or related functions
        • Knowledge of Revionics, MicroStrategy (DSS), SEGA, PowerBI, Alteryx, MS Sharepoint
          • 8-12%, primarily visiting retail store operations and competition

            Food Lion provides equal employment opportunities to all associates and applicants for employment without regard to race, color, religion, sex (including pregnancy, childbirth and related conditions) national origin, age, disability, sexual orientation, veteran status, gender identity or gender expression or any other characteristic protected by law.

            If you have a disability and require assistance in the application process, please contact our Recruiting Department at [email protected]

            Job Requisition: 281230_external_USA-NC-Salisbury

Keywords: Food Lion, Charlotte , Analyst Pricing, Professions , Salisbury, North Carolina

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