Retail Pricing Analyst

Pricing Analyst About Us: Target is an iconic brand, a Fortune 50 company and one of America’s leading retailers.Target Merchandising is evolving at an incredible pace. We are constantly reimagining how this $100 billion retailer offers the innovative, guest-inspiring items that Target is known and loved for. Our goal is to deliver exceptional value, quality and style to elevate Target as the premier retailer in a competitive global marketplace. Through intelligent and progressive business strategies that make the most of Target’s resources and partnerships worldwide, merchandising works across product categories to create a localized shopping experience online and in our 1900 stores. Are you a creative problem solver who lovesto see your work translate into real results? Can you collaborate effectively, execute a plan efficiently and positively influence how Target chooses and presents the right product in the right place at the right price? If so, you will have success on one of our dynamic teams. PRIMARY FUNCTION The Pricing Analyst’s core responsibility is to govern and execute retail price adjustments at the enterprise level to ensure execution matched our intended pricing strategy for each category & item. Analysts own the regular operations and performance metrics. They advance the pricing operations performance for Target by building effective and efficient processes that pair with product technology developments to drive ongoing evolving pricing capabilities. PRINCIPAL DUTIES AND RESPONSIBILITIES · Be the single point of contact for pricing operations supporting an assigned business (online & stores) and gain expertise on end to end pyramid and strategy context. This includes regular audits and research of pricing at Target and competitors, reviewing outliers in competitive price changes, and new item setups. · Build category context to pair with rigorous data analysis on the drivers of pricing metrics and performance versus enterprise objectives · Drive, lead and deliver new tasks and innovation projects flawlessly with 100 % accuracy and timeliness · Solve defined problems of high complexity and streamline/redefine processes using structured techniques or automation · Drive stakeholder and organizational awareness to performance metrics by creating and publishing dashboards, performing deep dive analyses to provide insight into effectiveness of pricing strategies and operations. · Effectively manage best practice and team governance for your business/process and provide strategic solutions to key areas across pricing. Create and maintain knowledge documentations, follow operational hygiene (Project management practices, quality assurance & time tracker) · Develop and maintains working relationships with price engineering teams, product owners, support teams, AIM (Six sigma team), item data management teams and all other teams related to pricing operations, to cohesively work towards achieving the business mission and goals · Manage special projects and captainships designed to deliver critical priorities for Target or advance the total team’s performance. · Effectively onboard, train and mentor new hires REPORTING/WORKING RELATIONSHIPS: · Reports to Senior Manager, Everyday Pricing Operations · Key business consultants to enterprise Price & Promotions COE, Merchants, Stores, Technology and other support areas. JOB REQUIREMENTS: 2 to 4 years of experience ( MBA-Retail/Operations management) OR 4 to 5 yrs. experience (Graduate – Business/Commerce/Economics/Science/BE/B Tech) · Advanced knowledge in Microsoft Excel and basic SQL · Analytical, self-starter, curious and thrives on learning new capabilities · Excellent communicator – ability to present to large groups of people, manage cross functional projects and strong organization skills Good to have: · Prior retail/e-commerce experience · Basic knowledge in statistical methodologies and concepts · Six sigma expertise (knowledge of tool and lean principles application) · Project management expertise Experience Level Senior Level