Hybrid Pricing & Analytics Analyst II

Hannaford; Scarborough (ME); Hybrid; USD 63,000 - 95,000; Full time

Job summary

Hannaford is seeking a Pricing Analyst in Scarborough, ME to establish base and promotional pricing for a category group. You will use price-optimization tools, review vendor offers, and forecast financial impact to meet sales and margin targets.

The role requires strong analytical skills, 3–5 years experience, and a Bachelor's degree. The position offers a hybrid schedule with three days per week in the Scarborough Home Office, and collaboration with CMP teams to drive pricing strategy and

Qualifications

• 3-5 years professional experience.
• Strong analytical experience and ability to derive insights from data.
• Bachelor's Degree or equivalent combination of education and related work experience.
• Proficient in Microsoft Office programs.

Responsibilities

• Establish base and promotional pricing for a specific category grouping to meet sales, margin, and unit targets.
• Review and approve retail price recommendations from the Markdown team.
• Calculate financial impact to categories and incorporate into the forecast.
• Monitor pricing plan performance and adjust as needed to achieve key metrics.
• Collaborate with CMP to master Revionics pricing software and leverage its value.
• Identify and fix data errors within product hierarchies affecting banner pricing strategy.

Skills

Analytical skills

Education

Bachelor's degree or equivalent

Tools

Microsoft Office

Job description

Category/Area of Expertise: Merchandising
Job Requisition: 558064
Address: USA-ME-Scarborough-145 Pleasant Hill Rd
Store Code: HAN Ctr Str Category 2 COS (2762595)

Hannaford Supermarkets started out as a fresh produce vendor in Portland, Maine way back in 1883, and is still connected to those early roots as a local market. Hannaford actively seeks out farmers and producers to join our Local program which celebrates not only local foods, but the preservation of farmland, local traditions and local jobs. The connection we have to the source of our fresh foods is core to the way we do business, becoming the first major supermarket in the United States to document that all its seafood products were sustainably harvested.

Hannaford offers a flexible work environment, with a hybrid work expectation for Home Office based positions of being physically present at the Scarborough, ME Home Office a minimum of three (3) days a week. This expectation serves to nourish our culture, showcase care through flexibility, and strengthen our partnerships.

Position Summary:

Responsible for establishing the base and promotional prices for a specific grouping of categories. Work with the Category team utilizing the price optimization software to evaluate special vendor offers. Perform scenario planning to arrive at the most effective cost and price. Analyze category level trends and adjust pricing plans to achieve financial targets.

Primary Duties and Responsibilities:

• Establish base and promotional pricing for a specific grouping of categories that deliver the banner strategy at the shelf and achieve the assigned targets for sales, margin, and units.
• Review and approve the retail price recommendations of the Markdown team.
• Calculate the financial impact to the categories and incorporate into the forecast.
• Monitor the performance of the base and promotional pricing plan.
• Adjust pricing as necessary to deliver the key financial metrics.
• Collaborate with other teams within the Category, Merchandising, and Pricing (CMP) organization to master the Revionics pricing software and leverage the full value of the tool.
• Detect, research and correct data errors within the product hierarchy that limit the value associated with the banner pricing strategy.
• Analyze competitive data, cost, and strategy to diagnose and resolve pricing issues and queries from retail, vendors, or management.
• Develop and present different pricing scenarios to Category, Merchandising, and Pricing (CMP) leadership that address:
  • Seasonal pricing plans
  • Evaluate vendor offers to determine the cost and retail to deliver the optimal profitability for the banner.
  • How best to address any banner wide margin gap exercises?
  • The impact of cost changes on lead item selection and category profitability.
• May be responsible for supervising Pricing Assistant (Fresh Only).
• Participate in and contribute to project teams as needed.

Qualifications and Experience:

• 3-5 years professional experience
• Strong analytical experience
• Bachelor's Degree or equivalent combination of education and related work experience
• Proficient in Microsoft Programs

Preferred:

• Price optimization system experience
• Experience in Category Management, Demand Management, or Analytics

Skills and Abilities:

• Ability to analyze data and provide insights from the data.
• Articulate data insights.
• Create cross-functional relationships.
• Ability to work individually as well as part of a team.
• Ability to manage day to day activities for identified responsibilities.

Competency

Level Description

Analytics & Insights

Developing actionable insights based on an analysis of information and research, which can serve as the basis for decision making, strategy creation and initiatives/solutions.

Collaborative Partnerships

Ability to create internal and external cross-functional relationships that enable the development of beneficial solutions.

eCommerce Acumen

Ability to understand and apply knowledge of eCommerce drivers and insights, partnering with PDL, to develop digital focused solutions which produce sustainable results.

Financial & Business Acumen

Ability to understand and apply knowledge of Hannaford and supplier business financial drivers, practices, and concepts to develop ideas/solutions which produce desired sustainable results.

In-Store & Digital Shelf Management & Merchandising

Ability to understand, create, and implement consistent in-store and digital merchandising and shelf management initiatives, utilizing related tools to support Hannaford's strategies and direction.

Internal & External Communication & Documentation

Ability to communicate with internal partners and external suppliers across functions; Communication may be oral or written including formal presentations and required documentation

Negotiation

Ability to gain alignment between internal and external parties, while achieving positive business results

Pricing & Promotion

Ability to understand, develop, and implement pricing and promotion initiatives that support the Hannaford pricing strategy.

Product Development & Assortment

Ability to develop and/or implement product development and assortment initiatives across all retail formats (On-Line & In-Store) to drive desired business results.

Strategic Business Planning

Ability to develop and implement comprehensive Category Leadership Solutions, including facilitating tactics and plans that deliver Hannaford's strategy.

Supply Chain

Ability to understand, apply and integrate knowledge of Hannaford supply chain capabilities, policies, and industry trends to optimize performance.

System & Technology

Knowledge and utilization of systems and tools to enable execution of strategies and objectives.

The salary range for this position is $63,440-$95,160/yr.

The statements contained herein reflect general details as necessary to describe the principal functions for this job, the level of knowledge and skill typically required, and the scope of responsibility, but should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise to balance the workload.

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