Pricing Manager

Meijer Inc.

Gaylord (MI)

On-site

USD 110,000 - 150,000

Full time

4 days ago
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Benefits offered by this job

Meijer Rewards Weekly pay
Scheduling flexibility
Paid parental leave
Paid education assistance
Team member discount
Development programs for advancement

Job summary

Meijer Inc. in Michigan seeks a Pricing Manager to lead lifecycle pricing strategies, manage pricing systems, and collaborate with Merchandising leaders to drive growth. You will mentor Analysts, ensuring guardrails and timely reporting to leadership.

You will utilize SAS, SQL, Nielsen data, and other tools to develop national and own-brand pricing strategies that maximize sales and margin while aligning with Meijer's branding.

Qualifications

  • Bachelor's degree in Statistics, Economics, or related field; master’s preferred.
  • 5+ years pricing or analytics in retail.
  • Strong analytical, quantitative, and statistical skills.
  • Experience with SAS, SPSS, Stata, Nielsen, SQL and BI tools.
  • Proficient in Revionics, DemandTec, and advanced Excel.

Responsibilities

  • Lead lifecycle pricing strategies and pricing governance.
  • Partner with Merchandising GVPs/VPs, DMMs and Buyers on pricing.
  • Mentor Pricing Analysts and set stretch goals.
  • Influence decisions using data from Nielsen, pricing tools and guardrails.
  • Develop strategies for national and own-brand programs.
  • Publish scorecards and reports to internal partners.

Skills

Pricing analytics
Leadership
Strategic thinking
Communication
Excel advanced
Data interpretation

Education

Bachelor's in Statistics/Math/Economics
Master's degree preferred

Tools

SAS
SPSS
Stata
Nielsen
MicroStrategy
SQL
Revionics
DemandTec
Excel

Job description

As a family company, we serve people and communities. When you work at Meijer, you’re provided with career and community opportunities centered around leadership, personal growth and development. Consider joining our family – take care of your career and your community!

  • Meijer Rewards Weekly pay
  • Scheduling flexibility
  • Paid parental leave
  • Paid education assistance
  • Team member discount
  • Development programs for advancement and career growth
What You'll be Doing:
  • Responsible for leading and overseeing all corporate life cycle pricing strategies, price management systems, rules, standards, and guidelines. An integral part of this role is to establish a business partnership with all Merchandising GVPs/VPs, DMMs and Buyers to develop and refine pricing strategies that support individual category strategies. Responsible for ensuring that pricing strategies are executed consistently and in alignment with product and promotional strategies. As a result strong influencing skills are important to ensure strategies and guardrails maintained. Responsibility of leading and mentoring a team of Pricing Analysts, providing stretch goals to aid in the team’s growth & development, and ensuring accountability.
  • Building relationships with other Business Units to achieve financial goals: Foster a partnership with Merchandising stakeholders to support the development of key pricing strategies and tactics that deliver financial objectives and ROI.
  • Strongly influence business decisions based on analyses gleaned from available pricing & research tools (e.g. Nielsen, Consumer Insights, Competitive Pricing Data, etc.) as well as on Meijer pricing and promotion guardrails.
  • Provide solutions to support Merchandising and Pricing initiatives with an eye on protecting and/or improving customer price perception, growing market share, and attaining financial goals.
  • Strategy & Analysis: Develop pricing strategies for both national brand and own brand programs to deliver optimum sales growth and profit while ensuring they align with overall Meijer branding and pricing strategies. Model the impact of proposed price strategies in terms of sales, margin, and share. Assess new and existing markets to identify areas of opportunities and develop recommendations.
  • Collaborate with other Pricing Managers to establish a competitive price check schedule.
  • Ensure that Meijer lifecycle pricing strategies are implemented and maintained.
  • Develop guardrails that will ensure legal compliance both in-store & backstage.
  • Define data, reporting and system enhancements that will govern lifecycle pricing recommendations and price management system related projects.
  • Communication: Ensure timely & actionable scorecards/ad hoc reports are published to all relevant internal partners.
  • Develop & present pricing strategy information to Senior Leadership.
  • Communicate pricing trends and insights to business partners, articulate impacts to Meijer’s current strategy and recommend solutions.
  • Leadership: Mentor and provide direction to direct reports.
  • Drive accountability within the team to seek out strategic opportunities to maximize sales, market share and margin.
  • This job profile is not meant to be all inclusive of the responsibilities of this position; may perform other duties as assigned or required.
What You Bring with You (Qualifications):
  • Bachelor’s Degree in Statistics, Mathematics, Economics, or equivalent experience required.
  • Master’s Degree preferred.
  • 5+ years of pricing or analytical experience in retail.
  • Proficient in a wide range of analytical, quantitative, and statistical techniques and tools to derive insights from large, complex data environments.
  • Experience with statistical analysis software packages (e.g. SAS, SPSS, Stata).
  • Experience with insights, research and reporting tools (e.g. Nielsen, Microstrategy, SQL).
  • Experience with price management tools (e.g. Revionics, DemandTec).
  • Excellent communication skills: listening, verbal and written.
  • Strong organizational, planning, and time management skills.
  • Strong work ethic complemented with a positive, can-do attitude.
  • Prior leadership/management experience preferred.
  • Ability to mentor and lead a team of analysts.
  • Office computer skills required; preference for Microsoft application experience.
  • Advanced Excel skills required.
  • Ability to learn company systems and tools.

We opened our doors more than 90 years ago with the goal of helping people provide for themselves and their family. Today we’re a multi-billion dollar retailer with more than 70,000 employees across six states. Our Midwest geography includes corporate offices in Grand Rapids, Michigan, plus manufacturing facilities, distribution centers and over 270 stores across Michigan, Illinois, Indiana, Kentucky, Ohio and Wisconsin.

Meijer is an Equal Opportunity Employer, fostering a diverse and inclusive workplace. We are committed to treating all persons with dignity and respect. Meijer's policy is to not discriminate because of any applicant or team member's race, color, national origin, sex, sexual orientation, gender identity or expression, pregnancy, religion, age, physical or mental disability, uniformed service or veteran status, or any other lawfully-protected classification.

Submissions that are not seeking help to complete the application due to a disability will not be responded to.

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