Pricing Analyst-4

Role overview

Pricing Analyst-4 at Target

Required qualifications

• 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

Preferred qualifications and skills

• 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

Employment details

• Location: Bangalore [India]

About the employer

• 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