Pricing Manager
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About the role
The Pricing Manager develops and executes merchandising strategies that drive revenue, increase inventory turnover, and enhance the overall shopping experience. This role sits at the intersection of buying, inventory management, and in-store marketing, requiring collaboration with vendors, store operations, and corporate leadership.
Responsibilities
Assortment Management
- Develop and implement assortment & pricing strategies to achieve sales and margin targets.
-Collaborate with suppliers to manage SKU performance activities.Trade Management
-Develop and implement trade marketing strategies to achieve sales and margin targets.
-Coordinate with suppliers to execute marketing plans, promotions, and/or initiatives.
-Analyze sales data and market trends to optimize marketing strategies.
-Monitor sales performance, track KPIs, and optimize promotional activities.
-Manage trade marketing budget and ensure cost-effective spending.Margins Management
-Develop and implement margin strategies to achieve sales and margin targets.
-Conduct regular business reviews with assigned suppliers about the partnership, scorecard and SKU performance.Monitor Trends - Stay ahead of shifts in consumer behavior (e.g., growing demand for organic, plant-based, or locally sourced products).
Competitive Pricing: Establish retail pricing strategies that maintain a competitive edge while protecting profit margins.
Data Analysis: Review sales data and margin reports to assess promotion performance.
What we're looking for
At least 5 years of experience in pricing, sales analysis, and strategy, preferably in the grocery, supermarket, and retail industries.
Strong analytical and data-driven and analytical skills, with the ability to interpret complex data and draw actionable insights
Excellent communication and presentation skills to effectively collaborate with cross-functional teams and present recommendations to senior leadership
Thorough understanding of pricing strategies, market dynamics, and competitive analysis
Excellent negotiation skills, and ability to negotiate with suppliers, vendors, and business partners.
Ability to work in a fast-paced, dynamic environment and adapt to changing business needs
What we offer
Competitive Salary
30 Paid Leaves
HMO and Insurance Coverage
Flexible Work Schedule
Hybrid Work Set-up
Excellent Work Environment
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