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Pricing Analyst

Meijer (pharmacy/other)

Grand Rapids, MI · HybridFull-timePosted 2 days agoStill listed 1 day ago

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At a glance

Compensation
No compensation found
Location
Grand Rapids, MIHybrid
Schedule
Full-time
Work Authorization
Not specified

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Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

The Pricing Analyst I applies corporate pricing strategies and analytics to assigned categories to optimize price position, sales, margin, and share. The role evaluates pricing and promotional effectiveness, models proposed changes, and communicates insights to merchandising and other business partners. It also develops scorecards and presentations and advises on pricing system enhancements and lifecycle pricing processes.

Skills & qualifications

RequiredNice to have

Skills

Analytical TechniquesQuantitative TechniquesStatistical TechniquesData AnalysisAdvanced ExcelSQLPower BICommunicationOrganizational SkillsPlanningTime ManagementWork EthicMicrosoft ApplicationsOffice Computer SkillsLearning Company Systems

Qualifications

Bachelor's DegreeStatistics or Related2 Years Retail, Analysis, or Pricing Experience

Benefits

Parental Leave
Tuition Assistance

Full 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

Please review the job profile below and apply today!

The Analyst-I position is an experienced position on the Pricing team. This role is responsible for applying corporate price strategies and analytics for a specific group of categories in order to optimize Meijer’s price position, sales, margin, and share. The analyst I position will incorporate various data sources and analytical techniques to execute price changes, assess the effectiveness of current price strategies, and drive business results.

What You'll be Doing:

  • Responsible for ensuring that Meijer pricing strategies are executed consistently and in alignment with product and promotional strategies as well as Federal, State and Local regulations for a group of assigned categories.

  • Evaluate the effectiveness of current pricing and promotional strategies looking at competitors’ pricing strategies, market/customer trends, and company performance.

  • Partner with merchandising leaders to refine category pricing strategies that support individual category targets; model proposed changes to forecast the impact on sales, margin, and customer metrics.

  • Ensure timely & actionable scorecards are published to all relevant internal partners to drive business growth and pricing effectiveness.

  • Effectively communicate pricing and promotional trends and supporting analytics to pricing, merchandising, and marketing leadership.

  • Serve as subject matter expert advising the development and implementation of pricing system enhancements and processes that will govern lifecycle pricing management.

  • Apply category analytical tools that encompass pricing data, consumer trends, customer segmentation, loyalty, and competitor insights.

  • Use fact based analytics and reporting that are necessary to strengthen pricing recommendations that drive bottom line results.

  • Educate and influence business partners to improve understanding and reliance on advanced analytics in making pricing decisions .

  • Develop pricing strategy presentations, category reviews, and communicate them to merchandising leadership.

  • 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 required; Statistics, Economics, Mathematics, Finance or relevant field of study preferred.

  • 2 years of experience in retail, analysis, and/or pricing preferred.

  • Proficient in a wide range of analytical, quantitative, and statistical techniques and tools to derive insights from large, complex data environments.

  • Exceptional ability to extract strategic insights from large data sets.

  • Advanced Excel skills required.

  • Analytical and reporting skills preferred (e.g. SQL, PowerBI).

  • Excellent communication skills: listening, verbal and written.

  • Strong organizational, planning, and time management skills.

  • Strong work ethic complemented with a positive, can-do attitude.

  • Office computer skills required; preference for Microsoft application experience.

  • Ability to learn company systems and tools.

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