Everyday Pricing Senior Manager - Discretionary Categories

Employer
Target
Location
Minneapolis, Minnesota
Posted
Jul 20, 2021
Closes
Aug 04, 2021
Employment Status
Full Time
Description:
Everyday Pricing Senior Manager - Discretionary Categories

As a Senior Manager on the Everyday Pricing team, you will develop and lead strategies to deliver consistent and competitive pricing and strategic pricing insights across Beauty & Cosmetics, Home, Hardlines, and Apparel & Accessories. You will work alongside peers across multiple disciplines, including a robust strategy team, global operations and competitive retail intelligence team. This requires collaboration and building shared goals across Buying, Planning, Data Sciences, and Technology. This role will have regular SVP-level interactions, managerial responsibility over pricing for our Ulta@Target experience, and a hand in creating the future of pricing strategies for the discretionary businesses at Target.

You will bring these insights to life in the following ways:
  • Set goals that continually raise the bar for Target's price perception and financial success in each merchandising business unit. Monitor results and communicate to stakeholders on necessary actions to achieve goals.
  • Represent Pricing in key company strategies, including major seasonal promotional events, and strategic initiatives such as the upcoming Ulta@Target experience.
  • Complete robust financial modeling and provide outcome scenarios for large strategic pricing changes
  • Create and ensure adherence to scalable and repeatable best practices to support the development of pricing insights for each merchandising business unit.
  • Measure quality and timeliness of the insights delivered by pricing analysts to ensure that the right insights are delivered consistently and at the right time to positively impact the business.
  • Drive continuous improvement of pricing insights processes
  • Lead projects that span a global team of pricing operations analysts, competitive retail intelligence, product teams, and PPCOE Strategy & Planning teams.
  • Lead, coach, and develop a team of high performing, engaged, diverse Insights Activation Analysts


To achieve these outcomes, your role will need to engage in the following activities:
  • Report and develop weekly action plans on KPI results and on drivers of variance
  • Analyze root cause using both internal and external reporting tools.
  • Creating compelling problem statements and business cases to support our enterprise pricing strategy
  • Using economic and pricing strategies to improve gross margin performance and price perception
  • Aggressively prioritize the efforts of insights and operations pricing teams to ensure the opportunities with the highest potential are always making progress.
  • Maintain daily interaction with global Pricing Operations Managers, Analysts, and Specialists
  • Build strong, trusted relationships through regular collaboration with technology teams, including product owners, engineers, and EDABI analytics teams
  • Build strong, trusted relationships through regular collaboration with Promo Planning leaders, DMMs, and Divisional Planning leaders.


Minimum requirements:
  • 4-year degree or equivalent work experience
  • 6+ years of previous Merchandising, Inventory Management or business experience
  • Strong financial acumen for retail or cost accounting metrics
  • Ability to manipulate large data sets in Excel, SSAS financial data manipulation
  • Demonstrated leadership and decision-making skills
  • Ability to influence others through the use of data and insights
  • Strong interpersonal skills and ability to maximize relationships
  • Strategic orientation and comfortable with ambiguity


Desired Requirements:
  • MBA
  • 8-10 years of professional, relevant work experience
  • Experience in style-based, discretionary pricing
  • Knowledge of lean concepts: Problem Solving, PDCA cycle, and hypothesis testing
  • Previous experiences: Finance, leading a team, project management, merchandising/buying/planning.


Americans with Disabilities Act (ADA)

Target will provide reasonable accommodations (such as a qualified sign language interpreter or other personal assistance) with the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please visit your nearest Target store or Distribution Center or reach out to Guest Services at 1-800-440-0680 for additional information.

Qualifications:

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