Sr Analyst Everyday Pricing Insights - Food & Bev

job
  • Target
Job Summary
Location
Minneapolis ,MN 55400
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
11 Dec 2024
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Job Description

The pay range is $69,000.00 - $124,200.00nnPay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at .nnAbout Us:nnWorking at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here ( .nnTarget Merchandising is evolving at an incredible pace. We are a rapidly growing $100 billion retailer offering innovative, guest-inspiring assortments and advancing our capabilities to do this for decades to come. We deliver exceptional value, quality and style that elevates Target as the premier retailer in a competitive marketplace.nnAre you a creative data-driven problem-solver? Do you want to see your insights come to life through results? Can you collaborate, 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.nnAs an Everyday Pricing Sr. Insights Analyst in Target’s Pricing & Promotions Center of Excellence, you play an integral role working beside buyers, planners, and promotional planning teams. You will own the pricing decisions for a set of categories and develop pricing insights by assessing competitive, financial and guest data relating to our pricing performance. You will activate against these insights with a broad set of partners including our Pricing Strategy teams, Global Pricing Operations, Data Sciences, and Product teams, across the Pricing & Promotions COE, in addition to partnering with core Merchandising teams. You will bring these insights to life in the following ways:nnOwn pricing decisions and investment opportunities for a set of categories within Food & Beverage.nnRegularly review your category’s price position in the marketplace with buyers, planners, and promo planning teams.nnWeekly assessment and response to changes in the competitive and business environments to ensure that Target maintains strong everyday price position.nnMarket intelligence summaries of strategic pricing changes implemented by key competitorsnnMaintain a Pricing Playbook for each division, key seasons, and bring data-driven recommendations that improve our future price position and/or financial results.nnDelivery of objectives tied to captainships which improve the performance of the global Everyday Pricing and Competitive Retail Intelligence teamsnnLead weekly competitive promo and pricing routines for top sales driving items in key seasons.nnTo achieve these goals, you will engage in several activities including, but not limited to:nnInfluence pricing outcomes by building strong, trusted relationships with merchants, strategy & planning teams, pricing product teams, and operations on a global scalennDeveloping and prioritizing action plans to improve KPI metrics via a blend of short-term countermeasures and long-term solutionsnnUsing domain expertise to determine the most effective data sources to improve pricing performance, inclusive of multiple internal reporting tools, 3rd party insights platforms, or acquisition of data through field studiesnnUsing economic and pricing strategies to improve gross margin performance and price perceptionnnCreating compelling problem statements and business cases to support and advance our pricing strategynnAssessing and balancing stakeholder interests in managing price competitiveness vs gross marginnnProviding subject matter expertise on pricing capabilitiesnnMinimum requirements:nn4-year degree or equivalent work experiencenn2-5 years of professional work experiencennDemonstrated peer leadership and decision-making skillsnnAbility to influence others through data and insightsnnStrong interpersonal skills and ability to maximize relationshipsnnStrategic orientation and comfort with ambiguitynnStrong data analysis skillsnnAbility to manipulate data in ExcelnnStrong financial acumennnSelf-starter, ability to work independentlynnDesired Requirements:nnUnderstanding of Merchandising Product Lifecycle or prior experience on a merchandising teamnnMicroeconomic and Pricing concepts in theory and applicationnnThis position will operate as a Hybrid/Flex for Your Day work arrangement based on Target’s needs. A Hybrid/Flex for Your Day work arrangement means the team member’s core role will need to be performed both onsite at the Headquarter location the role is assigned to and virtually, depending upon what your role, team and tasks require for that day. Work duties cannot bennperformed outside of the country of the primary work location, unless otherwise prescribed by Target.nnAmericans with Disabilities Act (ADA)nnIn compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to

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