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Lowe's.

Lead Pricing Analyst

Lowe's. - Mooresville, NC

Job Description:

The primary purpose of this role is to support Lowe's with advanced pricing strategies for an enterprise wide and industry view, scenario modeling and life-cycle pricing insights & recommendations. This includes responsibility for routine monitoring & reporting, weekly tracking, gathering data, and providing Merchants with pricing insights and recommendations. Provides enterprise and industry market trends along with insights and recommendations for Lowe's to remain competitive in the market. This role ensures that Lowe's remains competitive in its pricing and designs pricing process best practices.

RESPONSIBILITY STATEMENTS

• Communicates with key stakeholders across the organization to help gather cross-functional data used to present a holistic view over competitive market trends

• Manipulates sales transaction data from various sources and performs complex analysis to recommend pricing strategies and corrective actions if needed

• Identifies data patterns and trends to makes connections and inferences across different sets of data

• Implements new competitive analytics to find efficient ways of leveraging transactional data that supports the development

• Defines pricing methodologies, metrics, pricing process best practices, and calculations used to perform complex analysis of sales transaction data

• Supports (Senior) Pricing Strategy Analysts in providing complex insights and recommendations to Merchants

• Creates and delivers presentations that effectively communicate insights and recommendations to senior leadership

• Enhances pricing through pricing models and executes pricing strategies to combat margin erosion and enhance margin and sales dollars

• Defines, develops, and implements pricing strategy rules using pricing tools and product pricing families, to create accurate patch recommendations

• Performs complex ad-hoc reporting analysis as needed

• Mentors and assists other pricing analyst to ensure industry best practices are adhered to

• Provides guidance to ensure hypotheses testing are conducted appropriately and according to specifications; responsible for escalating any information that could significantly impact strategy

• Decides how to best utilize internal and third-party pricing optimization tools to extract the most value for P&P analyses to ensure Lowe's is competitive

• Confirms test design is valid and supports hypotheses by monitoring progress throughout the experiment’s deployment and execution phases

of pricing strategies, promotional activities, and benchmark pricing

REQUIRED EDUCATION/EXPERIENCE

• Bachelor's Degree in Finance or related field and 4 years experience in Pricing, Data Analytics, Merchandising, Finance or related field

Or

• H.S. Diploma and 7 years experience in Pricing, Data Analytics, Merchandising, Finance or related field

PREFERRED EXPERIENCE/EDUCATION:

• Experience using retail pricing tools

• Experience in the Home Improvement industry

About Lowe’s

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE ® 50 home improvement company serving more than 17 million customers a week in the United States , Canada and Mexico . With fiscal year 2016 sales of $65.0 billion , Lowe’s and its related businesses operate or service more than 2,375 home improvement and hardware stores and employ over 290,000 employees. Founded in 1946 and based in Mooresville, N.C. , Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects. For more information, visit Lowes.com .

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Job ID: 1296750BR

Line of Business: Corporate

Job Category: Pricing and Promotion

Department: 0158 - Pricing, Strategy & Execution

Employment Type I: Regular

Employment Type II: Full-Time

Location #: 1999

Location Name: CSC-Mooresville

City: Mooresville

State: NC

EEO Statement:

Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religion, sex, age, national origin, disability, sexual orientation, gender identity or expression, marital status, veteran status, genetics or any other category protected under applicable law.

9 days 16 hours ago

Lowe's.

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Lead Pricing Analyst Lowe's. - Mooresville, NC, United States

   

Location: Mooresville, NC

Company Profile:
Lowe’s has been helping our customers improve the places they call home for more than 60 years. Founded in 1946, Lowe’s has grown from a small hardware store to the second-largest home improvement retailer worldwide. Our story began in North Carolina, when Carl Buchan, part owner of the North Wilkesboro Hardware Company, envisioned creating a chain of hardware stores. He purchased the company from his brother-in-law and partner and had the foresight to anticipate a post-World War II building boom. By eliminating wholesalers and dealing directly with manufacturers, Lowe’s established a lasting reputation for low prices.