Analyst, Margin Strategy
Pay found in job post
Retrieved from the description.
Base pay range
$66,500.00/yr - $100,025.00/yr
The primary purpose of this role is to maximize margin by category by defining a margin and promotional strategy that is aligned to consumer/shopper segments, benchmarked against competitive opportunities, margin building, basket building and traffic driving metrics. The goal of the role will be to deliver impactful margin results and leading promotional offer strategy, guidance, governance and architecture based on internal, competitive, and market data.
Education Level
Area of Specialization (Marketing, Finance, Pharmacy, Engineering/IT, etc)
Bachelor Degree
Ideally in from a merchandise / retailer background (e.g. vendor management, merchandise strategy, strategic consulting, etc.); or equivalent combination of education and experience
Required
KNOWLEDGE, SKILLS AND ABILITIES
Knowledge, Skills And Abilities
Required or Preferred
WORK EXPERIENCE
Areas Of Experience (Pharmacy, Compliance, E-commerce, Retail, Etc)
3 years of experience in Retail, operations, and/or business management/consulting with a proven history of delivering results
Required
3 years of experience in Experience with merchandising analytics and/ or category management in retail
Required
3 years of experience in Merchandising, category management, or merchandise strategy
Preferred
Experience in pricing and promotion, inventory management, and product development
The typical starting pay range for this position is between [$66,500 - $100,025], although wages can vary based on experience and geography.”
- Analyze key performance indicators of promotional offer strategies; Executes promotional event administration process to ensure that promotions are set up in a timely and accurate manner and that all internal controls related to promotion are being followed; Establish a Strategic Promotional Framework with Category Management to create promotional strategies by category.
- Leverage data analytics and tools to identify vendor funding variances, promotional optimization, assortment affinities, channel productivity, all-in margin, inventory improvements; Collaborate with our Category Management teams to understand internal customer shopping patterns, opportunities, and the implications for the different areas of our business; Support CRM Promotional strategies and integrate customer data, channels of business, and promotional results in new ways to deepen customer relationships and drive profitable retail business growth; Identify key insights from analyses, cutting through large amounts of data to quickly identify trends and implications on sourcing strategy & approach
- Translate insights into action, reporting on findings to category management and senior management. Use analytics to prepare for critical promotional management and support promotional funding negotiations; Identify promotional opportunities and gaps by understanding of the business and application of quantitative and qualitative industry, consumer, and syndicated insights
Education Level
Area of Specialization (Marketing, Finance, Pharmacy, Engineering/IT, etc)
Bachelor Degree
Ideally in from a merchandise / retailer background (e.g. vendor management, merchandise strategy, strategic consulting, etc.); or equivalent combination of education and experience
Required
KNOWLEDGE, SKILLS AND ABILITIES
Knowledge, Skills And Abilities
Required or Preferred
- Strong understanding of data and demonstrated success in driving processes
- Proven ability to manage large and complicated projects with specific experience leading cross-functional projects
- Experience creating and setting annual operating plans
- Highly polished communication skills - speaking, writing, presenting and negotiating
- Superior analytical and quantitative skills, comfortable with complex financial data
- Proficiency in analytics tools (Excel required, experience with Tableau/ Power BI, Alteryx, Matlab, Minitab)
- Strong financial knowledge & business acumen
- Highly polished communication skills (written and verbal) to translate insights into reports for leadership teams and supporting best in class negotiations
- Experience creating and setting annual operating plans
- Ability to operate simultaneously and effectively in both tactical and strategic modes
- Track record of results in setting strategy and running a large volume, high-profile business
- Ability to think and react in a high-energy, fast paced environment
- Strong problem-solving skills:
- Ability to take ambiguous problem and structure analytics to solve that problem
- Ability to overcome roadblocks proactively and independently in working complex data sets
- Ability to “cut through the noise” of large, complex, and sometimes imperfect data sets to focus on the analysis that matters
- Passion for using data to solve complex problems
- Strong interpersonal skills & ability to collaborate across teams
- Strong track record of recruiting, hiring and developing talent
- Ability to prioritize and multi-task with a “bias for action”
WORK EXPERIENCE
Areas Of Experience (Pharmacy, Compliance, E-commerce, Retail, Etc)
3 years of experience in Retail, operations, and/or business management/consulting with a proven history of delivering results
Required
3 years of experience in Experience with merchandising analytics and/ or category management in retail
Required
3 years of experience in Merchandising, category management, or merchandise strategy
Preferred
Experience in pricing and promotion, inventory management, and product development
The typical starting pay range for this position is between [$66,500 - $100,025], although wages can vary based on experience and geography.”
-
Seniority level
Mid-Senior level -
Employment type
Full-time -
Job function
Business Development and Sales -
Industries
Retail
Referrals increase your chances of interviewing at RITE AID by 2x
See who you knowGet notified about new Strategy Analyst jobs in United States.
Sign in to create job alertSimilar jobs
People also viewed
-
Business Analyst - 100% Remote (REF1666V)
Business Analyst - 100% Remote (REF1666V)
-
REMOTE: Business Process Analyst
REMOTE: Business Process Analyst
-
Strategy Analyst
Strategy Analyst
-
Strategy & Business Development Analyst
Strategy & Business Development Analyst
-
Business Analyst
Business Analyst
-
Remote Business analyst + Onetrust
Remote Business analyst + Onetrust
-
Senior Business Analyst - 100% Remote (REF1563D)
Senior Business Analyst - 100% Remote (REF1563D)
-
Business Analyst
Business Analyst
-
Strategy & Business Development Analyst
Strategy & Business Development Analyst
-
Business Analyst
Business Analyst
Similar Searches
Explore collaborative articles
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
Explore More