Posted:
10/17/2024, 5:00:00 PM
Location(s):
Ontario, Canada ⋅ Toronto, Ontario, Canada
Experience Level(s):
Senior
Field(s):
Business & Strategy ⋅ Sales & Account Management
Referred applicants must not apply directly to this role. All referred applicants must use their unique referral link generated when they are referred by an existing colleague.
Location:
243 Consumers Road, Toronto, Ontario, M2J 4W8At Shoppers Drug Mart, we’re innovating health and wellness in Canada. From prescriptions to walk-in clinics, and a beloved loyalty program, we’re caring and supporting our customers in new ways every day.
With more than 1,300 locally owned and operated stores from coast to coast, the Shoppers Drug Mart network is more than a great place to shop, it’s a great place to work. We’re committed to building our talented team who champion collaboration, kindness and inclusivity. Join our team, and help recognize a healthy future for your career and for all Canadians.
Why this role is important?
Senior Analyst, Pricing Analytics
Reporting directly to the Senior Director, Front Store Pricing, the incumbent analyzes, recommends, implements and monitors the effectiveness of pricing initiatives by SKU by price zone ensuring that products are priced and stores are zoned in accordance to SDM Pricing Strategy.
What You'll Do:
The incumbent is responsible for maximizing regular sales and margin rate/dollars and accountable to deliver annual margin rate improvements. The incumbent will provide support to, and liaise with, stores, internal departments and regional teams regarding pricing initiatives, issues and opportunities.
Analyzes and recommends changes to ensure that each product is priced and each store is assigned to zones in accordance to SDM Pricing Strategy.
Analyzes and monitors category sales, units and margin rate/dollars to maximize regular sales and margin rate/dollars.
Analyzes regional Competitive Price Index to ensure indices are in line with SDM Pricing Strategy by changing product retails.
While conducting all activities, be able to identify and proactively act upon any regular sales and margin rate/dollars opportunities and challenges.
Analyses and recommends the price zone assignment to be implemented in new capital stores and coordinates with all parties.
Analyzes weekly Flyer items and creates Corporate Brand Shielding items to increase Corporate Brands sales and maximize category regular sales and margin dollars. Coordinates SKUs with Inventory Management to ensure high service level.
Investigates and addresses inquiries on pricing from stores and/or customers and make necessary adjustments.
Creates Category Retail Reviews (a comprehensive review of all SKUs by zone including relationships between brands, sizes, competitors, etc.) resulting in retail change recommendations to maximize category regular sales and margin rate/dollars.
Reviews, recommends and maintains the relevancy of Key Value Indicator SKUs.
Liaise with relevant stakeholders (e.g., Category Managers, Regional Directors, District Managers, etc.) to resolve pricing issues and drive forward various pricing initiatives
Develop store level communication: direction, reference, etc.
Prepares ad hoc analyses for management requests.
Recommends and executes price changes based upon observations of competitive retails observed while on periodic store audits.
Supports Merchandising Promotions team in the resolution of pricing related issues in promotional events.
What You'll Need:
This position requires a demonstrated level of analysis capability, initiation and judgment in order to organize and prioritize tasks, workload and projects. Courtesy, tact and diplomacy are required in dealing with colleagues in every day working relationships.
Excellent organization, written and verbal communication skills
Advanced MS Office skills ( Excel, Word, Access)
Experience writing SQL queries and using Power Query (or similar platform) to join data from multiple sources
Financial analysis skills
Strong analytical ability, problem solving and attention to detail
Ability to work with all levels of management
Store experience is considered an asset
Professional manner, tact, diplomacy and discretion in dealing with associates and colleagues including senior management.
Adaptable to set and prioritize work with varying exceptions. Able to work with diverse personalities and styles.
Understanding of pricing strategies
Post-secondary education equivalent to a university degree in business, finance, economics or a related field
Minimum 2 years of business analysis or equivalent experience
Why work at Shoppers Drug Mart?
Acting as consultants, supporting internal customers and the Associate-Owners, you will get experience unique to the retail industry while working for an award-winning national brand. Benefit from a purchase discount program, competitive pay and online learning through Academy.
Take ownership of your work and find more ways to care about your work, co-workers, customers and community.
How You’ll Succeed:
At Shoppers Drug Mart Inc., we seek great people to continually strengthen our culture. We believe great people model our values, are authentic, build trust and make connections.
If that sounds like you, and you are open-minded, responsive to change and up to the challenges provided in a fast-paced retail environment, apply today.
Employment Type:
Full timeType of Role:
Temporary with Benefits (Fixed Term)Shoppers Drug Mart Inc. recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants with disabilities in the recruitment and assessment process and when hired.
In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.
Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application.
Website: https://shoppersdrugmart.ca/
Headquarter Location: Toronto, Ontario, Canada
Employee Count: 1001-5000
Year Founded: 1962
IPO Status: Private
Industries: Health Care ⋅ Mobile Apps