Sr Product Manager - CompIntel & Pricing Insights

Posted:
8/15/2024, 5:00:00 PM

Location(s):
Karnataka, India ⋅ Minneapolis, Minnesota, United States ⋅ Minnesota, United States ⋅ Bengaluru, Karnataka, India

Experience Level(s):
Senior

Field(s):
Product

About us: 

As a Fortune 50 company with more than 400,000 team members worldwide, Target is an iconic brand and one of America's leading retailers. At Target, we have a timeless purpose and a proven strategy and that hasn’t happened by accident. Some of the best minds from diverse backgrounds come together at Target to redefine retail in an inclusive learning environment that values people and delivers world-class outcomes. That winning formula is especially apparent in Bengaluru, where Target in India operates as a fully integrated part of Target’s global team and has more than 4,000 team members supporting the company’s global strategy and operations.

Joining Target means promoting a culture of mutual care and respect and striving to make the most meaningful and positive impact. Becoming a Target team member means joining a community that values diverse backgrounds. We believe your unique perspective is important, and you'll build relationships by being authentic and respectful. At Target, inclusion is part of the core value. We aim to create equitable experiences for all, regardless of their dimensions of difference. As an equal opportunity employer, Target provides diverse opportunities for everyone to grow and win.

Team overview:

The Pricing & Promotions Center of Excellence (PPCOE) team works on enterprise-wide pricing and promotion strategies, keeping pricing across stores competitive to create more value for our guests. The work is highly strategic, innovative, and collaborative. It involves partnerships with merchants, buyers, senior buyers, leaders, marketing, store operations and finance. The Product team at PPCOE makes it easy for our Team Members to do their jobs and create confidence that the price a Guest pays is the right price, executed flawlessly throughout the Guest Experience. We have 4 groups of product portfolios - Pricing, Competitive Intelligence, Promotions and Clearance Product teams, each focusing on building products with strategic intent of enabling sustainable business capabilities that serve the needs of the enterprise. Product Teams at Target are accountable for the delivery of business outcomes enabled through technology and analytic products that are easy to use, easily maintained and highly reliable. This role is spread across the entire product portfolio and owns insights, data quality & dashboards on competitive intelligence data. 

The CompIntel Product Portfolio Vision: We help price 100% of items that are competitively shopped across Target stores and online, while also helping increase the number of items being competitively priced. We are the one stop shop for all of Target’s competitor needs. We improve guest experience by generating timely, accurate and actionable insights through gathering competitor data. 

About the role:   

As a Sr. Product Manager, you will own Insights for both competitive Intelligence and pricing portfolio, you will be responsible for driving data quality & insights across all the products in the portfolio.  Having a solid understanding of data capabilities is a must -  dashboarding, data storage, compute, and big data analytics. This includes utilizing technologies like SQL and Hadoop components (Hive, HDFS, Spark) to build the right set of metrics and establishing quality measurements.  

You will partner with Data engineering, Analytics, Business and other Product Managers to build and drive adoption of key Comp Intel/Pricing dashboards and insights. You will set up the 2024+ roadmap by quarter, create and own the product OKRs (Objective-Key Results) across these areas. 

About You: 

  • Master’s degree in Strategy/Product management/Analytics 

  • 10+ years overall work experience; 6+ Years of Product management experience, preferably 5+ years of experience in Retail

  • 3-4 years of experience in core analytics domain 

  • Proven Data analytics + dashboard experience. Build & lead the development of robust set of key reports and dashboards to democratize the comp Intel/Pricing data for the entire pricing team to easily digest and act upon.

  • Good working knowledge of SQL or PL/SQL/Python

  • Proven hands-on experience with Domo, Tableau & other Visualization tools (incl homegrown platforms) and a deep understanding of core DW/BI concepts.

  • Familiarity with Data science concepts would be plus

  • Familiarity with Competitive intelligence and pricing concepts would be plus

  • Develop actionable insights and trend analysis for key competitors so we can quickly and accurately detect changes to competitors’ price and predict future movement.

  • Concept and drive new analytic projects for the team to assess changes to competitor/pricing strategies and develop scenario modeling for Target to remain competitive.

  • Conceptual understanding of analytical techniques like Linear Regression, Logistic Regression, Time-series models, Classification Techniques, etc. 

  • Strong Presentation, written and verbal communication skills to explain complex analytical methodologies to clients regardless of the client’s technical expertise. 

  • Establish and grow relationships with key decision-makers within the cross-functional team, both in Target in India and Minneapolis to drive strategic business initiatives.

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