Senior Analyst, Pricing Analytics (12 Month Contract)

Posted:
10/17/2024, 5:00:00 PM

Location(s):
Ontario, Canada ⋅ Toronto, Ontario, Canada

Experience Level(s):
Senior

Field(s):
Business & Strategy

Referred applicants should not apply directly to this role.

All referred applicants must first be submitted through Workday by a current Loblaw Colleague.

Come make your difference in communities across Canada, where authenticity, trust and making connections is valued – as we shape the future of Canadian retail, together. Our unique position as one of the country's largest employers, coupled with our commitment to positively impact the lives of all Canadians, provides our colleagues a range of opportunities and experiences to help Canadians Live Life Well®.

At Loblaw Companies Limited, we succeed through collaboration and commitment and set a high bar for ourselves and those around us. Whether you are just starting your career, re-entering the workforce, or looking for a new job, this is where you belong. 

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

Our commitment to Sustainability and Social Impact is an essential part of the way we do business, and we focus our attention on areas where we can have the greatest impact. Our approach to sustainability and social impact is based on three pillars – Environment, Sourcing and Community – and we are constantly looking for ways to demonstrate leadership in these important areas. Our CORE Values – Care, Ownership, Respect and Excellence – guide all our decision-making and come to life through our Blue Culture. We offer our colleagues progressive careers, comprehensive training, flexibility, and other competitive benefits – these are some of the many reasons why we are one of Canada’s Top Employers, Canada’s Best Diversity Employers, Canada’s Greenest Employers & Canada’s Top Employers for Young People.

If you are unsure whether your experience matches every requirement above, we encourage you to apply anyway. We are looking for varied perspectives which include diverse experiences that we can add to our team.

We have a long-standing focus on diversity, equity and inclusion because we know it will make our company a better place to work and shop. We are committed to creating accessible environments for our colleagues, candidates and customers. Requests for accommodation due to a disability (which may be visible or invisible, temporary or permanent) can be made at any stage of application and employment. We encourage candidates to make their accommodation needs known so that we can provide equitable opportunities.  
 
Please Note:
Candidates who are 18 years or older are required to complete a criminal background check. Details will be provided through the application process.