Senior Specialist, Pricing and Promotions eCom

2 months ago


Singapore adidas Full time

Purpose & Overall Relevance for the Organization:

 

This role is responsible for maximising the sales, profitability and brand equity of Emerging Markets eCommerce through the management and execution of both:

  • Pricing management for all product categories in eCom, in line with the company brand strategy and financial goals (net sales, margin, markdown and inventory targets).
  • Support the definition and execution of product Life cycle management, including MSS and EOSS.
  • Provide Product and Pricing insights/actions with regards to key commercial moments to ensure there is enough inventory to maximize sales forecast within the markdown parameters.

 

Key Responsibilities:

                                 

  • Manage the execution of the defined key merchandising principles related to pricing and promotions in day-to-day business and regularly give feedback to management.
  • Input to Director of Merchandising eCom on overall pricing and markdown strategy for upcoming seasons and key commercial moments.
  • Ensure price alignment between wholesale, ecom and retail and to price articles within the local price structures in accordance with pricing policy.
  • Maintain historical promotion performance documentation to ensure proper future planning. Maintain article lists comp performance across seasons.
  • Load Markdown prices in the central and local systems and maintain systems accordingly.
  • Manage and maintain price change history as well as documentation around exclusion lists required for pricing compliance.
  • Assist end-to-end preparation and timelines adherence to key commercial inventory forecasting processes including sale dates definition, articles selection, discounts strategy, leftover transfer strategy.
  • Assist in all promotions on site that have product implications.
  • Issue key Merchandise Management Reports related to price, margin and markdown management. Issue reporting pack for effective analysis of promotional activities incl. sales period.
  • Plan and execute price actions (mark-ups- downs, promotions, sale activities) and drive analyses that provide the financial impact of these actions.
  • Maintain knowledge base (country specific legal restrictions, special sales periods, special sales actions like friends and families etc.) to improve future pricing actions.
  • Work pro-actively, propose changes in processes in order to avoid irregularities.
  • Ensure all Point of Sale (POS) have a retail price per stock keeping unit (SKU)
  • Other duties as requested by your manager.

 

Key Relationships:

 

  • eCom Team
  • Emerging Markets Local Merchandising Teams
  • Emerging Markets HUB and Local Marketing Activations
  • Emerging Markets HUB and Local CTC Teams
  • Emerging Markets Consumer Direct Finance/Controlling

 

Knowledge, Skills and Abilities:

 

  • Leadership and influencing skills.
  • Ability to work effectively within a team environment and under pressure.
  • Strong analytical skills
  • Structured, organised and process-orientated.
  • Attention to detail.
  • Fluent in English
  • Additional language is an advantage.
  • Advanced user of MS Office suite of products – esp. Excel, Powerpoint, SQL
  • Advanced knowledge of Retail Management Systems – SAP AFS, SAP PGR, DBM, Power BI
  • Geographically mobile

 

Requisite Education and Experience/Minimum Qualifications:

 

  • University degree, ideally in business with sales and finance focus or equivalent professional experience
  • 5+ years’ experience in Retail merchandising (incl. buying, planning, distribution, budgeting)
  • Multi-store experience essential
  • 0-3 years’ management experience
  • Functional awareness of Store Operations and Finance

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