Senior Pricing and Promotions Specialist
2 months ago
This role is responsible for maximizing sales, profitability, and brand equity of Emerging Markets eCommerce through the management and execution of pricing and promotions strategies.
Key Responsibilities- Manage pricing and promotions strategies for all product categories in eCom, aligning with company brand strategy and financial goals.
- Support the definition and execution of product life cycle management, including MSS and EOSS.
- Provide product and pricing insights to ensure sufficient inventory to maximize sales forecast within markdown parameters.
- Execute key merchandising principles related to pricing and promotions in day-to-day business and provide regular feedback to management.
- Contribute to the development of pricing and markdown strategies for upcoming seasons and key commercial moments.
- Ensure price alignment between wholesale, eCom, and retail, and maintain local price structures in accordance with pricing policy.
- Maintain historical promotion performance documentation and article lists for performance analysis.
- Load markdown prices in central and local systems and maintain system documentation.
- Manage price change history and documentation around exclusion lists for pricing compliance.
- Assist in end-to-end preparation and timelines adherence to key commercial inventory forecasting processes.
- Support all promotions on site with product implications.
- Issue key merchandise management reports related to price, margin, and markdown management.
- Plan and execute price actions, including mark-ups, downs, promotions, and sale activities, and analyze their financial impact.
- Maintain knowledge base on country-specific legal restrictions, special sales periods, and sales actions.
- Work proactively to propose changes in processes to avoid irregularities.
- Ensure all Point of Sale (POS) have a retail price per stock keeping unit (SKU).
- 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
- Leadership and influencing skills
- Ability to work effectively within a team environment and under pressure
- Strong analytical skills
- Structured, organized, and process-oriented
- Attention to detail
- Fluent in English
- Additional language is an advantage
- Advanced user of MS Office suite of products, especially Excel, PowerPoint, and SQL
- Advanced knowledge of Retail Management Systems, including SAP AFS, SAP PGR, DBM, and Power BI
- Geographically mobile
- University degree, ideally in business with sales and finance focus or equivalent professional experience
- 5+ years' experience in Retail merchandising, including buying, planning, distribution, and budgeting
- Multi-store experience essential
- 0-3 years' management experience
- Functional awareness of Store Operations and Finance
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