Senior Pricing and Promotions Specialist

2 months ago


Singapur, Singapore Adidas Full time
Purpose and Scope

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).
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, 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
Requisite Education and Experience
  • 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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