Everyday Pricing Sr. Insights Analyst - Commodities

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Everyday Pricing Sr. Insights Analyst - Commodities
As an Everyday Pricing Sr. Insights Analyst you will manage the prices for fast-moving commodities in our Food & Beverages business.  You will manage the prices for a set of categories and the insights across a broader set of commodities.  This includes producing strategic, operational, and competitive insights.  You will work with a broad set of partners including our pricing strategy teams, global Pricing operations, EDABI, and product team, across the Pricing & Promotions COE, and with Merchandising teams.  You will bring these insights to life in the following ways:
Quarterly SWOT for a merchandise pyramid of previous quarter's performance and primary competitors
Benchmarks and highlights of seasonal and YOY changes in opening price points, owned brand price laddering, price architecture of competitors' assortments, and relationships with commodity cost markets
Market intelligence summaries of strategic pricing changes implemented by key competitors 
Monthly Business Review dashboard and action plan on actively managed comp shop SKUs, index vs competitors, and actively priced
Lead biannual audits of assortment excluded from Actively Managed Pricing
Pricing Playbook for each division and season
Implement changes to pricing strategy on appropriate business cadence to positively impact guests and financials
Recommendations on channel pricing strategies based on internal performance and competitor actions
Regular updates and recaps on pricing tests
Delivery of objectives tied to captainships which improve the performance of the global Everyday Pricing and Competitive Retail Intelligence teams
To achieve these goals, you will engage in a number of activities including, but not limited to:
Monitoring defects in KPI metrics and bridging back to goal
Leveraging internal reporting solutions and pricing systems
Leveraging external resources including Nielsen NIS, IRI, and 3rd party competitive shop data to understand Target's pricing position vs the market and identify opportunities
Using economic and pricing strategies to improve gross margin performance and price perception
Activating tests to accelerate the Plan-Do-Check-Act evolution of our pricing strategy
Creating compelling problem statements and business cases to support and advance our pricing strategy
Building strong, trusted relationships with merchants, PPCOE strategy & planning teams, pricing product teams, and Everyday Pricing Operations analyst
Maintaining daily connection with Everyday Pricing Operations Analyst counterparts in Bangalore
Providing subject matter expertise on pricing capabilities
Managing the new item and end-of-life item strategies as a part of assortment planning
Minimum requirements:
4-year degree or equivalent work experience
2 years of professional work experience
Strong financial acumen for both retail and cost accounting metrics
Strong data analysis skills
Ability to manipulate data in Excel, SSAS financial data manipulation
Demonstrated peer leadership and decision-making skills     
Ability to influence others through the use of data and insights
Strong interpersonal skills and ability to maximize relationships
Strategic orientation and comfortable with ambiguity
Self-starter, ability to work independently
Desired Requirements:
Experience with commodity markets
Understanding of Merchandising Product Lifecycle
Lean concepts in Problem Solving, PDCA cycle, and hypothesis testing
Microeconomic and Pricing concepts in theory and application
Americans with Disabilities Act (ADA)
Target will provide reasonable accommodations (such as a qualified sign language interpreter or other personal assistance) with the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please visit your nearest Target store or Distribution Center or reach out to Guest Services at 1-800-440-0680 for additional information.

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