Lowe’s – Pricing Sr Analyst – Mooresville, NC

ad1 Job Description Job title: Pricing Sr Analyst Company: Lowe’s Job description: Department LWSUSAPricing & Promotions Job Description Senior Pricing Analyst PURPOSE OF ROLE: Category Pricing Strategy: The primary purpose of this role is to support the analytics necessary to develop and execute pricing strategies for their assigned merch division. This includes executing price changes, monitoring performance gaps, providing insights to pricing management, and suggesting strategy changes. The Senior Analyst will be a critical member of the GMM pricing team. Analytics & Insights: The primary purpose of this role to support the execution of the pricing analytics and science roadmap for Lowe’s. Apply advanced analytical concepts in support of designing and executing Lowe’s pricing strategy. This team will assist Lowe’s in understanding the effectiveness of various strategies and promotions and will partner closely with Technology to develop tools and capabilities for use by the Pricing organization. Lastly, this team will provide insights gathered from the data that can be applied to pricing strategies for competitive advantage Strategic Initiatives: Support projects that drive forward strategic priorities for Lowe’s, including but not limited to, Markdown optimization, Localization strategies, and/or Pro share. This role is charged with understanding customers’ values, business strategies and determining optimal approaches for meeting their needs. Collaborate to identify project risk and work with cross functional teams to develop mitigation plans. This position will identify key tollgates and communicate regularly status updates to senior leadership. RESPONSIBILITY STATEMENTS: Responsible for achieving Pricing related sales and margin objectives for their respective Merchandising division through the use of new and legacy pricing tools in alignment with the Pricing Program with a focus on the IBM Pricing solution.Responsible for maintaining relationships, communicating effectively, and building cross functional partnerships with their respective MVPs, MDs, and MMs.Responsible for ensuring that the Lowe’s enterprise pricing strategy frameworks and guardrails are implemented across all product categories for merchandising divisions that they support. Works closely with their management team and with the pricing team to ensure they are fully versed in and can communicate the Lowe’s pricing strategy framework and how that translates into rules and guardrails for pricing through the IBM pricing solution.Responsible for listening to and reacting to the needs of their business partners business while also fully supporting the enterprise pricing strategy and objectives. The senior analyst will ensure that they utilize all available tools, data, and insights to deliver the best possible level of service and results to their respective partners.Responsible for leading cross functionally with their respective merchant teams and other key stakeholders. They are responsible for conducting themselves in a manner that reflects positively on the Pricing organization with a focus on SERVE and personal accountability.Responsible for ensuring that they meet all key deliverables and timelines for their projects and tasks. Promptly raises issues that could lead to missed timelines and works with management team on mitigation plans.Responsible for sharing best practices across their team. Identifies largest areas of repetitive manual work and raises to management team to look for automation opportunities. REQUIRED EDUCATION/EXPERIENCE: Bachelor’s Degree in Business, Finance, or related field and 3+ years corporate retail pricing, promotions or competitive intelligence analytics or strategy experience OR H.S. Diploma and 6+ years relevant experience (pricing, merchandising, finance, or related field focused on retail analytics)3+ years’ experience using standard analytics tools (MS Excel, Access) to develop data driven recommendations to identify opportunities to improve business performance PREFERRED EDUCATION/EXPERIENCE: 2+ years’ experience in Home Improvement Retail or experience working in an omnichannel environment2+ years’ experience developing processes and procedures to support business objectives2+ years’ experience in retail pricing About Lowe’s: Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 20 million customers a week in the United States and Canada. With fiscal year 2020 sales of nearly $90 billion, Lowe’s and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ over 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit . About Lowe’s in the Community: As a FORTUNE® 50 home improvement company, Lowe’s is committed to creating safe, affordable housing and helping to develop the next generation of skilled trade experts through nonprofit partnerships. Across every community we serve, Lowe’s associates donate their time and expertise through the Lowe’s Heroes volunteer program. For the latest news, visit or follow on Twitter. Employment Type I Regular Line of Business Corporate Job Category Finance Employment Type II Full time Luci Job No Job Classification Flex Expected salary: Location: Mooresville, NC ad2 Apply tot his job