The Pricing Analyst is responsible for developing pricing recommendations and insights that support the goals of a group of categories using pricing software and analysis. The Pricing Analyst will collaborate with Merchandising Category Managers and other support teams to deliver desired business outcomes.
More specifically, the Pricing Analyst will work directly with Merchandising Category Managers to understand the business opportunities and nuances, and develop a recommended pricing solution through pricing analytics. The role is a mix of hard and soft skills: Day-to-day duties will include using dunnhumby PriceStrat software to recommend and manage pricing for a set of categories. Pricing and Analytics outside of our main tool will be developed using a combination of strategy and pricing frameworks and data manipulated via database reporting tools, SQL, Alteryx, Excel, and Tableau. The Pricing Analyst will influence pricing action by translating analytics into everyday language, presentations, and visuals.

 RESPONSIBILITIES:

• Pricing Strategy:
  • Collaborate with pricing and merchandising leadership to understand business issues, develop data and translate into appropriate pricing strategies
• Ongoing Price Management:
  • Manage, analyze, and recommend price changes for a group of categories
  • Maintain and contribute to accurate foundational pricing data elements
  • Evaluate effectiveness of pricing methods and rules. Identify opportunities for improvement
  • Improve accuracy of forecast of financial impact of proposed price changes
  • Develop ad-hoc pricing analyses and recommendations as needed
• Analytical Influence and Leadership:
  • Determine areas of business where innovative analytical solutions may be used to drive business growth, create analysis, and develop recommendations
  • Develop analytical presentations and communicate them to merchandising partners
  • Navigate ambiguity to get to recommendations, solutions and results
• Category Analytics:
  • Communicate pricing trends and supporting analytics to pricing, merchandising, and leadership
  • Create relevant category analytical tools/reports/dashboards that encompass pricing data in connection with consumer, customer, and competitor insights
• Additional duties as assigned or required

QUALIFICATIONS:

• Bachelor's Degree in Analytical Business Specialty, Economics, Mathematics, Applied Statistics, or commensurate retail analytics experience preferred
• 2 to 4 years of experience in retail, analysis, and/or pricing preferred
• Proficient in a wide range of analytical and quantitative techniques and tools to derive insights from large, complex data environments
• Advanced Excel skills required
• Experience with SQL and database reporting preferred
• Experience with third-party pricing software preferred (e.g., PriceStrat, Revionics, DemandTec, ClearDemand)
• Experience with statistical analysis software packages a bonus (e.g., R, SAS, SPSS, Stata)
• Excellent communication skills – both written and verbal
• Exceptional teamwork, collaboration, and influencing skills
• Strong organizational, planning, and time management skills
• Strong work ethic complemented with a positive, can-do attitude

At Whole Foods Market, we provide a fair and equal employment opportunity for all Team Members and candidates regardless of race, color, religion, national origin, gender, pregnancy, sexual orientation, gender identity/expression, age, marital status, disability, or any other legally protected characteristic. Whole Foods Market hires and promotes individuals solely based on qualifications for the position to be filled and business needs.