Michael's
Manager - Pricing Advisory
Michael's, Irving, Texas, United States, 75084
Support Center - IrvingUnder the supervision of the Pricing Director, the Manager - Pricing Advisory will drive the analysis and execution of Pricing and Promotions strategy and tactics. This individual will be responsible for creating and recommending optimal product pricing to achieve and exceed sales goals.
Exceptionally strong analytical skills with strong background in statistical analysis and mathematical optimization. Proven leadership and collaboration skills are required to create strong cross functional relationships with Category Management, Marketing, Operations and IT, leading in efforts to drive change management throughout the company.
Regular Price Strategy and Analysis: Partner with Category Management to understand product characteristics. Perform detailed analysis to optimize regular prices for merchandising categories. Track and measure incremental sales and margin.Promotion Pricing Analysis: Work with various data sources to identify strategic and tactical insights and subsequently optimize the promotions. Work with Category Management and Marketing to analyze results and recommend items and promotional prices for future ads.Clearance Price Strategy and Analysis: Work closely with Pricing Director, Inventory Management and Category Management to develop clearance cadence strategies. Optimize store specific markdown for basic and seasonal products.Pricing projects as identified by supervisorOther duties as assignedMinimum EducationBS in Economics, Engineering, Computer Science, Marketing or Business; MBA, MIS or MS quantitative field such as in Engineering, Economics, Statistics, Operations Research or Finance strongly preferred.Minimum Special Certifications or Technical SkillsKnowledge of statistical and pricing models required. Strong IT and computer skills a must - understanding of Access, SQL preferred.Minimum Type of Experience the Job RequiresMust have 4+ years of experience in pricing and marketing analysis at both strategic and tactical levels.Must have 2+ years in pricing optimization/demand forecasting in retail environmentOtherStrong communication and presentation skills required. Ability to develop strong relationships with key partners. Strong skills in selling point of view and persuading other functions to support your program.Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.At The Michaels Companies Inc,
our purpose is to fuel the joy of creativity
. As the leading creative destination in North America, we operate over 1,300 stores in 49 states and Canada and online at
Michaels.com
and
Michaels.ca
. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise, and
MakerPlace by Michaels
, a dedicated handmade goods marketplace. Founded in 1973 and headquartered in Irving, Texas,
Michaels is the best place for all things creative.
For more information, please visit
www.michaels.comAt Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit
mikbenefits.com
. In addition, we offer a hybrid work schedule for our Support Center Team Members.Michaels is an Equal Opportunity Employer. We are here for all Team Members and all Makers to create, innovate and be better together.Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL).EEOC Know Your Rights Poster in EnglishEEOC Know Your Rights Poster in SpanishEEOC Poster Optimized for Screen ReadersFederal FMLA PosterFederal EPPAC Poster
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Exceptionally strong analytical skills with strong background in statistical analysis and mathematical optimization. Proven leadership and collaboration skills are required to create strong cross functional relationships with Category Management, Marketing, Operations and IT, leading in efforts to drive change management throughout the company.
Regular Price Strategy and Analysis: Partner with Category Management to understand product characteristics. Perform detailed analysis to optimize regular prices for merchandising categories. Track and measure incremental sales and margin.Promotion Pricing Analysis: Work with various data sources to identify strategic and tactical insights and subsequently optimize the promotions. Work with Category Management and Marketing to analyze results and recommend items and promotional prices for future ads.Clearance Price Strategy and Analysis: Work closely with Pricing Director, Inventory Management and Category Management to develop clearance cadence strategies. Optimize store specific markdown for basic and seasonal products.Pricing projects as identified by supervisorOther duties as assignedMinimum EducationBS in Economics, Engineering, Computer Science, Marketing or Business; MBA, MIS or MS quantitative field such as in Engineering, Economics, Statistics, Operations Research or Finance strongly preferred.Minimum Special Certifications or Technical SkillsKnowledge of statistical and pricing models required. Strong IT and computer skills a must - understanding of Access, SQL preferred.Minimum Type of Experience the Job RequiresMust have 4+ years of experience in pricing and marketing analysis at both strategic and tactical levels.Must have 2+ years in pricing optimization/demand forecasting in retail environmentOtherStrong communication and presentation skills required. Ability to develop strong relationships with key partners. Strong skills in selling point of view and persuading other functions to support your program.Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.At The Michaels Companies Inc,
our purpose is to fuel the joy of creativity
. As the leading creative destination in North America, we operate over 1,300 stores in 49 states and Canada and online at
Michaels.com
and
Michaels.ca
. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise, and
MakerPlace by Michaels
, a dedicated handmade goods marketplace. Founded in 1973 and headquartered in Irving, Texas,
Michaels is the best place for all things creative.
For more information, please visit
www.michaels.comAt Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit
mikbenefits.com
. In addition, we offer a hybrid work schedule for our Support Center Team Members.Michaels is an Equal Opportunity Employer. We are here for all Team Members and all Makers to create, innovate and be better together.Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL).EEOC Know Your Rights Poster in EnglishEEOC Know Your Rights Poster in SpanishEEOC Poster Optimized for Screen ReadersFederal FMLA PosterFederal EPPAC Poster
#J-18808-Ljbffr