Pricing Manager - Pro Pricing
Home Depot
Manager, Pro Pricing StrategyWith a career at The Home Depot, you can be yourself and also be part of something bigger.
The Manager, Pro Pricing Strategy will provide subject matter expertise, project management, and analytical support to the development and execution of Pricing Strategies. The Manager will understand the needs of constituencies, including the merchants, Pro team, and our subsidiaries, to develop and test hypothesis as well as to work with the development team to prioritize IT development. The Manager will work with cross functional partners, including marketing, ops, strategy and others to ensure end to end thinking on strategy and execution. The Pricing Manager will manage Senior Analysts in an effort to support corporate level pricing initiatives and advocate for implementing pricing best practices.
Key
Responsibilities
50% Develop relationships with cross functional partners to collaborate and to determine company goals and objectives, conduct standard and ad hoc analysis to identify key drivers of performance, recommend pricing decisions and strategies that will improve category performance and develop financial plans that reflect pricing changes.
Typical analysis will include: (a) marketplace and macroeconomic trends impacting the category including competitive assessment, (b) customer segmentation and responsiveness (c) line structure and line structure engineering, (d) localization, including defining pricing zone definition, (e) promotional effectiveness, (f) transaction and basket penetration, (g) consumer psychology.
- Develop executive-level presentations that summarize analysis including historical performance, strategic rationale underpinning pricing decisions and expected financial impact.
- Report out to all levels of management. Accountable for accuracy, thoroughness, thought process, timeliness and viability of recommendations.
50% Develop the necessary communication to leadership to gain alignment and partner with IT and other cross functional teams to prioritize efforts that support the execution of strategies.
Accountable for direct supervision of the work activities of others. Planning, monitoring and reviewing work of subordinates is required. This may include direct supervision of a shift or the coordination of multiple work groups. Makes recommendations concerning selection, termination, performance appraisal and professional development.
Direct Manager/Direct Reports:
This position reports to Sr Manager Pricing
This position has 2-3 direct reports
Travel
Requirements
Typically requires overnight travel less than 10% of the time.
Physical Requirements
Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.
Working Conditions
Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.
Minimum Qualifications
Must be eighteen years of age or older.
Preferred Qualifications
MBA
Prior experience in retail Pricing
Prior experience in merchandising, planning and analysis
Education
The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.
Preferred
Education
No additional education
Minimum Years of Work
Experience
4
Preferred Years of Work
Experience
No additional years of experience
Experience
None
Preferred Leadership
Experience
None
Certifications
None
Competencies:
Ability to partner with cross-functional teams at all levels across a complex organization
Ability to get results despite a large workload, competing demands and working in a fast paced environment
Ability to effectively prioritize multiple demands, adjust to change quickly and work constructively under pressure
Ability to structure nebulous projects and to work constructively under tight deadlines
Ability to influence peers and business partners without authority
Home Depot pays $54 for Sales Director in Atlanta, Georgia, with most salaries ranging from $34 to $86. Pay can vary based on role, experience, and local cost of living.
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