Senior Analyst, Pricing & Promotions #56913
Vitamin Shoppe Industries Inc. Secaucus, NJ Full-time Information Services / Technology (IT)
Posted on May 17, 2020
Vitamin Shoppe Industries Inc. seeks Senior Analyst, Pricing & Promotions in Secaucus, NJ. Ref#: 56913
Partner with Merchandising to assist in development of pricing and promotional strategies. Set up pricing and promotional tests, build optimization models and forecasts that improve profitability. Perform competitor analysis and prepare price index reports to stay competitive in the marketplace. Analyze and monitor real time website traffic trends, unique visitor count, transaction numbers, checkout rates and sale conversion rates. Build forecasting models taking into consideration industry and seasonality trends to establish margin and revenue impact affected by cost changes provided by vendors. Analyze historic promotions to identify key performance indicators (KPI’s) and Sales Volume Metrics to deliver predictive analytics that plan future promotions. Partner with Merchandising, Inventory, and Operations to review product lifecycle management to create markdown strategies that maintain optimal inventory levels. Establish and maintain strong communication and relationships with each of the various teams across the organization. Prepare executive-level reports on findings and recommendations. Stay current on trends and innovations pertaining to data analytics, pricing innovations and visualization capabilities. Proactively seek ways to improve processes and reporting. Possesses the intellectual curiosity to continuously analyze data. Assist with operational and ad-hoc needs of the team, including execution of price changes and sending periodic reports to senior management.