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Analyst, Margin Strategy

72% Flex
Remote: 
Full Remote
Contract: 
Salary: 
67 - 100K yearly
Experience: 
Mid-level (2-5 years)
Work from: 

Offer summary

Qualifications:

Bachelor's degree in Retail or related field, 3+ years of experience in retail operations, Experience in merchandising analytics or category management.

Key responsabilities:

  • Maximize margin by defining a strategy aligned with consumer segments
  • Analyze key performance indicators and execute promotional strategies using data analytics tools
  • Collaborate with category management to create strategic promotional frameworks
Elixir logo
Elixir Large https://www.elixirsolutions.com/
1001 - 5000 Employees
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Job description

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Your missions

Excited to grow your career?
We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply!
If you want to make a difference, Rite Aid is the right place.

While Rite Aid is big, it still feels small — you and your work are never lost in the crowd. You know the leaders, and they recognize your impact. Teams are tightly knit and agile. Small groups, courageous enough to meet our goals in new ways. You can take your work, your team, or your business to the next level without being slowed down by a ton of process or layers of approval. For anyone with intent to grow, you can reinvent yourself in a new role or take on a new challenge while helping us reinvent Rite Aid and innovate our industry.
Wherever you work in the Rite Aid family, your diverse perspectives and fierce commitment enable us to deliver on the promise of ’whole health for life’ for communities around our country.
And that makes the biggest difference of all.

Job Summary
The primary purpose of this role is to maximize margin by category by defining a margin and promotional strategy that is aligned to consumer/shopper segments, benchmarked against competitive opportunities, margin building, basket building and traffic driving metrics. The goal of the role will be to deliver impactful margin results and leading promotional offer strategy, guidance, governance and architecture based on internal, competitive, and market data.
Responsibilities
  • Analyze key performance indicators of promotional offer strategies; Executes promotional event administration process to ensure that promotions are set up in a timely and accurate manner and that all internal controls related to promotion are being followed; Establish a Strategic Promotional Framework with Category Management to create promotional strategies by category.
  • Leverage data analytics and tools to identify vendor funding variances, promotional optimization, assortment affinities, channel productivity, all-in margin, inventory improvements; Collaborate with our Category Management teams to understand internal customer shopping patterns, opportunities, and the implications for the different areas of our business; Support CRM Promotional strategies and integrate customer data, channels of business, and promotional results in new ways to deepen customer relationships and drive profitable retail business growth; Identify key insights from analyses, cutting through large amounts of data to quickly identify trends and implications on sourcing strategy & approach
  • Translate insights into action, reporting on findings to category management and senior management. Use analytics to prepare for critical promotional management and support promotional funding negotiations; Identify promotional opportunities and gaps by understanding of the business and application of quantitative and qualitative industry, consumer, and syndicated insights
Qualifications

EDUCATION REQUIREMENTS

Education Level

Area of Specialization (Marketing, Finance, Pharmacy, Engineering/IT, etc)

Bachelor Degree

Ideally in from a merchandise / retailer background (e.g. vendor management, merchandise strategy, strategic consulting, etc.); or equivalent combination of education and experience

Required

KNOWLEDGE, SKILLS AND ABILITIES

Knowledge, Skills and Abilities

Required or Preferred

-Strong understanding of data and demonstrated success in driving processes

-Proven ability to manage large and complicated projects with specific experience leading cross-functional projects

-Experience creating and setting annual operating plans

-Highly polished communication skills - speaking, writing, presenting and negotiating

-Superior analytical and quantitative skills, comfortable with complex financial data

-Proficiency in analytics tools (Excel required, experience with Tableau/ Power BI, Alteryx, Matlab, Minitab)

-Strong financial knowledge & business acumen

-Highly polished communication skills (written and verbal) to translate insights into reports for leadership teams and supporting best in class negotiations

-Experience creating and setting annual operating plans

-Ability to operate simultaneously and effectively in both tactical and strategic modes

-Track record of results in setting strategy and running a large volume, high-profile business

-Ability to think and react in a high-energy, fast paced environment

-Strong problem-solving skills:

o Ability to take ambiguous problem and structure analytics to solve that problem

o Ability to overcome roadblocks proactively and independently in working complex data sets

o Ability to “cut through the noise” of large, complex, and sometimes imperfect data sets to focus on the analysis that matters

-Passion for using data to solve complex problems

-Strong interpersonal skills & ability to collaborate across teams

-Strong track record of recruiting, hiring and developing talent

-Ability to prioritize and multi-task with a “bias for action”

WORK EXPERIENCE

Experience

Areas of Experience (Pharmacy, Compliance, E-commerce, Retail, etc)

3 years of experience in Retail, operations, and/or business management/consulting with a proven history of delivering results

Required

3 years of experience in Experience with merchandising analytics and/ or category management in retail

Required

3 years of experience in Merchandising, category management, or merchandise strategy

Preferred

Experience in pricing and promotion, inventory management, and product development

The typical starting pay range for this position is between [$66,500 - $100,025], although wages can vary based on experience and geography.”

Fair Chance Act

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Pursuant to the Los Angeles Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Pursuant to the California Fair Chance Act, we will consider qualified applicants with a criminal history. You do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if we identify a conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report. Find out more about the Fair Chance Act by visiting the Civil Right’s Department Fair Chance Act webpage.

For more detailed information around city/state required notices, click here to access a list of disclosures.

New Jersey Law Against Discrimination (LAD)

The New Jersey Law Against Discrimination (LAD) prohibits unlawful employment discrimination based on an individual's race, creed, color, national origin, nationality, ancestry, age, sex (including pregnancy), familial status, marital/civil union status, religion, domestic partnership status, affectional or sexual orientation, gender identity and expression, atypical hereditary cellular or blood trait, genetic information, liability for military service, and mental or physical disability (including perceived disability, and AIDS and HIV status). 

Indiana Applicants:

It is unlawful for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

Maryland Applicants

Under Maryland law, an employer may not require or demand, as a condition of employment, prospective employment, or continued employment, that an individual submit to or take a polygraph examination or similar test. An employer who violates this law is guilty of a misdemeanor and subject to a fine not exceeding $100.

Massachusetts Applicants:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Drug-Free Workplace Policy

Note to All Applicants Regarding Rite Aid’s Drug-Free Workplace Policy: Rite Aid maintains a strict policy prohibiting illegal drug activity and using, being under the influence of, or possessing illegal drugs and/or alcohol during the Work Day as well as on Company Property as defined in Rite Aid’s Drug-Free Workplace Policy. Rite Aid conducts post-offer pre-employment drug testing of all job candidates. Additionally, the Company conducts drug and/or alcohol testing in certain pre-promotion, reasonable suspicion, and post-accident scenarios along with drug loss investigations unless expressly prohibited by law. You have the right to refuse to submit to testing; however, a refusal to submit to a test when asked will result in the withdrawal of a conditional offer of employment or termination of employment. All records relating to drug tests shall be kept confidential. A copy of the policy is available from hiring management upon request.

Applicant Statement

I certify that the above statements are true and complete. I understand that the making of false statements or omitting information in this Application or in any resume or other materials submitted in connection with this application will be grounds for disqualification from employment or immediate discharge upon discovery thereof. I further understand that unless specifically altered by a written employment contract, executed by an officer of the Company, my employment will be terminable at will, either by myself or Rite Aid, at any time, with or without cause and with or without prior notice. I authorize Rite Aid to verify all education, training and professional licensure/certifications claimed by me and to secure from my former employers and references information concerning my professional accomplishments, salary, work characteristics, ability and reasons for leaving. Every conditional offer of employment with Rite Aid is subject to a criminal background check to determine his or her suitability for the position. Applicants will be required to sign an authorization to perform a criminal background check only if the applicant receives a conditional offer of employment and I understand that I will be required to submit to a drug test in accordance with Rite Aid policy. In compliance with the federal Immigration Reform and Control Act, I certify that, if hired, I will provide, within three (3) business days from the date my employment begins, proof of my identity and eligibility for employment in the United States.

EEO Statement

Rite Aid is an equal opportunity employer and is committed to cultivating a diverse work environment where individual differences are appreciated and respected. It is our policy, through responsible management, to recruit, hire, train, and promote associates regardless of their race, color, national origin, religion, sex, sexual orientation, disability, age, or any other basis protected by state or federal law. The objective of this policy is to ensure conformity with the principles of equal opportunity employment when making employment decisions and administering compensation, benefits, transfer, and social and recreational programs. Rite Aid prohibits unlawful retaliation against any person who reports harassment or discrimination.

Required profile

Experience

Level of experience: Mid-level (2-5 years)
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Soft Skills

  • Interpersonal Skills
  • Analytical Thinking
  • Numerical Skills
  • Problem Solving
  • Team Collaboration
  • Leadership

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