Product Merchandising Analyst I
The Reinalt-Thomas Corporation
Overview Here at Discount Tire, we celebrate the spirit of our people with extraordinary pride and enthusiasm. Our business has been growing for more than 60 years and now is the best time in our history to join us. We are opening more locations every year and we are always looking for qualified individuals to join us in our growth. We are a company that promotes from within, both in our retail and corporate operations. The Product Merchandising Analyst I under general supervision, analyzes market pricing and product performance for given regions/sales territories; resolves basic product/ price inquiries; provides general recommendations to the regional sales teams to facilitate the company's merchandising plan/ pricing strategy and maintain Discount Tire's competitive edge. Essential Duties and Responsibilities Collaborates with Category Management team to analyze competitive market; provides competitor price comparison analysis and retail price reports; provides recommendations for "Low Price Strategy" based on industry trends and competitive benchmarks for region/ sales territory; summarizes findings to key partners. Responds/ resolves basic Employee Cost Calls, New Article Verifications, Purchase Price Verifications and Retail Price Management (RPM) Margin checks; leads monthly update calls with region/ sales territories and obtains feedback. Creates and analyzes product cost studies, vendor profit and sales reports, sales and sales price deviations; provides pricing analysis for review. Supports a Merchandise Category and takes direction from the Category Merchant for category specific activities. Calculates and maintains suggested retail prices, open price points and special pricing; ensures "markets" price lists are accurate; processes changes in system. Maintains and audits market price lists and customer competitor profile; provides recommendations. Acts as a liaison between the corporate office and region/ sales territories to communicate Company marketing initiatives and pricing strategy. Compiles product information and creates briefings; gathers and validates all assets needed to support a product launch or advertising campaign; reviews product pricing/ position. Collaborates with the Master Data department and the manufacturer to create and validate product articles; performs routine audit of system data. Maintains the marketing plan of a specific product category; sets retails and assorts products utilizing pricing and merchandising strategies. Identifies volume and costing targets, product quality goals and utilizes market trends. Monitors products throughout their lifecycle; identifies expansion opportunities; collaborates with buyer and supplier to provide recommendations for future products and /or cost negotiations. Stays current on the latest industry technologies, trends and strategies. Assists employees, vendors or other customers by answering questions related to Product Merchandising. Research processes, procedures and services. Completes work in a timely and accurate manner while providing exceptional customer service. Other duties as assigned. Qualifications This position requires a minimum of one year product marketing, merchandising, inventory management, financial analysis or related experience. Company store experience or Tire industry experience is preferred. Working knowledge of SAP, Microsoft SQL, MicroStrategy & BeX Analyzer is preferred. Proficient in analyzing and summarizing data sets; ability to consolidate multiple sources of information/ analyses into a cohesive story/ recommendation. Ability to build and maintain strong professional relationships is necessary. Basic presentation skills are necessary. Strong attention to detail balanced by ability to see big picture is key. Intermediate skills with Microsoft office, including Word, Excel and PowerPoint are required. Ability to use pivot tables, v-lookups, index match, formulas and statistical functions are strongly preferred. This position requires excellent communication, interpersonal and customer service skills. The ability to work efficiently and accurately under pressure, meet deadlines, present a professional demeanor and work well independently is essential. Customer service skills including the ability to manage and respond to different customer situations while maintaining a positive and friendly attitude is essential. In addition, troubleshooting, organizational and problem solving skills with a can-do attitude and the ability to adjust to changing requirements are essential. Treating others with respect and upholding Company values is key. Educational Requirements This position requires a bachelor's degree in Business, Finance, Economics, Statistics, Marketing, Management, Advertising, Communications, or related field, or equivalent experience. Work Days Normal work days are Monday through Friday. Occasional Saturdays and Sundays may be necessary. Work Hours Normal work hours are 8:00 a.m. to 5:00 p.m. Additional hours may be necessary. Discount Tire provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local law. #J-18808-Ljbffr
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