Position Summary...

Reporting to the Director, Pricing Strategy and Analytics, Senior Manager, Price Strategy is responsible for overseeing the development, implementation, and communication of Walmart's pricing strategies across all business units in partnership with the Price Activation and Marketing teams. Specifically, this role will set the corporate promotional guardrails, recommend, and forecast promo space allocation and offer recommendation for the business. The successful candidate will be highly analytical in pricing and promotions and have strong working knowledge of revenue growth management and sales strategy.

What you'll do...

• Strategic Planning: Develop and implement comprehensive pricing and promotional strategies that align with organizational goals and customer expectations. Tasks include setting corporate promotional space allocation, recommending pricing and promotional strategies with P/L forecasts to core merchandising teams, and enforcing pricing and promotional guardrails across merchandising business units.
• Leadership: Coach and mentor, a team of strategy and analytic managers to develop and deliver strategies, recommendations, thought leadership through analytic support and content based on prioritized projects across the operating year.
• Corporate Pricing Intelligence: Generate portfolio pricing insights and forecasts that support core merchandising price and promo activations. Own regular communication channels with Price Activation partners by defining scope, requirements, and key success metrics. This includes performing analysis, translating data into implications, and answering business questions (hypothesis testing, story building, and communication to stakeholders).
• Price Optimization: Drive price leadership by continuously ensuring analytic frameworks, models, and processes are best-in-class across the competitive landscape. Continuously calibrate standards and guardrails to ensure our pricing standards drive merchandising strategic objectives. This includes but is not limited to analytic models used to define and calibrate item segmentations and pricing and promotional guardrails.
• Performance Reporting: Control and publish pricing and promotional metrics, scorecards, and competitive insights to the organization that monitor and measure pricing strategies to targets. Prepare detailed reports on pricing strategies and their impact, and present these to senior leadership and stakeholders.
• Inform Product Strategy and Data Science team on business requirements product roadmap and backlog feature enhancement requirements for ongoing business needs. Participate in UAT testing for pricing tools and feature enhancements before deploying to broader business stakeholders.
• Cross-Functional Collaboration: Leverage and partner with US as well as internationally to share best practices. Be the subject matter expert in Walmart Canada, build expert knowledge among cross-functional business areas to support the implementation of projects. Manage multiple high priority projects at the same time, drive meetings to reach an agreement and decide next steps, align on tasks and ownership, deliver tasks owed on time or follow up with owners to deliver project on time.
• Coaching:Hire and nurture talent to build a high performance team; manage analytic providers (internal and external), their budgets, including the negotiation of deliverables, day-to-day service agreements, and the management of issues and additional ad hoc needs. Ensure team members are enabled to deliver and have resources to support both internal strategies as well as merchandising requirements.

Qualifications:

• Minimum education required: Post-Secondary Education in Business / Science / Engineering or related field
• Minimum 7 years of increasing responsibility in merchandising and/or pricing strategy and implementation
• Exceptional storytelling skills with a proven ability to successfully influence and manage stakeholder engagement
  • Methodical and strategic thinker who deploys sound frameworks to problem solve and solution concepts for testing and development
  • Loves connecting the dots through data and motived to develop technology to augment business processes and decision making
  • Results oriented leadership style with a keen ability to motivate a team to operate in an agile environment and act with urgency
  • Strong comfort analyzing various data sets (loyalty data, syndicated data such as NielsenIQ, webscrapped data, internal sales and finance data, shopper panel data, etc)
  • Sense of urgency and resourcefulness
  • Attitude to learn new and challenging work
• Strategic thinking, Framework, and methodology building
• Problem Solving
• Presentation building
• Process mapping
• Retail / Omni-channel strategy implementation experience
• Regular Pricing and Promotions knowledge
• Other retail functions like marketing, merchandising, finance
• Ability to manage and lead others in an agile environment
• Attitude to learn new and challenging work
• Excellent communication skills, such as verbal, written and ability to present complex ideas in a simple and concise manner.
• Ability to influence leadership and key stakeholders using business cases and data insights
• Demonstrated leadership capabilities including people development / coaching and objective setting and evaluation
• Detail oriented and ability to adapt to a quickly changing, fast-paced environment
• Ability to manage multiple projects concurrently with tight deadlines

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Minimum Qualifications...

Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.

Preferred Qualifications...

Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.

Walmart will accommodate the disability-related needs of applicants and associates as required by law.

Primary Location…

1940 Argentia Rd, Mississauga, ON L5N 1P9, Canada

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