$100K — $150K *
Purpose of Role:
Category Pricing Strategy:
Under Category Pricing Strategy the primary purpose of this role is to develop and deliver pricing strategies, recommendations and guardrails for all product categories for their assigned merchandising division. Their primary focus will be on creating, updating, and optimizing pricing recommendations aligned with the Lowe's enterprise pricing framework development. The pricing manager will ensure that all financial and business targets are achieved for their merchandising area and that they are seen as a true partner and subject matter expert within the Merchandising organization.
Under strategic initiatives the Manager Pricing will identify and lead key projects that drive forward strategic priorities for Lowe's, including but not limited to, Markdown optimization, Localization strategies, and/or Pro share. This role is charged with understanding customers' values, business strategies and determining optimal approaches for meeting their needs. Each project will be tailored to achieve the desired goals, and through this role, the Manager will provide leadership and guidance to the team. This role will identify project risk and work with cross functional teams to develop mitigation plans. This position will identify key tollgates and communicate regularly status updates to senior leadership.
Analytics & Insights:
Under Analytics & Insights the primary purpose of this role to develop and execute a pricing analytics and science roadmap for Lowe's. This role will lead a team of onshore and offshore analysts to apply advanced analytical concepts in support of designing and executing Lowe's pricing strategy. This team will assist Lowe's in understanding the effectiveness of various strategies and promotions and will partner closely with Technology to develop tools and capabilities for use by the Pricing organization. Lastly, this team will provide insights gathered from the data that can be applied to pricing strategies for competitive advantage.
Valid through: 12/17/2020