Director of Pricing and Report

The Pricing and Reporting Director will lead the development of our pricing strategy and analysis in support of merchandising, marketing and operations teams to achieve our overall business goal of profitable growth.   The Pricing and Reporting Director is responsible for leading a Team to analyze industry and consumer trends, developing long-term strategies for pricing and analytics. Responsible for ensuring consistent review and analysis of leading indicators for consumer and industry trends, the Director will maximize consumer appeal through pricing, promotion, and product range management. This position reports directly to the Sr. Director, Supply Chain and Category Management.Essential Functions:Develop and implement short and long-term pricing strategies to meet business goals and department-specific KPIs.Conduct pricing analyses to inform, develop and implement pricing strategy for our products.Create models to assess price elasticity and identify opportunities to optimize pricing to increase profitability. Own the process of developing pricing programs, supporting such proposals with internal and external analytics, and ensure effective implementation working with cross-functional teams.Work with IT and data analytics team to develop and maintain market analysis to assess pricing strategy against industry data to identify market opportunity. Analyze data or insights to determine industry and consumer trendsExtensive experience in understanding consumer needs; determine how we can better effect pricing strategies to improve across all categoriesAbility to work in a retail environment and identify opportunities and solutions.Devise long-term development strategies for all product categoriesFoster trust relationships with vendors to achieve better pricing and quality of servicesDetermine the positioning of a product category to maximize visibility to increase sales and GMROI.Liaise with marketing teams to determine competitive promotional activities of a product category.Collaborate with other departments such as sales, legal, Inventory and senior management.Responsible for reporting results and updates to Senior Management on a regular basis, comparing costs, impact, and service level improvements.Make forecasts for product demand to ensure the sustainability of inventoryPerform other duties as assigned