What are the responsibilities and job description for the Strategic Pricing Analyst position at Sprouts Farmers Market?
Please note this position is based in our Phoenix, AZ Support Office. This is an exciting opportunity to join a dynamic, innovative, and growing team that will play a key role in driving profit growth for Sprouts. The Sprouts Merch Planning, Pricing & Analytics team is chartered with driving growth and profitability through designing business processes, reports, and insights that are scalable, analytically robust, and increasingly data-driven.
The Strategic Pricing Analyst will partner with Merchandising, Planning, and other key stakeholders to drive sales growth, profit, customer engagement, and longer-term customer price/value perception. This person, and the Strategic Pricing team, will accelerate the adoption of pricing tools & processes, execute price changes in pricing systems, and implement a pricing recommendation system which maximizes company and category financial and strategic objectives.
Overview of Responsibilities
- Analyze market trends, product volume, margin, prices and promotional strategies, competitive data, and provide recommendations to key stakeholders.
- Partner with Category Management to understand product characteristics and relationships. Perform detailed analysis to optimize prices for merchandising categories. Track and measure incremental sales and margin.
- Create innovative and optimal analytical solutions using decision modeling, and collaborative partnerships to drive pricing strategy initiatives.
- Generate, analyze, and distribute key business reports; review weekly, monthly and quarterly results, and provide stakeholders with key findings and recommendations.
- Effectively present recommendations to colleagues for review and to all levels of the organization using various modes of communication/presentation.
- Monitor and ensure decisions are in compliance with pricing strategy
Qualifications
- Bachelor’s Degree in Business Administration, Finance, Economics, Statistics, Accounting, or a related field is required.
- Minimum experience: 3 years strategic pricing/analytical experience in in retail/CPG/services industries, merchandise planning, category management, or retail consulting
- Analytical mindset with detail orientation and entrepreneurial work ethic – in short, a “general athlete”
- Comfortable manipulating large amounts of data and problem-solving, generating impactful recommendations – bringing insights to action
- Highly adept in various systems, including superior Excel and PowerPoint skills
- Familiarity with databases such as MS SQL Server, Oracle etc nice to have but not required.
- Demonstrated skill with root cause analysis; able to spot when something isn’t quite right and audit with limited guidance
- A structured and creative thinker, able to toggle easily between the big themes and the little details
- Strong communication skills and ability to influence
Benefits
In addition to a rewarding career, Sprouts offers a comprehensive program to help support you and your family. These programs include:
- Competitive pay
- Sick time plan that you can use to support you or your immediate families health
- Vacation accrual plan
- Opportunities for career growth
- 15% discount for you and one other family member in your household on all purchases made at Sprouts
- Flexible schedules
- Employee Assistance Program (EAP)
- 401(K) Retirement savings plan with a generous company match
- Company paid life insurance
- Contests and appreciation events throughout the year full of prizes, food and fun!
Eligibility requirements may apply for the following benefits:
- Bonus based on company and/or individual performance
- Affordable benefit coverage, including medical, dental and vision
- Health Savings Account with company match
- Pre-tax Flexible Spending Accounts for healthcare and dependent care
- Company paid short-term disability coverage
- Paid parental leave for both mothers and fathers
- Paid holidays
Get Paid Every Day!
Sprouts Farmers Market offers DailyPay - if you’re hired as an eligible employee, you’ll be able to transfer the money you’ve already earned at no extra cost, and get it the next business day, for free. We offer DailyPay so you don’t have to wait for payday to access the money you’ve already worked for. With DailyPay, you can see how much you’ve made every day and you can transfer your money any time before payday.
You can learn more by visiting https://www.dailypay.com/partners/sprouts-farmers-market/.
Why Sprouts
Grow with us!
If you have a passion for inspiring people and a flair for fresh food, consider applying for a job at Sprouts! With a focus on customer service, our neighborhood grocery stores offer high-quality, farm fresh produce, natural meats, plenty of scoop-your-own bulk goods and much more in a fun, friendly, old-fashioned farmer’s market setting. Come grow your career in healthy living with a fast-paced, rapidly growing company and teams that pride themselves on empowering others along their journey.
The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties, responsibilities, and requirements. Sprouts’ management reserves the right to amend and change duties, responsibilities, and requirements to meet business and organizational needs as necessary.
Sprouts will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance in Hiring Ordinance.
California Residents: We collect information in accordance with California law, please see here for more information.
