(USA) Senior Manager I, Pricing

Position Summary...

What you'll do...

Develops and modifies comprehensive retail pricing strategies of moderate complexity, based on volume, product lines, competition, or category penetration for assigned categories by

• determining known value items to be included in strategy
• benchmarking comparable items sold by competition
• comparing current gap versus key competitors
• determining perceptible gap
• utilizing Walmart pricing systems to develop, improve, or modify strategy to maximize profit margin
• ensuring strategies meet category and company objectives and recommending promotion pricing strategies.

Manages the analysis of performance of the current pricing strategy for low complexity categories with management guidance by

• reviewing current information on sales, profits, margins, in-stock, mark-up, and mark-down and maintaining up-to-date statistics based on defined performance metrics.

Benchmarks competitor margins against company margins to ensure fair supplier pricing by

• evaluating trade fund allocation and cost components
• obtaining cost increase justifications and conducting market track analysis to determine on-sale and off-sale mix of competitors.

Manages the communication of pricing information and strategies for medium complexity categories by

• presenting information to the category team or category team leadership to persuade and influence others towards recommended pricing strategies
• serving as a spokesperson on Walmart's competitive price gap and strategy performance on items in assigned categories and providing clear performance measures of executed strategy to multiple levels of management.

Manages the execution of promotional pricing strategies for assigned strategic business units by

• collaborating with cross-functional partners to create promotional strategies and events
• participating in item selections and pricing validation
• validating item information and advertised pricing
• evaluating item selections and ensuring consistency and compliance with applicable laws, company philosophy, and pricing strategies; determining needed changes
• determining solutions to adapt to changing business needs
• utilizing systems to enter item data
• collaborating with internal teams to ensure system functionality
• troubleshooting system issues
• ensuring system functionality at store-level and resolving issues.

Drives the execution of multiple business plans and projects by

• identifying customer and operational needs
• developing and communicating business plans and priorities
• removing barriers and obstacles that impact performance; providing resources
• identifying performance standards
• measuring progress and adjusting performance accordingly
• developing contingency plans and demonstrating adaptability and supporting continuous learning.

Provides supervision and development opportunities for associates by

• selecting and training; mentoring; assigning duties
• building a team-based work environment
• establishing performance expectations and conducting regular performance evaluations
• providing recognition and rewards
• coaching for success and improvement and ensuring diversity awareness.

Promotes and supports company policies, procedures, mission, values, and standards of ethics and integrity by

• training and providing direction to others in their use and application
• ensuring compliance with them and utilizing and supporting the Open-Door Policy.

Ensures business needs are being met by

• evaluating the ongoing effectiveness of current plans, programs, and initiatives
• consulting with business partners, managers, co-workers, or other key stakeholders
• soliciting, evaluating, and applying suggestions for improving efficiency and cost-effectiveness and participating in and supporting community outreach events.

#LI-JR5

Live our Values

Culture Champion

• Models the Walmart values to foster our culture; holds oneself and others accountable; and supports Walmart’s commitment to communities, social justice, corporate social responsibility, and sustainability; maintains and promotes the highest standards of integrity, ethics and compliance.

Servant Leadership

• Acts as an altruistic servant leader and is consistently humble, self-aware, honest, and transparent.

Embrace Change

Curiosity & Courage

• Demonstrates curiosity and a growth mindset; fosters an environment that supports learning, innovation, and intelligent risk-taking; and exhibits resilience in the face of setbacks.

Digital Transformation & Change

• Seeks and implements continuous improvements and encourages the team to leverage new digital tools and ways of working.

Deliver for the Customer

Customer Focus

• Delivers expected business results while putting the customer first and consistently applying an omni-merchant mindset and the EDLP and EDLC business models to all plans.

Strategic Thinking

• Adopts a holistic perspective that considers data, analytics, customer insights, and different parts of the business when making plans and shaping the team’s strategy.

Focus on our Associates

Diversity, Equity & Inclusion

• Identifies, attracts, and retains diverse and inclusive team members; builds a high-performing team; embraces diversity in all its forms; and actively supports diversity goal programs.

Collaboration & Influence

• Builds strong and trusting relationships with team members and business partners; works collaboratively and cross-functionally to achieve objectives; and communicates with energy and positivity to motivate, influence, and inspire commitment and action.

Talent Management

• Creates a discipline and focus around developing talent, promotes an environment allowing everyone to bring their best selves to work, empowers associates and partners to act in the best interest of the customer and company, and regularly recognizes others’ contributions and accomplishments.

Minimum Qualifications...

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

As permitted by applicable law, provide evidence of full vaccination as defined by CDC guidelines OR secure approval of medical or religious accommodation for the vaccination mandate., Minimum Qualifications: Bachelor’s degree in Economics, Accounting, Finance, Business, Marketing, or related field and 3 years’ experience in merchandising, retail pricing, sourcing, operations management, finance, marketing, or related area OR 5 years’ experience in merchandising, retail pricing, sourcing, operations management, finance, marketing, or related area.

Preferred Qualifications...

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

Microsoft Office, Supervising AssociatesMasters: Accounting, Masters: Economics, Masters: Finance, Masters: Marketing

Primary Location...

2608 Se J St, BENTONVILLE, AR 72712, United States of America