Pricing Planner

Company: DESIGN WITHIN REACH
Location: Stamford
Posted on: May 28, 2023

Job Description:

Why join us? At Design Within Reach, home comes first. We believe in creating and sourcing pieces that move with you and are meant to be enjoyed over a lifetime from home to home, generation to generation. For us, that means exceptionally crafted, built-to-last, and beautifully designed furnishings. Our purpose is to design for the good of humankind. It's the ideal we strive toward each day in everything we do. Being a part of Design Within Reach means being a part of something larger than your work team, or even your brand. We are redefining modern for the 21st century. And our success allows Design Within Reach to support causes that align with our values, so we can build a more sustainable, equitable, and beautiful future for everyone. The Pricing Planner drives profitability by identifying and capitalizing on pricing opportunities. The Pricing Planner will develop the retail pricing process, calendar and strategy. This pricing leader will use data and analytics to define the pricing strategy globally and help shape tactical promotional execution through both traditional and innovative pricing approaches. This role will report into the Vice President of Planning, Pricing & Allocations. RESPONSIBILITIES Creates, oversees, and monitors pricing tools, models, databases, and other components of relevant pricing processes to inform innovative strategic pricing concepts and strategic pricing decisions. Drive process improvements and innovation; apply and maintain best practices for insights, policies, concepts, and tools. Drive results in a matrixed organization through influence and collaboration. Engage with merchant, buying, planning and finance teams to build and develop internal insights and analysis capabilities to assess performance. Identify market and product opportunities and downsides in the context of pricing, sales growth, and profitability. Provide well-reasoned pricing change recommendations to leaders across the retail organization. Lead pricing planning and forecasting activities, including price increases and SKU rationalization. Work with product management and other business systems teams to implement pricing changes. Monitors the competitive landscape in terms of pricing and promotions. Conduct qualitative and quantitative market research related to competitive landscape and industry benchmarking as needed. Share insights and recommendations with product leadership to help inform strategic planning and product decision-making. Support internal requests for pricing analysis and guidance. Maintain history of item-level price changes and a summary of monthly changes. Report on sales and margin results of pricing changes and impact to the department and company. Analyze results of past promotions and identify key levers to drive average order value. Identify ideal product mix of entry, mid, high price point to support the consumer preferences by location. Performs additional responsibilities as requested to achieve business objectives. QUALIFICATIONS Bachelor's Degree in Business, Finance, Accounting or related field, or an equivalent combination of education and experience. 5-7 years business experience with planning, pricing, analytical and reporting experience, or equivalent combination of education, training, and experience. The candidate must have particular strength with financial modeling, pricing and commercial diagnostics, and sales & operations. Extensive prior experience in planning or pricing, with relevant experience in developing tools, models, databases, systems and other components of relevant pricing processes. Proven track record of advanced problem-solving skills with the ability to identify, define, and resolve problems, complete projects in a timely manner, and create programs. Analytical skills necessary to analyze problems, draw insights / derive implications from analyses, and generate new ideas and solutions. Ability to translate data, into meaningful descriptive graphs and visuals, as well analyze the data and communicate to key stakeholders whereby actionable steps can be recommended. Exceptional communication and collaboration skills across all levels of an organization. Ability to work with cross-functional teams. Who We Hire? Simply put, we hire everyone. Design Within Reach is comprised of people of all abilities, gender identities and expressions, ages, ethnicities, sexual orientations, veterans from every branch of military service, and more. Here, you can bring your whole self to work. We're committed to equal opportunity employment, including veterans and people with disabilities. Employment Type: Full Time

Keywords: DESIGN WITHIN REACH, Stamford , Pricing Planner, Other , Stamford, Connecticut