- Price Optimization: Recurring work to influence strategic initiatives that result in NSV and profit optimization in an environment of fast changing costs
- Strategic pricing reviews and recommendations to offset cost inflation
- Evaluate portfolio price curves and recommend price slopes that maximize segment sales through price adjustments reflective of market elasticities and product interactions
- Price Pack Architecture: Project work focused on innovation and existing items to build price curves that maximize sales
- Market Share Growth: Influence key stakeholders via tools, insights and presentations to drive price actions that deliver market share growth based on evolving market conditions
- Identify white space, influence innovation, and establish new product pricing to fill price pocket voids that represent business growth opportunities
- Bachelor's degree in Finance, Strategy, Business Administration, Marketing, Data Science, or related field
- Minimum of 5 years of commercial experience - Sales, Marketing, Trade Marketing, Category Management
- Minimum of 2 years of applied analytical experience – finance, trade finance, market research, revenue management
- Presentation skills – Manager needs to drive and enable change through compelling insights, supported by short, easy to understand data driven presentations
- Strong understanding and experience using syndicated data such as A.C.Nielsen or IRI/Circana
- Strong financial acumen
- Demonstrated ability to work with cross-functional teams
- Data analytics experience
- Experience with innovation, from concept development to production to market delivery
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revenue management pricing manager - HUNT VALLEY, United States - McCormick & Company
Description
You may know McCormick as a leader in herbs, spices, seasonings, and condiments – and we're only getting started. At McCormick, we're always looking for new people to bring their unique flavor to our team.
McCormick employees – all 14,000 of us across the world – are what makes this company a great place to work.
We are looking to hire a Revenue Analytics Manager immediately in a Hybrid (50/50) capacity at our Global Headquarters in Hunt Valley, Maryland.
What We Bring To The Table:
The best people deserve the best rewards. In addition to the benefits you'd expect from a global leader (401k, health insurance, paid time off, etc.) we also offer:
• Competitive compensation
• Career growth opportunities
• Flexibility and Support for Diverse Life Stages and Choices
• We prioritize our communities and the planet we share. We are proud to be awarded as a Diversity Inc. Top 50 company for Diversity and have multiple Sustainability awards (ranking #22 in the World and #1 in Food Products)
• Wellbeing programs including Physical, Mental and Financial wellness
• Tuition assistance
Pricing Analytics Manager
The Revenue Management Pricing (Analytics) Manager will be responsible for working with Marketing and Commercial Finance to set and track the impact of base price and base price changes through the application and development of business analytics tools for Price Optimization.
RESPONSIBILITIES
REQUIRED QUALIFICATIONS
PREFERRED QUALIFICATIONS
#LI-SM1
McCormick & Company is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.
As a general policy, McCormick does not offer employment visa sponsorships upon hire or in the future.
