Pricing Analyst

Job Description About Advance Auto Parts Founded in Roanoke, VA in 1932, Advance Auto Parts is a leading automotive aftermarket retail parts provider that serves both professional installer and do-it-yourself Customers. As of July 13, 2019, Advance operated 4,912 stores and 150 Worldpac branches in the United States, Canada, Puerto Rico, and the U.S. Virgin Islands. The Company also serves 1,250 independently owned CARQUEST branded stores across these locations in addition to Mexico, the Bahamas, Turks, and Caicos and the British Virgin Islands. The company has a workforce of over 70,000 knowledgeable and experienced Team Members who are proud to provide outstanding service to their Customers, Communities, and each other every day. About AAP Global Capability Center We are continually innovating and seeking to elevate the Customer experience at each of our stores. For an organization of our size and reach, today, it has become more critical than ever, to identify synergies and build shared capabilities. The AAP Global Capability Center, located in Hyderabad, is a step in this strategic direction that enables us to access a larger talent pool, unlock operational efficiencies and increase levels of collaboration About Pricing Team The Pricing team is growing its presence in India to help expand our technical, brand, and analytical capabilities across the enterprise. This is a fantastic opportunity to join a team of highly specialized and focused individuals dedicated to driving our brand marketing and eCommerce outcomes in a collaborative environment. Join the Pricing team and start reimagining the future of automotive retail. Disrupt the way consumers buy Auto Parts and join a fast-growing eCommerce team to take on the industry’s biggest challenges. The focus here is on our customers -- how we make them happy, earn their trust, and create loyalty. We want to expand our best-in-class data science capability to predict consumer behavior and ensure we are getting the right return on our investments. Ultimately, the Pricing team is responsible for rapidly developing and deploying solutions that will drive the customer experience and, ultimately, enhance our bottom line as an organization. Roles and Responsibilities: • Support senior insights analysts and leadership in generating insights from the data to execute the right pricing decisions across multiple channels and discover opportunities of optimizing the pricing strategies • Work with category managers and pricing strategy analysts to suggest/implement pricing and discounting strategies for various business categories. • Comprehend the business requirements and formulate the simple mathematical models to develop the solutions for retail pricing business, competitive intelligence, price elasticity, customer segmentation and discounts analysis etc. • Use multiple data systems, tools, platforms to analyze the key business trends, formulate hypothesis and present meaningful business insights to pricing leadership team. • Effectively Communicate with multiple stakeholders while owning various business initiatives and delivering the quality output. • Support any price and cost change execution and competitive moves execution requirements related to assigned categories Requirements : • 2 to 4 years of relevant business and data analysis experience in retail/ecommerce/ pricingpromotion/merchandising analytics • MBA or Masters in Mathematics/Computer Science/Industrial Engineering/Finance from a reputed institution with good academic record. • Should be a quick learner to understand simple and complex pricing policies and it’s potential impact on key business metrics • Strong business acumen to understand the retail and merchandizing functions. • Excellent communication and collaborative skills with the ability to work in cross functional multi- cultural global teams • Excellent data analytical skills and ability to formulate the problem from various business scenarios • Should be a result-oriented problem solver who can collaborate across teams and functions to find solutions to any technical or functional problems. • Ability to generate actionable insights from the analysis of data and measurement of key metrics • Ability to optimize existing business processes and provide thought leadership for design and implement new solutions California Residents click below for Privacy Notice: