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(Temporary) Analyst - Icons
- Tiffany & Co. (New York, NY)
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Position Overview:
The Analyst will support the Director in new product development and management of the Icons category portfolio. This role will facilitate new product development, establish unit pricing to achieve gross margin objectives, and define the baseline assortment strategy for worldwide retail locations. The Analyst will support and maintain category architectures (new product development roadmaps), ensuring accuracy of information communicated to retail locations and the broader Merchandising Division. The Analyst will be responsible for creating, updating and communicating monthly reports and performing ad hoc analyses.
Key Accountabilities:
New Product
• Owns the creation and maintenance of product plans throughout various stages of development, ensuring accuracy of item detail.
• Ensure critical SKU level details within category architectures are systematically maintained and project milestones are met on a timely basis.
• Research product offerings and to aid with the initiation of new product development to ensure the product strategy remains robust and competitive.
• Analyze classification, price point and sales trends as well as reviewing the competitive market in order to inform decisions on new product introductions.
Pricing:
• Support with execution and implementation of margin reviews and pricing structure strategies to ensure margin requirements are met for the formal price change process.
• Support team in efforts to conduct analysis and gather comparable product information to inform retail, cost and margin targets as well as final retails for new products.
• Support Manager as needed with model pricing scenarios for optimization, validating pricing based on sales volume and margin drivers in order to inform decisions
Lifecycle Management & Assortment Analysis
• Support with delivery and implementation of formal Lifecycle Planning reviews to achieve style count and productivity targets on an annual (or as needed) basis.
• Support the development of reports and presentations, such as collection trend reports and style-outs, that communicate a high-level view of new product introductions and current assortment for meetings and conferences.
• Participate in competitive shopping visits to support key initiative information gathering and research as it pertains to the current assortment.
Cross-Functional Communication
• Maintain and distribute architectures, image grids, weekly/monthly sales dashboards and competitive landscape reporting per the merchandising schedule and as needed.
• Coordinate weekly and monthly distribution and other reporting for Category Management teams as needed.
• Support communication efforts with internal cross functional teams to address and support key initiatives, category assortments, discontinuations, re-classes, pricing, new product plans and new launch strategy materials.
Additional Responsibilities:
• Aid Director in fielding branch inquiries and offering appropriate suggestions in a timely manner.
• Aid with sample management in conjunction with Inventory Control team.
• Assist in preparation product category reviews and conference meeting materials as well as assist with other administrative tasks and projects as needed to respond to business needs.
• Ad-hoc pricing needs such as: determine retail replacement values for products based on current market values (IR only), complete select custom design pricing requests and off-cycle pricing as needed.
Required Qualifications:
+ Excellent analytical skills with the ability to interpret complex data sets using Microsoft Excel
+ Proficient in Microsoft Office applications with ability to learn new software.
+ Ability to be flexible and adapt to changing priorities
+ Acute attention to detail
+ Strategic, full circle thinking
+ Ability to prioritize and meet deadlines
The target rate for this position is $35.00 - $40.00 per hour. The rate of pay offered will be dependent upon candidates’ relevant skills and experience.
**Job Identification** : 61203
**Job Category:** : Merchandising
**Assignment Category** : Temporary Full-time
**Remote Positions** : No
**Professional Experience** : Minimum 3 Years
Equal Opportunity Employer
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