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Director - Pricing Advisory
- Michaels (Carpenter, IA)
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Support Center - Irving
Director – Pricing Advisory is part of the pricing team. This team provides direct support to the merchant team with regards to regular, promotional, and clearance pricing. This position will directly manage a portion of the pricing managers as well as coordinate regular and clearance activities across all pricing managers.
Manage Regular and Clearance activity
+ Research and analyze historical information to create strategies and tactics with main goal to increase sales and margin
+ Identify, quantify, and execute regular price changes that will achieve and exceed annual benefit targets
+ Manage to clearance markdown budgets
+ Partner with Merchandising, Marketing, IT, and Stores to execute regular and clearance markdowns
+ Ensure price integrity of regular pricing with regards to brand/private brand, pack size, color, key attributes, etc.
+ Manage competitive shop process and resources
+ Identify and maintain key item and EDV programs to Ensure MIK is positioned appropriately in the competitive market place
Manage Pricing Manager Resources
+ Lead teams to hit and exceed financial goals
+ Develop a strong sense of team / esprit de core
+ Help pricing managers build strong relationships based on trust
+ Help pricing managers leverage analyses that are transparent and understandable to all roles in the organization
+ Oversee pricing manager day to day activities
+ Support pricing managers with difficult analyses or discussions
+ Help manage individual development plans for each resource
Lead successful implementation of strategic pricing projects
+ Identify and implement initiatives that will make existing processes more efficient
+ Identify and implement initiatives that will identify new programs that will deliver a better return on ‘discount spend’
+ Identify and implement processes that should be stopped, outsourced, or automated
+ Manage offshore resource team
Other duties as assigned
Minimum Education
+ MBA or Master’s degree in Quantitative field, such as Finance, Economics, Engineering, Statistics, Business Administration, or Operations Research
Minimum Type of experience the job requires
+ 4-6 years in Business; complex analytical experience is the priority
+ Manager/Sr Analyst role in an analytical function
+ Experience developing a department and process from the ground up
Preferred Type of experience the job requires
+ Retail or consumer products experience a plus
Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.
At The Michaels Companies Inc., our purpose is to fuel the joy of creativity and celebration. As the leading destination for creating and celebrating in North America, we operate over 1,300 stores in 49 states and Canada and online at Michaels.com (http://www.michaels.com./) and Michaels.ca . The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise. Founded in 1973 and headquartered in Irving, Texas, Michaels is the best place for all things creative. For more information, please visit www.michaels.com .
At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit www.michaels.com .
Michaels is an Equal Opportunity Employer. We are here for all Team Members and all** **customers** **to create, innovate and be better together.
_Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL)._
EEOC Know Your Rights Poster in English (https://www.eeoc.gov/sites/default/files/2022-10/22-088\_EEOC\_KnowYourRights\_10\_20.pdf)
EEOC Know Your Rights Poster in Spanish
EEOC Poster Optimized for Screen Readers (https://www.eeoc.gov/sites/default/files/2022-10/EEOC\_KnowYourRights\_screen\_reader\_10\_20.pdf)
Federal FMLA Poster
Federal EPPAC Poster (https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/eppac.pdf)
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