IND_ Sr Pricing Analyst

About Lowe’s

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. With total fiscal year 2022 sales of over $97 billion, approximately $92 billions of sales were generated in the U.S., where Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts.

For more information, visit Lowes.com.

About Lowe’s India: At Lowe's India, we are the enablers who help create an engaging customer experience for our $97 billion home improvement business at Lowe's. Our 4000+ associates work across technology, analytics, business operations, finance & accounting, product management, and shared services. We leverage new technologies and find innovative methods to ensure that Lowe's has a competitive edge in the market.

To know more about Lowe's India, visit Lowes.co.in.

About the Team: The pricing team supports pricing managers in optimizing different pricing strategies for various product categories across channels. The team also provides reporting support for tracking and measurement along with driving rapid insights. The team leverages data analytics to forecast/measure the impact of pricing actions, recommend data driven price changes and identify sales/margin opportunities to achieve category wise goals.

Job Summary

The ‘Sr. Analyst – Pricing’ is responsible for strategic price test development, Data driven price change recommendation & measurement, and ad hoc work supporting Lowe’s strategic pricing efforts. In this role, the Sr Analyst will be assisting the Sr. Pricing Analysts & Pricing Managers in developing, modeling, communicating, and tracking performance of new initiatives related to Pricing.

Roles & Responsibilities

Core Responsibilities:

• Responsible for providing cluster-specific data analytics, including development and deployment of necessary dashboards, reporting & insights.
• Research, design, and develop applicable statistical approaches/models for specific business problems (Price Testing, Price Change, Postmortem & Category review).
• Design and develop processes to gather, explore, structure, enrich, and clean large datasets from various internal and external sources.
• Leverage Item role designation (Key Value Item (KVI), Head, Core & Tail) models in support of Role of Category and Intent objectives to develop insights.
• Develop scalable retail test processes and frameworks for design of experiment, test v/s control testing, baseline development, assessment, and recommendations.
• Analyse Competitor demographics & performance for pricing across key categories.
• Ad Hoc reporting and analysis for Pricing team.
• Develop executive-ready presentations synthesizing multiple data sets to effect a new decision related to Pricing
• Must possess a strong understanding of the business in order to provide effective solutions that meet the customer’s needs and the ability to drive a concept from vision to completion with limited direction
  
  

Years Of Experience

• 3-6 years of relevant experience
  
  

Education Qualification & Certifications (optional)

Required Minimum Qualifications

• Bachelor's Degree plus 3+ years’ experience in an analytical role OR 6+ years of relevant experience in a professional environment
  
  

Skill Set Required

Primary Skills (must have)

• Bachelor's degree in business, Engineering, Statistics, Economics, or any other Quantitative discipline plus 3+ years’ experience in analytical role
• Experience in Data mining and visualization tool such as Power BI, Excel, GCP, and SQL (ETL)
• Strong analytical skills with demonstrated ability to accumulate, evaluate, and generate insights from disparate data sources. Capable of summarizing vast amounts of information as well as understanding the detail supporting the analysis
• Story building with data – Presentations that depict results in a way that can be shared across levels & actionable insights
• Experience in statistical concepts/modeling
• Process Improvement/Automation experience
• Ability to handle multiple tasks simultaneously
  
  

Secondary Skills (desired)

• Technical expertise in Tableau, Knime, Power Automate
• Experience in Python, statistical concepts/modeling
• Experience in Pricing Analytics or Marketing Analytics or Retail Analytics
• Experience working in Global Operating Model
• Project Management experience
  
  

Lowe's is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.

Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit https://talent.lowes.com/us/en/benefits.