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Director - Pricing Strategy & Technology
CVS Health Corporation
Woonsocket, RI, United States
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Position Summary
As the Director of Pricing Strategy &Technology, you will play a key role within the Front Store Retail Pricing& Analytics team. In this role, you will be responsible managing ourfront store pricing application and competitive data needs to support our frontstore, digital and omnichannel pricing strategies.
Working in close collaboration with our softwareprovider and internal IT partners, you will support the base functionality aswell as ensure that any changes or enhancements to our strategy will be fullyintegrated and supported by our pricing application.
Additionally, a key responsibility will be to leveragethe advanced capabilities and insights from the pricing application to drivestrategy adjustments and innovations that further optimize sales and margin.
As a member of the Front Store Pricing Team, youwill join a talented group of Pricing Associates, Analysts and Managers,focused on continuously evolving our pricing strategy, leveraging innovativetools and robust data to optimize our retail pricing and help support thegrowth of our overall business.
Additional responsibilities of the Director ofPricing Strategy & Technology include:
Manage our competitive shop budget, suppliers andoverall data needs; identify potential new sources of competitive data andopportunities to optimize our spend.
Leverage the new pricing application to monitorand develop reporting on competitive pricing trends and price change history.
Develop forward-thinking pricing strategies and applicationsolutions to advance the overall business and support initiatives includingomnichanne pricing, new markets, unique store clusters, personalization,CVS.com and more.
Develop knowledge of customer shopping behaviors,customer segmentation, category strategies, and key business drivers as inputsto our pricing strategy.
Develop deep understanding of category financiallevers including sales, markdowns, funding, and profitability as inputs to ourpricing strategy.
Continually evaluate competitors andmarketplace dynamics to assess the impact on CVS business and develop relatedpricing strategy recommendations.
Track key business metrics (e.g. Sales, share,value perception, margin, customer attributes, etc.) to continually evaluateand refine our pricing strategies.
Anticipate marketplace events and develop what-ifscenarios to address changing business dynamics.
Lead and/or contribute to internal pricingdepartment and/or cross-functional projects that may include processimprovement, technology development, marketing communications, store execution,etc.
Required Qualifications
6+ years of experience in project leadership, business analysis, and strategy development in a retail, consulting, or consumer-packaged goods environment.
3+ years of hands-on experience of data analysis, using any of the quantitative tools (SQL, SAS, R, python etc.) with strong knowledge of extracting and manipulating data.
2+ years of analytic team management/leadership experience, with demonstrated growth and responsibility over time.
Preferred Qualifications
Outstanding strategic thinking and analytical skills.
Demonstrated ability to synthesize facts and insights into concrete, actionable recommendations.
Strong project leadership skills, with the ability to prioritize and deliver on multiple concurrent initiatives that have significant financial impact.
Excellent communicator, both verbal and written, with the ability to influence at all levels of the organization.
Ability to manage multiple priorities and drive tasks to completion within deadlines with a high degree of accuracy in a fast paced environment.
Education
Bachelor’s degree in Business, Statistics, Mathematics or Quantitative Economics required, Master’s degree a plus
Business Overview
CVS Health, through our unmatched breadth of service offerings, is transforming the delivery of health care services in the U.S. We are an innovative, fast-growing company guided by values that focus on teamwork, integrity and respect for our colleagues and customers. What are we looking for in our colleagues? We seek fresh ideas, new perspectives, a diversity of experiences, and a dedication to service that will help us better meet the needs of the many people and businesses that rely on us each day. As the nation’s largest pharmacy health care provider, we offer a wide range of exciting and fulfilling career opportunities across our three business units – MinuteClinic, pharmacy benefit management (PBM) and retail pharmacy. Our energetic and service-oriented colleagues work hard every day to make a positive difference in the lives of our customers.
CVS Health is an equal opportunity employer. We do not discriminate in hiring or employment against any individual on the basis of race, ethnicity, ancestry, color, religion, sex/gender (including pregnancy), national origin, sexual orientation, gender identity or expression, physical or mental disability, medical condition, age, veteran status, military status, marital status, genetic information, citizenship status, unemployment status, political affiliation, or on any other basis or characteristic prohibited by applicable federal, state or local law. CVS Health will consider qualified job candidates with criminal histories in a manner consistent with federal, state and local laws. CVS Health will not discharge or in any other manner discriminate against any Colleague or applicant for employment because such Colleague or applicant has inquired about, discussed, or disclosed the compensation of the Colleague or applicant or another Colleague or applicant. Furthermore, we comply with the laws and regulations set forth in the following EEO is the Law Poster: EEO IS THE LAW and EEO IS THE LAW SUPPLEMENT
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