Strategic Pricing Manager - Store Support Office (SSO) - B&Q House Chestnut Avenue Eastleigh, Hampshire SO LE England, United Kingdom - B&Q

Description

About the role

Strategic Pricing Manager

Permanent

£50,000 - £60,000 + Bonus + Pension + BUPA + ShareSave + 6.6 weeks holiday + Hybrid Working (3 days per week in the office)

Southampton, Store Support Office

We believe anyone can improve their home to make life better. From our Southampton Store Support office (SSO) we equip our stores, our people, and our whole business with everything it takes to help our millions of customers create a home they'll love. Join us as aStrategic Pricing Managerand you'll be a big part of this.

Key responsibilities

Reporting into the Head of Range, Space and Channel Planning, You will execute the Pricing process for all categories across B&Q and be accountable for insight, data and governance to inform decision-making on pricing across B&Q.

Applying for the role of Pricing Manager at B&Q offers an exciting opportunity to drive strategic pricing decisions across all categories, contributing directly to the company's commercial success. By ensuring adherence to pricing rules and category assortment principles, the Pricing Manager plays a crucial role in maintaining competitive pricing while maximizing profitability. Additionally, the role involves developing pricing capabilities and fostering collaboration across functions to enhance price perception and value.

The Pricing Manager position promises dynamic challenges and opportunities to shape pricing strategies, manage a team, and conduct thorough competition benchmarking.

Your responsibilities will include:

• Co-creation of the RRPs across all categories in line with Commercial ambition
• Management of B&Q Pricing Analyst
• Competition Benchmarking as well as validating price benchmarking including calculation and tracking of the managing price indices
• Ensure application of pricing rules in conjunction with Category assortment principles and applies a level of governance and advice, to ensure pricing is not counter intuitive to target markets
• Develop pricing capability within by providing common set of frameworks and tools (e.g. Customer Value Perception)
• Lead and organise all Prices nailed price and value perception activity working cross-functionally
• Monitor compliance, Sub Category elasticity and capability in regard to B&Q Pricing.
• Review volume and frequency of proposed exceptions to pricing proposed by Category teams

Required skills & experience

To deliver this role you will have experience in:

• Execution of national pricing in a retail or related environment
• Looking beyond the obvious and being Commercially innovative
• Cross function networking and collaboration building strong relationships with stakeholders across the business, with excellent interpersonal, motivational and organisational skills.
• Highly numerate, logical and have exceptional attention to detail.

Technically strong in at least two of the following:

• Value-based pricing strategy
• Drivers of price perception
• Financial reporting and clear understanding of make-up of net margin

What's in it for me?

As part of a great team, you'll be valued for who you are.We're committed to making B&Q more diverse and representative of the communities we serve, where everyone can feel they belong and have equal opportunities. You will have access to a range of networks that represent our colleagues and allies and help us to continue to put diversity and inclusion at the heart of our business.

We also recognise that wellness means different things to different people, and we want to help colleagues be at their best and feel well by offering a range of benefits to help you. As well as a competitive salary, our benefits package includes an award-winning pension scheme, bonus, ShareSave options, 6.6 weeks holiday, payroll giving, an Employee Assistance Programme, shopping discounts, colleague wellbeing benefits and lots more

So we can support you during the application or interview process, please contact -and- for any recruitment adjustments.