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Price Analyst

Price Analyst

ConfidentialPune, India
6 days ago
Job description

As bp transitions to an integrated energy company, we must adapt to a changing world and maintain competitive performance. Bp's customers & products (C&P) business area is setting up a business and technology centre (BTC) in Pune, India. This will support the delivery of an enhanced customer experience and drive innovation by building global capabilities at scale, demonstrating technology, and developing deep expertise. The BTC will be a core and connected part of our business, bringing together colleagues who report into their respective part of C&P, working together with other functions across bp. This is an exciting time to join bp and the customers & products BTC!

Mobility & Convenience Europe is a leading fuel and convenience retailer with a network of 6000 bp and Aral branded retail sites in eight European markets and a team of around 13,500 colleagues serving millions of customers every day. Our vision is to become first choice for customers, improving our base business and creating our future business all with safety and customer centricity at the heart of what we do.

We are seeking for a Pricebook Analyst ensuring that pricebook is aligned with category roles and the price strategy at site level. The role is ensuring complete and error-free pricing at site level with a focus on category-specific insights, pricing, promotional mechanisms, and corresponding inventory management.

Key Performance Metrics

  • Standard gross margin per category
  • Revenue and volumes per category,
  • Analysis of Price elasticities and
  • margin per unit.

Shift timing -12.00 PM to 9 PM IST

Key Responsibility -

  • Consistent Pricebook incl. execution
  • Contribute to the development, monitoring, and adjustment of store pricing strategies. Make informed pricing decisions that align with business objectives and market dynamics.

  • Price Change Evaluation
  • Assess price change requests by analyzing impact on profit margins, current market conditions, cost of goods sold (COGs), and competitor pricing. Ensure pricing remains accurate and supports targets related to sales performance, gross margin, and strategic pricing principles.

  • Inventory and Promotion Accuracy
  • Support the maintenance of accurate inventory records and pricing data. Ensure an in time and reliable implementation of promotional activities to maintain the consistency of product and pricing databases.

  • Product Lifecycle Management
  • Oversee the introduction and discontinuation of products within the system, ensuring all article master data i.e. cost, purchase price, and selling price remain accurate and consistent.

  • Cross-Functional Collaboration
  • Close collaboration with category management to validate pricing and assortment parameters.

  • System Enhancement and Testing
  • Assist in the design, testing, and implementation of system parameters to support in proper backlog prioritization and new promotional mechanisms and ensure their effective utilization.

  • Demand Forecasting and Planning
  • Closely collaborate with category management ans supply chain in forecasting and planning demand at the SKU level to support inventory, sales optimization and reduction of waste.

    Experience Required -

    Delegations of Authority

    Role includes delegated authority from line manager, with primary focus on making sales price decisions in alignment with the Business Unit (BU) plan.

    Education

    Candidates Should Possess One Of The Following Educational Backgrounds

  • Commercial training with a specialization in financial controlling and analysis
  • Training as an Industrial Business Management Assistant (focus : sales & marketing)
  • Professional Experience

  • A minimum of two years' experience in the retail or marketing sector
  • Commercial experience within a trading environment
  • Exposure to category management (desirable)
  • Advanced skills in MS Office, particularly Excel and Power BI
  • Strong understanding of POS and BOS systems, along with working knowledge of SAP
  • Familiarity with article master data, including mapping structures and hierarchical frameworks
  • Skills and Competencies

  • Good understanding of industry landscape, market trends, customer behavior, competitive dynamics
  • Strong Retail business acumen
  • Analytical skills, with the ability to assess pricing elasticities and cross-selling effects
  • Experience in integrated pricing strategies
  • Competence in data collection and analysis, KPI identification, and performance reporting
  • Effective communication skills
  • A collaborative mindset and the ability to work cross-functionally within the retail organization
  • This role will report to the Pricing Manager & Other Stakeholders-

    Category Team, Supply Chain, Product Owner BOS / POS, Marketing Team, Finance

    Why Join our team

    At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly. Diversity Statement : At bp, we provide an excellent environment and benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others!

    Diversity sits at the heart of our company and as an equal opportunity employer, we stay true to our mission by ensuring that our place can be anyone's place. We do not discriminate based on race, religion, colour, national origin, gender and gender identity, sexual orientation, age, marital status, veteran status or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application and interview process, to perform crucial job functions, and to receive other benefits and privileges of employment.

    Skills Required

    Sap, Power Bi, Excel, Ms Office

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