Senior Analyst-Pricing & Promotions

About Lowe's

Lowe's Companies, Inc. (NYSE : LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Bengaluru, Lowe's India develops innovative technology products and solutions and delivers business capabilities to provide the best omnichannel experience for Lowe's customers. Lowe's India employs over 4,200 associates across technology, analytics, merchandising, supply chain, marketing, finance and accounting, product management and shared services. Lowe's India actively supports the communities it serves through programs focused on skill-building, sustainability and safe homes. For more information, visit, www.lowes.co.in.

Job Summary

The primary purpose of this role is to deliver Omni-channel pricing integrity through processes that ensure accurate execution and legal compliance of pricing and promotion changes, the tab pricing process and review, and communication of advertised prices. This includes responsibility for coordinating and enforcing company processes, procedures, standards, and controls relative to all proposed promotional events such as special value, percent off, buy one get one, rebates, barcodes, spend & get, and corporately sponsored consumer sweepstakes as well as for creating and validating promotional signage and labels to communicate offer details at point of sale. This role will be also responsible for accurate execution and coordination of pricing strategy in the end-to-end product lifecycle, including base price, price testing, and end of life. This role will partner with strategy and execution leadership in execution of strategic projects and project management efforts.

Key Responsibilities

• Responsible for implementation of pricing and promotions strategy in partnership with cross-functional teams into execution of product lifecycle and all communications.
• Responsible for entering promotional details into key systems and ensuring all details are captured to execute the promotion accurately.
• Identifies opportunity for and implements key project management partnerships and techniques that benefit the successful execution of strategic projects in partnership with cross-functional teams.
• Oversees and executes unique pricing processes (tab, rebate, barcodes, temporary price reductions, etc.), on behalf of merchandising for their assigned business area.
• Ensures proper daily execution of ad collateral requests (example tabs, signage, TV) by reviewing, approving, and updating ads and proofs to confirm pricing presentations meet corporate promotional and pricing guardrails as well as advertising law
• Collaborates with experienced Pricing and Promotion Execution team members, Merchandising, Marketing, Lowes.com, and other relevant Lowe&aposs business areas to ensure the accurate and timely execution of pricing and promotional strategies.
• Communicates with and guides merchants in regards to potential disqualifications and employs innovative tactics to deliver a viable promotional offer that meets all product and pricing data label standards and is consistent across multi-channels
• Works with various pricing systems to accurately execute promotions to multi channels.
• Participates in ongoing efforts of maintenance and enhancement requests and coordinate new releases and training to increase efficiency and pricing accuracy
• Acts as point of contact for all store issues via email relative to promotional events, signage, labels, pricing, and systems
• Researches and responds to questions regarding issues from Merchandising, Marketing, Pricing & Promotion or stores (i.e. manages connections page to communicate with stores regarding promotional signs and prices questions)
• Maintains and manages various promotional databases to enable pricing strategy analysis, pricing execution, access for the field, and communication for promotions on a daily basis
• Provides direction to print vendors on the creation, maintenance, execution and communication of prices for advertised collateral through all stages of the print and signage processes

Qualifications

Education

Required / Preferred Education Level Description

Required Bachelors Degree Business, Marketing or related field

Experience

Required / Preferred Years of Experience Description

Required 2 Years Experience in pricing, merchandising, marketing or finance

6 Years Experience in pricing, merchandising, marketing or finance

Required 1 Year Experience in operational retail processes (e.g., price change implementation, promotional price validation)

Required Proficiency in excel Experience working in home improvement retail

Experience using promotional and / or signage tools (e.g., an ad production system, an on demand signage system)

Experience translating pricing and promotional strategy into tactical processes

Core Behaviors

Focus on Customers - At Lowe's, we put customers first by delivering SMART customer service. I build strong relationships with all customers, deliver solutions that meet their needs and think of new ways to add more value.

Deliver Results - I hold myself and others accountable for delivering results, even through tough circumstances and ongoing change.

Take Action - I take action quickly and push things forward with a sense of urgency and enthusiasm.

Show Courage - I step up to address difficult issues, make tough decisions and bring things up that need to be resolved without fear or hesitation.

Continue Learning - I continuously learn and grow – personally and professionally – to meet my individual and organizational goals. I ensure those around me do the same.

Additional Non-Technical Competencies

Be Resourceful - Securing and deploying resources effectively and efficiently.

Communicate Effectively - Developing and delivering communications that convey a clear understanding of the unique needs of different audiences.

Demonstrate Organizational Insight - Maneuvering comfortably through complex policy, process, and people-related organizational dynamics.

Make Quality Decisions - Making good and timely decisions that keep work and the organization moving forward.

Optimize Work Processes - Determining the most effective and efficient processes to get things done while focusing on continuous improvement.

Solve Complex Problems - Making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.

Technical Or Other Competencies

Travel Requirements Travel Length Frequency

Domestic Day Trip Less than Monthly

Domestic Overnight Less than Monthly

Domestic Multiple Nights Less than Monthly

International Less than Monthly

Work Schedule Schedule Requirements Required

Mornings

Afternoons

Evenings

Overnights

Weekends

Overtime

On-Call Support

Lowe&aposs 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.

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Skills Required

pricing systems , Excel