Pricing Specialist
3 weeks ago
We are seeking a seasoned pricing professional to join our team at Burberry. As an Actuarial Pricing Specialist, you will play a crucial role in driving revenue and EBIT by ensuring we maximise our pricing potential globally, whilst maintaining consistency and adhering to our overall pricing and brand strategies & principles.
You will be the primary pricing contact for the product divisions, and will be responsible for:
- Pricing Analysis: Identify pricing opportunities through analysis of pricing architecture, performance trends, and competitor pricing intelligence.
- Global Pricing Strategy: Monitor changing global macro-economic factors and make appropriate and reasoned price adjustment recommendations to maintain global pricing consistency and protect group margins.
- Seasonal Pricing: Set up seasonal pricing to ensure that global retail and wholesale prices are appropriately derived each season.
- Liaison and Communication: Act as liaison between business and BI pricing team.
Key Responsibilities
- Support Seasonal Review: Support the seasonal review of country pricing factors, making appropriate price adjustment recommendations as needed.
- Global Pricing Architecture: Assist the Pricing Manager in working with the product finance team to provide seasonal pricing guidance and global pricing architecture relationships to be incorporated into seasonal and financial plans.
- Product Assortment: Create and analyse sales and offer by price range analysis to ensure an appropriate product assortment by price range is maintained.
- Seasonal Price Bands: Oversee the seasonal price bands (core currency pricing relationships) process with merchants and implementation in Flex PLM.
- Price Files: Oversee the creation of seasonal retail and wholesale factor files for SAP.
- Quarterly Price Changes: Manage quarterly price change requests and approvals, working with the product teams and BI Pricing data team to facilitate a smooth implementation.
- Collaboration: Partner with Marketing and BI pricing to deliver accurate price information on product gifting catalogues.
- Pricing Queries: Liaise with BI pricing team on ad-hoc pricing queries, seasonal realignments, emergency price adjustments, and any other price execution requests.
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