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Newell Brands Manager, DTC Pricing & Planning in Hoboken, New Jersey

Position Title: Manager, DTC Pricing & Planning

Reports to: Director, DTC, Newell Brands

Location: Hoboken, NJ

The Pricing and Planning Manager is responsible for all aspects of merchandising planning and implementing pricing strategies to maximize Direct to Consumer performance against sales and profit goals.

Job Responsibilities:

Pricing Analysis & Execution

  • Create pricing strategies for Direct to Consumer business to drive incremental revenue growth and margin

  • Apply various pricing techniques including everyday pricing, promotional pricing, and markdown pricing to achieve business goals

  • Measure effectiveness of existing pricing strategies, make recommendations to Trade Marketing and Finance teams and gain alignment

  • Conduct price elasticity studies to find incremental growth opportunities

  • Conduct competitive analysis and benchmark DTC prices with the market

  • Manage in-house or external pricing tools to manage and optimize Pricing

  • Evaluate pricing tools and technologies and come up with recommendations for improving pricing operations

  • Manage pricing updates on the websites, ensure that accurate pricing is flowing to the websites via different tools and platform and have business ownership of the pricing systems

  • Lead collection of internal and external pricing data needed to understand pricing differences between DTC and Marketplace

  • Create pricing dashboards to capture pricing KPIs and establish metrics relating to pricing and promotional activity and monitor performance against these metrics

  • Collaborate with Analytics team on understanding overall web metrics and informing pricing decisions

  • Support the Analytics team in the implementation of the DTC P&L

  • Maintain booking order and approval documentations, and conduct manual price override reviews as directed by Internal Audit team for SOX compliance

Merchandising Planning & Forecasting

  • Oversee forecast of department, brand, category, and SKU level sales by taking into consideration merchandising strategy and other factors

  • Partner with Merchandising on planning and forecasting for promotions and other initiatives

  • Create forecasts and build business cases for new business initiatives including new DTC selling channels

  • Lead reviews of key performance indicators with sales, margin, in-stock rate, sell-thru, etc.

  • Support the development, implementation & execution of new business processes, planning tools and merchandise systems technology

  • Work with Demand Planning team to ensure that the DTC forecasts and plans are integrated into larger demand and supply plans

Qualifications:

  • Bachelor’s Degree in an analytics field required. Masters in an analytical field preferred

  • 4+ years’ experience in pricing, planning, buying, finance or related field required

  • Experience with dynamic pricing systems and pricing tools and technologies preferred

  • Strong analytical and communication skills required

  • Retail, eCommerce, or CPG Direct to Consumer experience preferred

  • Ability to manage several work streams together and switch between different initiatives

  • Ability to collaborate cross functionally across groups like Trade Marketing, Supply Chain, Finance, Merchandising and Operations

  • Ability to manage complexity and scale

  • Candidate should have excellent communication skills both presentation and verbal and should be comfortable engaging with colleagues at all levels

Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Paper Mate, Sharpie, Dymo, EXPO, Parker, Elmers, Coleman, Marmot, Oster, Sunbeam, FoodSaver, Mr. Coffee, Graco, Baby Jogger, NUK, Calphalon, Rubbermaid, Contigo, First Alert, and Yankee Candle. For hundreds of millions of consumers, Newell Brands makes life better every day, where they live, learn, work and play. Newell Brands and its subsidiaries are Equal OpportunityEmployers and comply with applicable employment laws. EOE/M/F/Vet/Disabled are encouraged to apply.

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