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Pricing Analytics Director

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Location: Plano, TX, United States -
Job ID: 1083977
Corporate Positions
Buying & Planning
Job Type: Full-Time
Date Updated: Jun 11, 2019

Pricing Analytics Director – Pricing

J.C. Penney Company, Inc.

Plano, Texas

The Pricing Analytics Director is responsible for pricing analytics for J C Penney across both channels, stores and online. This role will work closely with Price Strategy teams and category teams to develop and implement price strategies and initiatives to drive profitable sales.

The job will entail leading a team of data scientists and analysts across geographies (US and India) to build pricing models, item segmentation, elasticity models, predictive analytics around pricing and promotions. The role will also support the reporting needs of the organization for pricing and partner with IT to build out some of the underlying data infrastructure, analytical and reporting capabilities.

Primary Responsibilities:

  • Drives price analytics and strategies across the categories for stores and online
  • Works towards maintaining and improving the value or price perception of the customer about JC Penney
  • Develop Analytics roadmap for pricing which will include Item Segmentation, Category Roles and Intent, Price Strategy, Elasticity Models etc.
  • Periodically reviews these analytics and sets a regular refresh cadence for them
  • Partner closely with the IT teams for building the foundational data capabilities for price analytics
  • Mentoring a team of data scientists and analysts across geographies (US and India)
  • Instills a culture of excellence and team work among all associates inclusive of cross training, industry best practices enabling higher productivity and increased flexibility
  • Works closely with Price Strategy and category teams to proactively identify areas of opportunities, misalignment between price strategy and execution and recommend actions to course correct
  • Assist with the build out of zone pricing, which would include store clustering, price elasticities, testing the implementations and adjust as needed
  • Partner with Price execution teams to make sure the implementations of initiatives do not negatively impact the stores or online channels
  • Participate in reviews of financial performance across all categories including market share, sales, profit etc.
  • Act as a consultative partner to key stakeholders within the category and price strategy teams
  • Define business requirements for selection evaluation and selection of analytics technologies and integration of new data sets

Core Competencies & Accomplishments:

  • Bachelor’s degree or equivalent
  • 8+ years in Analytics (4+ years of retail analytics experience preferred)
  • Experience with end to end implementation of pricing or analytics initiatives to achieve business results
  • Knowledge of statistical methodologies and econometric modelling
  • Experience working with pricing analytics
  • Strong Initiative/Drive, problem solving, communication skills required
  • Proficiency in some of the listed technologies (Big Data, database, Analytics tools aka SAS, R, Python etc. Reporting – tableau etc.).
  • Strong understanding of key retail performance indicators
  • Experience in packaging and presenting analytical outputs
  • Skilled in translating business questions into analytical requirements
  • Adept in connecting requirements to technology and defining product evaluation criteria
  • Demonstrated leadership skills

What you get:

Our corporate office, located within the exciting new development of Legacy West in Plano, Texas, supports JCPenney stores and supply chain facilities nationwide. We offer a competitive benefits package including medical/dental/vision, term life insurance, paid vacation/holidays, 401(k) Savings Plan with company match, and an associate discount on JCPenney merchandise. On-site campus amenities include health clinic, pharmacy, daycare and preschool, full cafeteria service, a 24-hour fitness center and free garage parking.

About JCPenney:

At JCPenney, we share a passion for serving customers, supporting our communities and being the best retailer for all families. As a company founded on the Golden Rule, our success is rooted in the belief that we treat everyone the way we would want to be treated. At every touchpoint, customers discover stylish merchandise at incredible value from an extensive portfolio of private, exclusive and national brands. Reinforcing this shopping experience is the customer service and warrior spirit of approximately 98,000 associates across the globe, all driving toward the Company's mission to help customers find what they love for less time, money and effort.

Working at JCPenney means joining a dedicated team of associates who are encouraged to be uniquely themselves in a safe, caring and welcoming environment. It is a place where careers prosper, accomplishments are celebrated and diversity flourishes. It’s a place that’s meant for you.

For more opportunities to join our team please visit our careers page.

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Job Title: Pricing Analytics Director
Location: Plano, TX, United States -
Job ID: 1083977

J.C. Penney Company Inc.
Plano, Texas

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