What you'll do
This is a Hybrid role which includes occasional travel to our office in Bridgwater, Somerset.
This role is key to lead the financial review, challenge and reporting of Toolstation’s pricing strategy across all categories. Drive the development of the Pricing Strategy with the Commercial team by influencing the decision making so that the strategy delivers the required operational results. Develop reporting to continuously monitor the impact of our decisions on profitability, benchmark versus our competitors and price elasticity. Data integrity is key and the role will be responsible for robust control processes to track changes and work closely with the Commercial team to review them.
Day-to-day
Catalogue Pricing. You will drive the delivery of the Pricing strategy through the catalogue pricing process. Take the lead in running this process, with Commercial, to ensure deadlines are met and all senior stakeholders are aligned with the outcomes. Providing insight and recommendations for pricing opportunities to ensure volumes and margins are optimised across all categories.
Continuous monitoring and reporting. You’ll be managing the ongoing CPI and SPI sign off process and the associated reporting. Daily checks of selling price and cost price changes in the system to ensure in line with expectations. Provide insight to Price Elasticity, on an on-going basis, to influence future pricing decisions.
Market price benchmarking. Continuous monitoring of competitor price changes and the reporting of this to the Commercial team. Review range pricing vs competitors to identify opportunities to increase profit delivery through price investment or price increases.
Data integrity. Data integrity is key! You’ll be regularly reviewing of all data points to check for consistent, missing data or incorrect inputs. Control procedure in place to deliver data integrity for all Commercial data inputs.
What you'll bring
Analytical approach to work with excellent attention to detail. Thorough and accurate on all areas when working on a task. Performs tasks with care; is thorough. Makes few if any errors.
Collaboration. You will communicate openly and effectively, ensuring that messages are clear and concise. Adapt content and style to help others understand
Resilience & drive. You are results driven and you take ownership for completing tasks and getting the job done. You are confident to challenge constructively when the situation demands it and can anticipate positive outcomes to difficult situations.
Relevant Experience. You will be analysing factual information/data to develop a conceptual understanding of the meaning of a range of
information. Notices when data appears wrong or incomplete or needs verification recommendations.
Yourself. Bring your whole self to work and let your true personality shine through What you'll get
You’ll find every opportunity to be yourself and to bring your personality and potential to work. Wherever you join us, you’ll also find some of the most secure opportunities and so many more opportunities to take your career wherever you want – up the ladder or across the business. And because we want to do our best for you, you’ll be supported all the way with training, development and benefits that are some of the best.
Toolstation. The story so far.
We’re one of Britain’s fastest growing multi-channel retailers of tools, accessories and building supplies and an integral part of Travis Perkins plc. The trade, home improvers and self-builders all trust us to deliver a lot more than tools. Our store expansion programme and the size and diversity of our Group, means we always have opportunities for ambitious people who want to grow with us.
To apply
Caught your interest? Want to know more? Take a look at www.toolstationjobs.com or simply hit apply
Our policy is to employ the best qualified people and provide equal opportunity for the advancement of employees including promotion and training and not to discriminate against any person because of gender, race, ethnicity, age, sexual orientation, religion, belief or disability
